Apple Monday, capitalized on the Federal Reserve’s emergency measures in response to the coronavirus outbreak to situation its most cost-effective bonds in years, making it the most recent blue-chip firm to take action to fund inventory buybacks and dividends. Apple’s […]
International Monetary Fund (IMF) MD Kristalina Georgieva Tuesday nominated former IMF delegate Antoinette Sayeh to assume the role of a deputy managing director at the Fund. Sayeh, from Liberia, was director of the IMF’s African Division during 2008-2016. She since […]
Taiwan’s Foxconn stated Thursday it could “cautiously” resume production at its major plats in China as the major Apple supplier notified income will be affected this year by the coronavirus outbreak. Its warning comes just days after Apple canceled its […]
A Tel Aviv courtroom ordered Facebook to unblock the private account of a worker at Israeli surveillance firm NSO Group, and similar rulings are anticipated for other staff in the following days, an NSO spokeswoman mentioned on Tuesday. A team of […]
Walmart reported weaker-than-expected vacation-quarter earnings early Tuesday, with identical-retailer gross sales additionally lacking. The Dow Jones retail big additionally gave disappointing revenue steering. Walmart’s inventory rose. Wall Street anticipated Walmart’s earnings per share to tick up 1% to $1.43, in […]
Nissan shareholders vented their outrage on the Japanese automaker’s high administration Tuesday for crashing inventory costs, zero dividends, and quarterly losses after the scandal-ridden departure of former Chairman Carlos Ghosn. They acquired up, one after the other, at a rare […]
U.S. printer manufacturer Xerox Holdings is hosting a dinner for HP shareholders this week as it seeks investors backing to beat the personal computer manufacturer’s stand to its $35 billion takeover offer, based on people conversant in the matter. The […]
KLM, the Dutch unit of Air France KLM, issued a public apology Friday after a crew member triggered online outrage by posting a sign in Korean saying passengers on a recent flight weren’t allowed to use a restroom due to […]
Nissan might report its first quarterly loss in over a decade Thursday attributable to falling sales, sources familiar with the company said, including more pressure on efforts to rebuild the company after Carlos Ghosn’s ouster. Deteriorating profits stress the challenges […]
Whatever nickname ultimately will get connected to the now-ending Twenty-tens, on Wall Street, and throughout Corporate America, it arguably ought to be tagged as the “Decade of Debt.” With rates of interest locked in at rock-backside ranges courtesy of the […]