AMD beats on sales and profit but warns of a 10% revenue decline in Q1
AMD reported earnings as many of its rival chipmakers have stumbled in recent weeks, citing…
Month: January 2023
PayPal to lay off 2,000 employees in coming weeks, about 7% of workforce
The payments giant PayPal adds to the spate of January tech layoffs with plans to…
PayPal to lay off 2,000 employees in coming weeks, about 7% of workforce
The payments giant PayPal adds to the spate of January tech layoffs with plans to…
The Covid pandemic drives Pfizer’s 2022 revenue to a record $100 billion
Sales of Paxlovid surged to $18.9 billion in 2022, which was the first full year…
The ‘land grab’ for lithium is just getting started with GM deal, says EV materials expert
As automakers scale up their electric vehicle production, they will also have to compete to…
Russia claims village near embattled Ukrainian city of Bakhmut
Defence ministry says Blahodatne captured with help of aerial support; no immediate comment by Ukraine.
Airbnb’s 13 most wish-listed properties in the world for 2023—including an $18 million home
Airbnb unveiled the most wish-listed new global listings of 2023. The 13 properties reached that…
McDonald’s profit grows as inflation-weary customers flock to its restaurants
McDonald’s is expecting that short-term inflation will continue in 2023.
GM smashes expectations and guides toward a strong 2023, despite margin squeeze
The strong results and guidance come as the U.S. automotive industry is beginning to normalize…
Trump sues Bob Woodward and publisher for $50 million over use of his interview recordings
Trump claims he never agreed to allow audio of Woodward’s tapes of his interviews with…
McDonald’s profit grows as inflation-weary customers flock to its restaurants
The fast-food giant is expecting that short-term inflation will continue in 2023.
McDonald’s is about to report earnings. Here’s what to expect
McDonald’s is set to report fourth-quarter earnings before the opening bell.
Top U.S., Chinese and Russian officials tour Africa as global charm offensive gathers pace
Russian Foreign Minister Sergei Lavrov, new Chinese Foreign Minister Qin Gang and U.S. Treasury Secretary…
Rescue operation continues after Pakistan blast that killed 88
Most of those killed in a suicide bombing at a Peshawar mosque were police, as…
Asia’s chipmakers fall as Samsung sees worst quarterly profit in 8 years
Chipmakers in Asia fell as South Korean conglomerate Samsung Electronics saw its worst profit decline…
Swiss bank UBS gets a boost from higher interest rates, beats expectations in fourth quarter
Swiss bank UBS reported $7.6 billion of annual profit in full-year 2022, beating analyst expectations…
McDonald’s is about to report earnings. Here’s what to expect
McDonald’s is set to report fourth-quarter earnings before the opening bell.
IMF hikes global growth forecast as inflation cools and household spending surprises
In its latest economic update, the institution said the global economy will grow 2.9% this…
Formula 1: Audi buys minority stake in Sauber ahead of 2026 F1 entry
Audi is excepted to make its long-awaited entry into Formula 1 in 2026 and will…
China stocks are close to bull market highs after returning from Lunar New Year break
China’s onshore A-shares were hovering close to bull market territory on Monday, the first day…
