SAN FRANCISCO: LinkedIn shares plunged as much as 28 percent in after-hours trading Thursday after the company reported better-than-expected results for the fourth quarter but provided a weak forecast
LONDON: British energy group BG Group has announced a return to net profit ahead of its takeover by Shell as exceptional 2014 losses were not repeated last year.
TOYOTA: Toyota said nine-month net profit jumped nearly 10 percent to 1.9 trillion yen ($16 billion), despite falling sales in most regions, with the world’s top automaker focused on squeezing more pr
PARIS: ArcelorMittal said it would ask shareholders for fresh funds, sell assets and slash costs after falling commodity prices pummelled its performance last year, leaving a gaping hole in its accoun
FRANKFURT: Embattled German auto giant Volkswagen said it would postpone publishing its 2015 annual results, as well as its shareholder meeting due to an ongoing probe into a global emissions-cheating
DUBAI: Middle Eastern business trends, innovation and entrepreneurship were the topics discussed by two of the region’s most savvy business leaders, in a Twitter discussion hosted by Young Presidents’
JAKARTA: There is Samsung of South Korea, Sony of Japan, BMW of Germany and IKEA of Indonesia. Wait! IKEA of Indonesia? Yes, at least in Indonesia, if not worldwide.
OUARZAZATE, Morocco: King Mohammed VI has inaugurated Morocco’s first solar power plant, a massive project that the country sees as part of its goal of boosting its clean energy output.
JAKARTA: Indonesia’s economy grew at its slowest pace for six years in 2015, data showed, as it was hit by plunging commodity prices and falling exports to key markets including China.
LONDON: Gold edged up to a three-month high on Thursday, a day after its best day in two weeks, buoyed by expectations that global economic and financial headwinds could make it tough for the US Feder
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