Two decades after it first peaked as the dominant leader of a dazzling bull market, Microsoft is once…
Author: Robert Thomson
Uber sees path to profit despite $1.1bn loss
Uber’s business continues to grow, but so do its losses. Read more at https://www.bbc.com/news/business-51409022
Warner Music set for US stock market flotation
Warner Music Group, home to a host of stars including Ed Sheeran and Katy Perry, plans…
China to halve retaliatory tariffs on hundreds of US goods worth about $75 billion
China on Thursday announced that it will halve tariffs on hundreds of U.S. goods worth about $75…
Apple Watch outsold the entire Swiss watch industry in 2019
The Apple Watch outsold the entire Swiss watch industry in 2019, according to a new report.…
Ryanair rapped over low emissions claims
Claims made by Ryanair about its carbon emissions have been banned by the UK’s advertising watchdog.…
Macy’s to close 125 stores, cut 2,000 corporate jobs, in hunt for growth
Stuck in a sales slump, Macy’s is shrinking to grow. Read more at https://www.cnbc.com/2020/02/04/macys-to-close-125-stores-sees-480-million-in-restructuring-costs-to-2000-corporate-jobs.html
Is NorthSea Therapeutics Getting Close to an IPO?
IPO activity has been very slow on the Dutch Euronext stock market. There were 4 IPOs…
Copper prices dive more than 12% this year, as China manufacturers shut down over virus concerns
Prices of copper, a barometer for the health of the global economy, have dived more than 12%…
BP full-year net profit falls 21% on weak oil and gas prices
Energy giant BP reported better-than-expected full-year net profit on Tuesday, outperforming analyst expectations despite lower oil and gas…
Julius Baer to cut 300 jobs after 2019 profit drop
Julius Baer will cut 300 jobs this year, its chief executive said on Monday, as the Swiss…
AirAsia shares plunge after Airbus bribery allegations
Shares of Malaysia’s AirAsia Group and unit AirAsia X fell on Monday, after allegations by Britain’s Serious Fraud Office that Airbus paid…