The world's second-largest memory chip maker, South Korea's SK Hynix, saw operating profits drop for the first time in two years in the fourth quarter as prices fell, it said Thursday.
Business
Jan 24, 2019
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Conventional wisdom in the Amazon era holds that the lowest price wins the battle of the retailers, leading many to just about give away items to make a sale.
Business
Jan 16, 2019
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Japanese technology giant SoftBank celebrated the world's second-biggest IPO for its mobile unit Wednesday but the newly traded shares endured a torrid time in their debut session, plunging nearly 15 percent.
Business
Dec 19, 2018
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German car giant Volkswagen said Thursday it is looking for three billion euros ($3.8 billion) in new savings to help fund its pivot towards electric vehicles, adding that it could not rule out job cuts.
Energy & Green Tech
Dec 6, 2018
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Fishing companies operating worldwide are leaving between $51 billion and $83 billion in unrealized net economic benefits on the table every year due to the overexploitation underperformance of fish stocks, according to new ...
Ecology
Nov 26, 2018
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EasyJet's annual net profit jumped by almost a fifth on strong sales and record passenger numbers, the British no-frills airline announced on Tuesday.
Business
Nov 20, 2018
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The boss of struggling Toshiba said Thursday he would cut 7,000 jobs over the next five years as the Japanese engineering firm pulled out of foreign investments and downgraded its annual profit forecasts.
Business
Nov 8, 2018
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The New York Times said Thursday that digital subscriptions topped three million in the past quarter, keeping the prestigious daily profitable in a difficult environment for the news media.
Business
Nov 1, 2018
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6
Samsung Electronics on Wednesday posted record quarterly operating and net profits as solid demand for its memory chips cushioned the fallout from slowing smartphone sales—but warned of tougher times ahead.
Business
Oct 31, 2018
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Nintendo said Tuesday its net profit jumped by more than a quarter for the six months to September as blockbuster game titles from the "Donkey Kong" and "Mario" series helped boost demand for its popular Switch console.
Business
Oct 30, 2018
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