Stock Market
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Sources say Didi is in talks to buy a third of the Chinese electric vehicle company Sinomach.
Hong Kong (Reuters) – According to two sources, Didi is in talks with Sinomach Automobile, which is backed by the…
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Zara’s owner, Inditex, makes a lot more money after a pandemic because people spend a lot.
In the three months leading up to April, the biggest fast fashion company in the world had its best quarter…
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Investment bank Credit Suisse reports a loss for the second quarter.
Zurich (Reuters) -Credit Suisse warned on Wednesday that the company as a whole might lose money in the second quarter…
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COVID: Inditex, which owns Zara, sees its quarterly profit rise by 80% after COVID.
MADRID (Reuters) -Inditex (BME: ITX), which owns Zara, reported an 80 percent increase in quarterly profit on Wednesday.This was due…
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Wizz Air expects to lose money in Q1 because of a lack of staff and supply problems.
(Reuters) – Wizz Air, a European low-cost airline, said Wednesday that it expects to have an operating loss for the…
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China’s Tencent will release its most popular game, “Honor of Kings,” all over the world.
Hong Kong (Reuters) – China’s Tencent Holdings (OTC: TCEHY) announced on Wednesday that it will release its most popular mobile…
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Pernod Ricard is betting that its digital push will help it grow.
Paris (Reuters)-Pernod Ricard (EPA:PERP), a French spirits company, said on Wednesday that it was counting on digital initiatives, especially the…
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RIA says that IBM has stopped doing business in Russia.
The American technology company IBM (NYSE: IBM) will stop doing business in Russia, a senior company official told RIA Novosti…
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The EU agrees to one charging port for all phones, which is a blow to Apple.
BRUSSELS (Reuters) – In a world first, EU countries and lawmakers agreed on Tuesday to a single mobile charging port…
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Ted Baker’s shares drop as a favoured bidder walks away.
(Reuters) -Ted Baker’s share price fell by more than 20 percent on Tuesday after the firm announced that its preferred…
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