Business

Business

Samsung facing growing threats despite record profits

Sprawling South Korean conglomerate Samsung Electronics has recovered from a humiliating recall fiasco and the arrest of its de facto…

6 Min Read

Tesla’s Musk hands over first Model 3 electric cars to early buyers

Tesla Chief Executive Officer Elon Musk said on Friday the Model 3 had over half a million advance reservations as…

4 Min Read

Four Audi directors to leave over diesel scandal: report

Four board members at Volkswagen subsidiary Audi are set to step down, a German magazine reported Friday, saying the firm…

2 Min Read

Amazon plows ahead with high sales and spending; profit plunges

Amazon.com Inc on Thursday reported a jump in retail sales along with a profit slump, as its rapid, costly expansion…

6 Min Read

NY jury hears closings in ‘Pharma Bro’ Shkreli fraud trial

A troubled genius working to save lives or a compulsive liar who defrauded investors? A US jury heard closing arguments…

5 Min Read

Facebook shares hit record high as mobile ad sales soar

Facebook Inc reported steady and steep quarterly revenue growth on Wednesday, as the world's largest social network attracted more advertising…

5 Min Read

FBR issues notices over 2,000 people for receiving expensive gifts

The Federal Board of Revenue (FBR) has issued notices to over 2,000 people who declared receiving expensive gifts in their…

1 Min Read

Adobe bidding Flash farewell in 2020

Adobe on Tuesday said its Flash software that served up video and online games for decades will be killed off…

3 Min Read

Toyota set to sell long-range, fast-charging electric cars in 2022: pape

Toyota Motor Corp is working on an electric car powered by a new type of battery that significantly increases driving…

3 Min Read