In his first public comments on Amazon’s latest round of mass layoffs, CEO Andy Jassy offered a surprising justification for cutting 14,000 jobs. The decision was not driven…
European stocks opened lower on Friday as investors navigated a complex mix of signals, weighing a cautious stance from the European Central Bank against strong earnings from US…
China’s manufacturing sector slipped further into contraction in October, underscoring the pressure on the world’s second largest economy as weak global demand and renewed trade tensions with Washington…
Netflix is weighing a bid for Warner Bros Discovery’s studio and streaming assets, marking what could be one of the entertainment industry’s most significant consolidation moves in recent…
Three of the world’s most powerful technology billionaires made a surprise appearance at a popular Seoul fried chicken restaurant on Thursday, sharing beer and soju before creating a…
Volkswagen’s premium brand Audi lowered its full-year profitability guidance on Friday for the second time this year, as US import tariffs and costs tied to its electric vehicle…
Exxon Mobil and Chevron, two of the world’s largest oil producers, reported weaker third-quarter results on Friday as lower crude prices and rising expenses dented profitability. Despite the…
Three of the world’s most powerful tech companies—Microsoft, Meta, and Google—delivered a unified and staggering message to investors this week: their unprecedented spending spree on artificial intelligence is…
Asian markets were mixed on Thursday, with investors adopting a cautious “wait-and-see” approach as two major global events took center stage: a high-stakes meeting between the leaders of…