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Apple closes all shops in China amid coronavirus outbreak

Apple is temporarily closing its 42 shops in mainland China, one of its largest markets, amid the rapid spread of coronavirus. The iPhone maker said...

Microsoft ploughs ahead in cloud business growth

Microsoft has reported another solid quarterly report card to Wall Street, as it ploughs ahead in selling its cloud computing services to big businesses...

Morgan Stanley exceeds forecasts with 46% jump in fourth-quarter profits

Morgan Stanley’s fourth-quarter profits jumped 46% from a year earlier, the company said on Thursday, helped by a massive boost from the bank’s trading...

Microsoft pledges to remove entire historical carbon footprint by 2050

Microsoft has pledged that within the next 30 years it will remove all the carbon it has emitted since it was founded in 1975. While...

Goldman Sachs profit falls 24% as legal expenses mar results

Goldman Sachs said its fourth-quarter profits dropped by 24% from a year earlier, as the bank had to set aside money to cover its...

Google parent company’s legal chief leaving amid ‘misconduct’ claims

David Drummond, the legal chief of Google parent company Alphabet, is leaving at the end of the month, following accusations of inappropriate relationships with...

Bank of England boss spent almost £100,000 on final Governors’ Day party

The Bank of England’s outgoing boss Mark Carney spent nearly £100,000 on a summer bash for staff in his last Governors’ Day party before...

Huawei sales up 18% but US pressure signals tough times ahead

Chinese tech giant Huawei said its sales rose by a lower-than-projected 18% in 2019 and predicted tough times ahead as the US moves to...

Amazon and Deliveroo tie-up faces probe over competition concerns

The UK's competition watchdog has launched an in-depth investigation into Amazon’s bid to buy a stake in Deliveroo. The Competition and Markets Authority (CMA) said...

Lord Saatchi quits M&C Saatchi after repeated profit warnings

Lord Saatchi has quit the M&C Saatchi advertising agency amid multiple warnings over profits. The UK-based firm warned over profits for the second time in...

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