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The Financial Express

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Intel's 'historic collapse' erases $8b from market value

Intel saw about $8 billion wiped off its market value on Friday after the US chipmaker stumped Wall Street with dismal earnings projections, fanning fears around a slump in the personal-computer market. The company predicted a surprise loss for the...

Visa revenue growth slows more

Visa's revenue growth continued to wind back to pre-pandemic levels...

Asian equities hit 9-month high as recession fears wane

Asian stocks rose on Friday and were poised for their...

India's Adani kicks off record $2.45b share sale

India's Adani Enterprises Ltd began a record $2.45 billion secondary...

IBM cuts 3,900 jobs, misses annual cash target

IBM Corp on Wednesday announced 3,900 layoffs as part of some...

Asia shares trading mixed, China markets closed for holidays

Asian shares were mixed Wednesday after Wall Street indexes finished...

US securities regulator lists April for climate rule action

The top US securities regulator has cited April as the...

Indonesian businessman fined over $370m for stock manipulation

An Indonesian corruption court on Thursday found businessman Benny Tjokrosaputro...

Microsoft in talks to invest $10b in ChatGPT owner

Microsoft Corp is in talks to invest $10 billion into OpenAI,...

Goldman Sachs to start cutting thousands of jobs midweek

Goldman Sachs Group will start cutting thousands of jobs across the...

Shares of Ant-linked firms rise after news of Jack Ma ceding control; Alibaba jumps

Shares of listed Chinese companies that count Ant Group as...

Jack Ma to relinquish control of Ant Group

Ant Group's founder Jack Ma will no longer control the...

Samsung's quarterly profit set to hit 6-year low

Samsung Electronics Co Ltd's quarterly profit will likely plunge 58 per...

Amazon CEO says job cuts to exceed 18,000 roles

Amazon.com layoffs will now increase to more than 18,000 roles as...

Apple’s stock market value shrinks sharply, falls below $2.0 trillion

Apple Inc’s stock market value shrank sharply on Tuesday following...

Brazil's Petrobras CEO resigns

The chief executive of Brazilian oil company Petrobras, Caio Paes...

Asia shares weigh China risks, yen hits 6-month high

Asian shares recovered from early losses on Tuesday as investors...

Wall Street ends 2022 with biggest annual drop since 2008

US stocks closed out 2022 lower on Friday, capping a...

Asian shares slip as investors gauge China reopening policy

Asian equities were subdued on Wednesday, while the dollar held...

India's NDTV shares rise as founders plan to sell stake to Adani

Shares of Indian news broadcaster New Delhi Television Ltd rose...

Bloomberg owner eyes Wall Street Journal or Washington Post acquisition: Report

Michael Bloomberg has expressed the desire to own a big-name...

Xiaomi to slash 15pc of jobs

China's Xiaomi Corp has started laying off workers in several...

Elon Musk's team seeks new funding for Twitter

Elon Musk’s team has reached out to investors to raise...

Goldman Sachs to cut thousands of staff

Goldman Sachs Group is planning to cut thousands of employees...

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