Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally.
A probe into a series of engine failures on Airbus's smallest jet, the A220, is studying whether a software change set off unexpected vibrations that damaged fast-moving parts and forced three emergency landings, people familiar with the case said.
Amazon.com Inc's chief financial officer on Thursday said costs for its one-day shipping program will spike to around US$1.5 billion during the holiday season as the online retailer speeds up free delivery to woo shoppers and fend off rivals like Walmart Inc and Target Corp .
HSBC Holdings Plc and Standard Chartered Plc are set to show early signs of strain from anti-government protests in Hong Kong, the single-biggest profit center for the two banks, when they report quarterly earnings next week.
Luxury retailer Barneys New York Inc is close to being sold to licensing firm Authentic Brands Group LLC after a competing bid from a trade show executive failed to qualify for a bankruptcy auction, people familiar with the matter said on Thursday.
Intel Corp on Thursday beat Wall Street estimates for third-quarter revenue and profit and raised its full-year revenue forecast, easing concerns about slowing chip demand amid the U.S.-China trade war.
Moscow on Thursday dismissed media reports that Russian hackers piggybacked on an Iranian cyber-espionage operation to attack government and industry organisations in dozens of countries as an "unsavoury" interpretation of a security report.
The Gojek founder's appointment suggests President Jokowi is eager to focus the next five years on improving Indonesia’s education system, says an observer.
The Federal Trade Commission staff reviewing Roche's plan to buy U.S.-based gene therapy specialist Spark Therapeutics for US$4.3 billion recommended that the deal be approved without requiring any asset sales, the Capitol Forum reported on Thursday.
Tesla Inc's shares sky-rocketed on Thursday after the electric car maker surprised investors with a rare quarterly profit, and delivered a record number of cars while keeping a lid on costs.
