- Advertisement -

CATEGORY

BUSINESS

Break-up with rapper Ye hits Adidas earnings

Adidas saw operating earnings dwindle in the first three months of the year as the German sportswear company’s break-up with the rapper formerly known...

Volkswagen profits fall by 30% due to drop in Chinese sales

Volkswagen profits fell 30 per cent in the first three months of the year despite booming business in Europe and North America because sales...

Indian no-frills air carrier Go First files for bankruptcy

No-frills Indian air carrier Go First has filed for bankruptcy and suspended its flights for three days, causing hardships for thousands of fliers. A statement...

European Central Bank set to raise interest rates after inflation edges higher

The inflation rate in the eurozone inched higher last month, extending the squeeze on households and keeping pressure on the European Central Bank (ECB)...

JP Morgan Chase To Takeover US First Republic Bank

US Federal regulators have seized First Republic Bank and sold it to JP Morgan Chase in what is the third US institution to fail...

Europe’s economy barely grows as inflation pinches consumers

The European economy scraped out meagre growth of 0.1% in the first three months of the year, barely gaining momentum after dodging a winter...

First Republic tumbles at opening bell in US after depositors flee

First Republic Bank’s stock has plunged at the opening bell in the US after it said depositors withdrew more than 100 billion dollars (about...

Credit Suisse investors sue after facing billions in losses

A group of Credit Suisse investors has sued Swiss financial regulators after a government-engineered takeover of the struggling bank by rival UBS left it...

BuzzFeed to close news division and cut 15% of all staff

Pulitzer Prize-winning digital media company BuzzFeed will shut down its news division as it cuts about 15 per cent of its entire staff. In a...

Name-that-tune game Heardle dropped by Spotify after a year

Heardle, the name-that-tune game inspired by the Wordle craze, is being dropped by Spotify less than a year after the music streaming giant acquired...

Latest news

- Advertisement -