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Netflix

Netflix prepares for expansion in Asia, targeting India

The video streaming platform Netflix has a mission to expand its audience in Asia, but the country that could help it to reach this...
UniCredit

UniCredit failed to meet the analysts’ expectations for profit in Q3 2018

Italy's largest bank UniCredit failed to meet the analysts' expectations for profit in the third quarter. Among the main reasons is the depreciation of...
21st Century Fox

The media giant 21st Century Fox reported earnings growth in Q4 2018

The media giant 21st Century Fox reported earnings growth in Q4 2018, despite weaker-than-expected sales in its cable TV segment. The company's cable business, which...
Qualcomm

Qualcomm lowered forecast for sales revenue for the quarter

Qualcomm lowered forecast for sales revenue for the quarter, including Christmas, falling below analysts' expectations. This is the result of the loss of chip...
US business startups

Creation of new US startups lags behind 2008 levels

American companies are getting older. According to recently published US data, in 2016 nearly 20% of American business companies were less than 10 years...
General Motors Ebike

General Motors enters in electric bikes business

General Motors plans to launch two new electric bikes next year - one foldable and one compact, as part of the car maker's attempt...
Rosneft

Russian oil producer Rosneft tripled its net profit in Q3 2018

Russian oil producer Rosneft nearly tripled its net profit in Q3 2018 to 142 billion rubles (2.13 billion USD) due to output growth and...
Walmart food online

Walmart overtakes Amazon in a survey among consumers buying food online

The world's largest retailer Walmart overtakes the online giant Amazon in a survey among consumers buying food online. According to the survey, majority of...
Hyperloop tunnel

Elon Musk’s Boring Company hows the first Hyperloop tunnel in early December

Elon Musk's technology developer company Boring Company plans opening its first tunnel for Hyperloop in Los Angeles. The US entrepreneur publishes some hypnotizing footage...
Apple iPhone XR

Apple cancels the extra production of the iPhone XR

The technology giant Apple has ordered its smartphone subcontractors Foxconn and Pegatron to stop their plans for additional production lines for the iPhone XR...

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