Business

Fujifilm to cut 10,000 jobs at subsidiary amid Xerox takeover

TOKYO, Japan (AFP) -- Japanese technology firm Fujifilm on Wednesday announced 10,000 job cuts by March 2020 at its Fuji…

Siemens says profits up on global upturn

FRANKFURT AM MAIN, Germany (AFP) -- German engineering giant Siemens said Wednesday that profits jumped in the first quarter, driven…

Popular Line messaging app starts crypto trading spinoff

TOKYO, Japan (AFP) -- Japan's biggest messaging app Line said Wednesday it was launching a financial services spinoff to allow users to exchange…

Nintendo ups profit forecast on strong Switch sales

TOKYO, Japan (AFP) -- Nintendo hiked its annual net profit forecast by more than 40 percent Wednesday after its popular Switch console flew…

Blackstone agrees to stake in Thomson Reuters finance unit

NEW YORK, United States (AFP) -- US private equity giant Blackstone has agreed to pay $17 billion for a majority…

Samsung Electronics reports record Q4 and full year profits

SEOUL, South Korea (AFP) -- Samsung Electronics reported a 73 percent jump in its fourth-quarter net profit on Wednesday, setting…

US investigating iPhone slowing Apple software: report

SAN FRANCISCO, United States (AFP) -- Apple's move to slow down older iPhones as batteries weaken is under scrutiny by…

Asian markets surge following Wall Street records

HONG KONG, China (AFP) -- Asian markets surged Monday as investors tracked last week's record-breaking end on Wall Street, where…

Dominguez: Massive infra program, comprehensive tax reform to drive PHL inclusive growth

(Eagle News) – Department of Finance Secretary Carlos Dominguez III has said the administration's “massive infrastructure program" and comprehensive tax…

Intel gets lift from earnings, investors look past chip flaw

SAN FRANCISCO, United States (AFP) -- A stronger-than expected earnings report Thursday lifted Intel shares as investors looked past a…

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