Global chip shortage: Toyota profits fall as production hit

Japanese motor industry giant Toyota saw its profits fall by 21% for the last three months…

Amazon raises US price for Prime as profits jump

Amazon is raising the price of its Prime service for US customers after reporting record sales…

Global chip shortage: Samsung expects its profits to jump by 52%

Technology giant Samsung Electronics has said it expects to post a 52% jump in profit for…

Bitcoin heads for worst week in months as Mt Gox payouts loom

SYDNEY (Reuters) – Bitcoin fell to a one-month low on Friday and was headed for its…

Apple supplier Foxconn’s Q3 profit beats estimates

TAIPEI (Reuters) – Taiwan’s Foxconn, which assembles iPhones for Apple, reported a better-than-expected third-quarter profit on…

Facebook earns $9bn despite whistleblower scandal

Facebook has posted better-than-expected profits for the third quarter, as it continues to face bad press…

Twitter profits slump after settling long-running lawsuit

Twitter lost more than half a billion dollars in the three months to September after it…

Tech giants’ profits soar as pandemic boom continues

Tech giants have reported soaring profits as consumers upgraded their devices and sought cloud storage during…

Tesla profit surge driven by record car deliveries

Tesla has reported surging profits, despite shortages of semiconductor chips and congestion at ports hampering production.…

H&M swings back to profit, June sales jump as restrictions ease

STOCKHOLM (Reuters) – Sweden’s H&M reported on Thursday a bigger pretax profit than expected for the…

Amazon hopes pandemic habits stick after profits triple

Amazon continued to cash in on our new shop-work-relax-from-home habits in the first three months of…

Samsung handsets push profits to pre-pandemic high

Samsung Electronics has announced its strongest first quarter profits since 2018 on the back of strong…