January 31, 2019

Shell vows spending discipline even as 2018 profits soar

Royal Dutch Shell vowed to stick to spending discipline this year even as 2018 profits jumped by more than a third to their highest since 2014 […]
January 31, 2019

U.S., China take the lead in race for artificial intelligence: U.N.

China and the United States are ahead of the global competition to dominate artificial intelligence (AI), according to a study by the U.N. World Intellectual Property […]
January 31, 2019

Asian slowdown spoils the picture for Swatch Group

Swatch Group said business slowed in the last three months of 2018 hit by a downturn in Asia and France, leading the Swiss watchmaker to post […]
January 31, 2019

Nokia sees bumpy 2019 growth due to timing of 5G rollouts

Telecoms equipment maker Nokia forecast a soft first half on Thursday after beating fourth-quarter profit and sales expectations. Powered by WPeMatico
January 31, 2019

H&M sticks to dividend despite surprise fourth-quarter profit fall

Fashion retailer H&M reported an unexpected fall in quarterly pretax profit on Thursday, hit by lingering costs to upgrade its logistics, but kept its dividend unchanged […]
January 31, 2019

Japan’s Nintendo books 36 percent profit jump, cuts Switch hardware forecast

Japan’s Nintendo Co Ltd reported a 36 percent jump in quarterly operating profit on Thursday buoyed by strong software sales of its hybrid home-portable Switch console, […]
January 31, 2019

Exclusive: Sri Lanka halts imports of Johnson & Johnson Baby Powder pending asbestos tests

Sri Lanka has halted imports of Johnson & Johnson Baby Powder until the company proves its product is free from cancer-causing asbestos, two government officials and […]
January 31, 2019

Asia stocks scale four-month peak as Fed turns more cautious; dollar sags

Asia stocks rose to a four-month high on Thursday after the Federal Reserve pledged to be patient with further interest rate hikes, signaling a potential end […]
January 31, 2019

GM halts operations at 11 Michigan plants after utility’s urgent appeal

General Motors Co said late on Wednesday it will temporarily suspend operations at 11 Michigan plants and its Warren Tech Center after a utility made an […]
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