Meta sued in Japan over celebrity investment scams
April 25, 2024 | 17:45
Four scam victims in Japan sued Facebook on Thursday after being hoodwinked by fraudulent online investment ads that used images of celebrities without their consent, their lawyer said.
AstraZeneca profit up on strong sales of cancer drugs
April 25, 2024 | 17:37
British pharmaceutical giant AstraZeneca on Thursday said net profit jumped 21 percent in the first three months of the year thanks to strong growth in sales of cancer drugs.
Samsung returns to top of the smartphone market: industry tracker
April 16, 2024 | 18:00
Samsung regained its position as the top smartphone seller, wresting back the lead from Apple as Chinese rivals close the gap on both market leaders, industry tracker International Data Corporation (IDC) reported Monday.
Boeing says testing of 787 proves aircraft is safe
April 16, 2024 | 16:00
Boeing defended its safety practices Monday, touting aircraft testing protocols as it girds for a tough congressional hearing featuring critics of the embattled aviation giant.
PwC rejects allegations on Evergrande audit
April 16, 2024 | 14:39
Accounting firm PwC on Monday rejected an anonymous letter that criticised the company's involvement in auditing beleaguered Chinese real estate giant Evergrande, saying the letter contained "false allegations".
Apple announces Vietnam spending boost as CEO visits Hanoi
April 15, 2024 | 15:59
Tech giant Apple said Monday it would increase spending on suppliers in Vietnam, a key production hub, as CEO Tim Cook arrived in the country for a two-day visit.
Volkswagen to invest additional 2.5 bn euros in China
April 12, 2024 | 15:10
German carmaking giant Volkswagen Group said Thursday it would invest 2.5 billion euros ($2.7 billion) to expand its operations in China as it tries to prevent a sales slide in its most important market.
Fujifilm ups US biotech plant investment by $1.2 bn
April 12, 2024 | 14:57
Fujifilm said Friday it would increase its investment in a planned biotech plant in North Carolina by $1.2 billion at a time when Japan-US trade ties are in the spotlight.
Patek Philippe chief not worried for top-end Swiss watches
April 12, 2024 | 14:43
Patek Philippe's chief says he is not anxious about the prospects for top-end timepieces, despite Swiss watch exports slowing overall after three years of spectacular growth.
Asian stocks struggle to track Wall St higher, earnings in focus
April 12, 2024 | 14:32
Asian markets mostly fell Friday as traders struggled to build on Wall Street's positive lead, with hopes for a June interest rate cut fading, while earnings season gets underway in the United States amid optimism for companies' profit outlooks.
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