Archive for the January 28, 2019
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Mobile telecoms equipment company Ericsson beat fourth-quarter forecasts on Friday and said it was approaching its financial targets thanks to growing demand for next-generation 5G gear. The Swedish company has staked its recovery on rising
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No 1 US carrier American Airlines posted on Thursday quarterly profit and 2019 guidance that beat Wall Street estimates thanks to higher fares and healthy passenger demand, sending its shares up nearly 6 percent. Smaller
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No 1 US carrier American Airlines posted on Thursday quarterly profit and 2019 guidance that beat Wall Street estimates thanks to higher fares and healthy passenger demand, sending its shares up nearly 6 percent. Smaller
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The world's second-biggest memory chipmaker, South Korea's SK Hynix Inc, posted fourth-quarter profit well below market expectations on Thursday as US-China trade frictions and China's slowing economy dragged on semiconductor prices. It was the Samsung
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The world's second-biggest memory chipmaker, South Korea's SK Hynix Inc, posted fourth-quarter profit well below market expectations on Thursday as US-China trade frictions and China's slowing economy dragged on semiconductor prices. It was the Samsung
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Chinese tech giant Huawei said on Tuesday it could pull out of partnerships in hostile countries as it seeks to counter security concerns in the West over its 5G technology. Liang Hua, chairman of the
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South Korea's Hyundai Motor surprised the market on Thursday by posting its first quarterly net loss in at least eight years as its vehicle sales slumped in the key China market. Hyundai has been grappling
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South Korea's Hyundai Motor surprised the market on Thursday by posting its first quarterly net loss in at least eight years as its vehicle sales slumped in the key China market. Hyundai has been grappling
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Big Tech firms face a critical test in the coming days with quarterly updates that may offer clues on whether the world's largest companies are seeing growth or retrenchment ahead. Apple reports its latest quarterly
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An ecstatic Zimbabwean passenger Shylot Sibanda screams with joy as he boards a bus from downtown Harare to the township of Budiriro. The fare has been slashed to a third of what he paid last
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