U.S. jeweler Tiffany & Co. and French luxury goods group LVMH have finally agreed on the price of the acquisition deal after months of legal disputes, both companies said on Thursday.The new acqui...
Credit Suisse on Thursday posted below-expectations results for its third quarter. The firm saw a 38% fall in the quarter’s net profit due to the impact of the coronavirus on the investment banking ...
Oil titan Royal Dutch Shell reported better-than-expected results in its third-quarter on Thursday. It also announced its plans to raise shareholders’ dividends.The oil giant reported adjusted earni...
Deutsche Bank on Wednesday reported results for the third quarter (July-September), with a profit of 182 million euros ($214 million). A year ago, the bank posted a net loss of 832 million euros a...
Comm.AI CEO George Hotz believes that Tesla should sell its self-driving computer chip to step-up competition for Nvidia. Hotz founded Comma.AI to further develop self-driving technology, and...
Billionaire, chairman and CEO of Vista Equity Partners Robert F. Smith is donating $50 million to the Student Freedom Initiative at Historically Black Colleges and Universities (HBCUs).The Student Fre...
Europe’s largest bank by assets HSBC on Tuesday reported results for the third quarter of 2020. Although the bank beat estimates, it still reported a 36% year-on-year fall in its third-quarter pre-t...
Chinese financial technology giant Ant Group is set to raise $34 billion public offering in what is said to be the world’s biggest IPO. The conglomerate’s shares will trade in Hong Kong and S...
White House Senior Advisor Jared Kushner came under fire on Monday after he made a racist comment during a Fox News interview. Kushner who is also the President’s son-in-law, during the interv...
Global conglomerate Samsung lost its chairman Lee Kun-hee on October 24. The company announced the death but failed to mention the exact cause, but it is known that Mr. Lee had been incapacitated ...