astrazeneca profit up on strong sales of cancer drugs

AstraZeneca profit up on strong sales of cancer drugs

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

Samsung returns to top of the smartphone market: industry tracker

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

Boeing says testing of 787 proves aircraft is safe

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

PwC rejects allegations on Evergrande audit

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

Apple announces Vietnam spending boost as CEO visits Hanoi

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 25 bn euros in china

Volkswagen to invest additional 2.5 bn euros in China

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 12 bn

Fujifilm ups US biotech plant investment by $1.2 bn

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

Patek Philippe chief not worried for top-end Swiss watches

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

Asian stocks struggle to track Wall St higher, earnings in focus

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.
two philippine navy pilots dead after helicopter crash

Two Philippine navy pilots dead after helicopter crash

Two Philippine Navy pilots died on April 11 after a helicopter crash near a public market south of the capital Manila, the Philippine Navy announced on the same day.
uniqlo operator upgrades full year net profit forecast

Uniqlo operator upgrades full-year net profit forecast

The operator of Japan's high-street fashion giant Uniqlo on Thursday revised up its full-year net profit forecast to what would be a record performance, citing strong global sales.
microsoft to invest 29 bn in japan ai push

Microsoft to invest $2.9 bn in Japan AI push

Microsoft on Tuesday announced a $2.9 billion investment over the next two years in Japan to bolster the country's push into artificial intelligence and strengthen its cyber defences in the face of threats from China and Russia.
bitcoin world faces halving whats happening

Bitcoin world faces 'halving': what's happening?

Bitcoin miners, whose computer processors run the world's most popular virtual currency, will soon face the process of "halving" -- a quadrennial phenomenon which alters the profitability of the industry.
south korea to invest 7 billion in ai by 2027

South Korea to invest $7 billion in AI by 2027

South Korea will invest almost $7 billion in artificial intelligence by 2027 in an effort to become a global leader in cutting-edge semiconductors, President Yoon Suk Yeol said Tuesday.
nestle steps up monitoring of french mineral water

Nestle steps up monitoring of French mineral water

Nestle said Friday that it has stepped up monitoring after warnings by French regulators about the quality of its bottled mineral water brands including Perrier and Vittel.