Concerns about the social media giant’s declining profit margins and battered reputation have prompted 93 U.S. mutual funds to completely […]
Tag: companies
EU Commission pushes for wider use of euro in global markets
The European Commission published on Wednesday non-binding proposals to boost the role of the euro in international payments and as […]
Deutsche searched in money laundering probe over Panama Papers
Around 170 police officers, prosecutors and tax inspectors searched six Deutsche Bank offices in and around Frankfurt on Thursday over […]
Sterling slips on Spain’s objections
Sterling fell a quarter of a percent on Friday as Spain’s eleventh-hour objections over Gibraltar before a Sunday summit to […]
U.S. chipmaker Nvidia to provide AI platform for Chinese EV start-ups
U.S. chipmaker Nvidia Corp (NVDA.O) has signed separate deals with Chinese electric vehicle startups XPeng Motors, Singulato Motors and SF […]
Angola battles to revive oil exploration as output declines
On Saturday, nearly two decades after securing the initial rights, Total’s CEO Patrick Pouyanné was in Luanda to snip the […]
Japan’s SoftBank steps closer to transformation with mammoth mobile IPO
SoftBank Group Corp (9984.T) has won approval to conduct a 2.4 trillion yen ($21.04 billion) initial public offering (IPO) of […]
VW plans to sell electric Tesla rival for less than $23,000
Volkswagen intends to sell electric cars for less than 20,000 euros ($22,836) and protect German jobs by converting three factories […]
EU’s Vestager says probe into Google AdSense case nearing end
EU regulators are close to wrapping up their third case against Alphabet (GOOGL.O) unit Google involving its AdSense advertising service, […]
Facebook, Google tools reveal political ad removal data
Public databases that shine a light on online political ads – launched by Facebook and Google before Tuesday’s U.S. elections […]
