Disney focuses on streaming as it falls to a loss

Disney plans to release Mulan on its Disney+ streaming site this year and launch a new…

OPEC+ is facing a ‘very delicate, fragile balancing act’ in the oil market, strategist says

OPEC and its allies need to find a balance between supporting oil prices and keeping U.S.…

Zoom to halt direct sales of products to users in China and switch to partner-only model

Zoom said Monday it will stop selling new or upgraded products directly to customers in mainland…

Wealth inequality rises even as wage gap narrows

The gap between how much people earn in London and the rest of the country has…

Microsoft to continue talks to buy TikTok’s US operations

US tech giant Microsoft has confirmed that it is continuing talks to purchase the US operations…

Burberry and Tencent team up for concept stores

Burberry has partnered with China’s tech giant Tencent to launch a luxury concept store using social…

Amazon, Facebook and Apple thriving in lockdown

The coronavirus crisis might be causing widespread economic upheaval around the world, but the world’s biggest…

Boeing to end 747 production and warns of job cuts

Boeing has said it will stop making its classic 747 plane and is eyeing steeper job…

Samsung profits soar on work from home demand

Samsung Electronics has seen its earnings soar as sales were boosted by millions working and learning…

Nissan shares fall 10% after record loss warning

Nissan’s shares have plunged by 10% in Tokyo trading after warning that it would see a…

Kodak pivots itself to become strategic drug maker

Better known for making cameras, Kodak has moved into drug making and has just secured a…

Amazon takes on supermarkets with free food delivery

Amazon is ramping up its online grocery service with the aim of serving millions of shoppers…