Business

Amazon revenue beats estimates; Alphabet posts strong revenue

Amazon.com Inc reported a better-than-expected rise in quarterly revenue on Thursday (July 28), powered by blockbuster growth in its cloud…

Apple says one billion iPhones have been sold

SAN FRANCISCO, United States (AFP) -- Apple announced Wednesday the sale of its billionth iPhone, a milestone for the company…

Smartphone sales drive Samsung Q2 profit

SEOUL, South Korea (AFP) -- Solid sales of its flagship smartphone and an aggressive cost-cutting drive saw Samsung Electronics on…

Fed leaves rates unchanged but says US economy improving

  WASHINGTON, United States (AFP) by Douglas Gillison The Federal Reserve left key interest rates untouched Wednesday but acknowledged improved economic…

BP logs $1.4bn loss, draws line under oil disaster

LONDON, United Kingdom (AFP) - BP faced another net loss in the second quarter but has now drawn a line under…

Asian shares near nine-month peak

Asian shares held near nine-month highs on Monday (July 25) as worries over the impact of Britain's Brexit vote eased,…

Verizon expected to buy Yahoo for $5 billion

Telecommunications giant Verizon is expected to announce a $5 billion dollar deal to purchase Yahoo. A source familiar with the…

Yahoo appears near deal to sell core assets

by Sophie ESTIENNE SAN FRANCISCO, United States (AFP) -- Yahoo was set to announced a deal to sell its core…

China builds massive seaplane: state media

BEIJING, China (AFP) -- China has completed production of the world's largest amphibious aircraft, state media has said, the latest…

Unilever spruces up profits but sees gloomy global outlook

THE HAGUE, Netherlands (AFP) - Dutch food and cosmetics giant Unilever posted Thursday a rise in sales for the first half of 2016,…

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