Edition:
United States

Sayantani Ghosh

EBay announces review of StubHub, Classifieds in deal with activists

Mar 01 2019

EBay Inc on Friday announced a review of its StubHub and eBay Classifieds businesses and said it would appoint two new directors to its board, as part of an agreement with activist investors to avert a proxy contest.

China Xiaomi's revenue surges on India smartphone demand but growth doubts stay

Aug 23 2018

BEIJING/SINGAPORE Chinese smartphone maker Xiaomi Inc's quarterly revenue soared due to strong demand in India and other emerging markets but doubts remained on whether it can sustain the fast pace of growth and its shares reversed early gains to end lower.

SoftBank's cheap valuation draws $1 billion bet from U.S. fund Tiger Global

Jul 13 2018

TOKYO/SINGAPORE U.S. hedge fund Tiger Global has built a stake worth over $1 billion (757 million pounds)in SoftBank Group Corp as it considers the Japanese firm undervalued, a source with direct knowledge of the matter said, driving SoftBank shares up as much as 6.8 percent.

Memory boost: How chipmakers are weathering slowing smartphone sales

May 07 2018

SEOUL/SINGAPORE Investors in global chipmakers have had a rocky ride in the last few months on worries about a slowing smartphone market, but a clamor for more video content from consumers is underpinning buoyant sales for memory-chip makers.

Harley says gaining traction with buyers even as retail sales fall

Oct 17 2017

Harley-Davidson Inc reported weaker-than-expected quarterly retail sales as low prices for used motorcycles in the United States dampened demand for new ones.

Wall Street raises targets on Netflix, citing price increases

Oct 13 2017

Netflix Inc shares hit an all-time high on Friday as Goldman Sachs and other brokerages raised their price targets on the world's biggest online-streaming company, citing its ability to raise fees without scaring away customers.

Wall Street raises targets on Netflix, citing price increases

Oct 13 2017

NEW YORK, Oct 13 Netflix Inc shares hit an all-time high on Friday as Goldman Sachs and other brokerages raised their price targets on the world's biggest online-streaming company, citing its ability to raise fees without scaring away customers.

Wal-Mart sees 40 percent online sales growth next year, shares rise

Oct 10 2017

Wal-Mart Stores Inc on Tuesday forecast a 40 percent rise in U.S. online sales next year as it ramps up competition with Amazon.com Inc , boosting shares of world's biggest brick-and-mortar retailer to the highest in more than two years. | Video

Investors unhappy as Alphabet shells out more to drive traffic

Jul 25 2017

There are very few things that make Alphabet Inc's investors unhappy. A rising TAC - the cost of driving traffic to its site - is one of them.

World News

Iran denies its missile program is up for negotiation

Iran denied on Tuesday that it was willing to negotiate over its ballistic missile program, contradicting the chief U.S. diplomat and appearing to undercut President Donald Trump's statement that Washington had made progress on its disputes with Tehran.