Markets

Uber IPO under Pressure as Lyft Shares Slump

The Uber initial public offering is the biggest payday in Wall Street history, with the…

Asian Shares Go Up As U.S. GDP Strengthens

On Monday, global shares rose as a result of data showing an increase in profits…

Oil Prices Soar, Asian Stocks See A Rise, Except For China

Most of the Asian stocks except that of China rose on Tuesday after the markets…

Falling Chip Prices and Disappointing Smartphone Sales Threaten Samsung’s First Quarter Earnings

The past few years have been painful for Samsung Electronics due to a variety of…

Kroger’s Stocks Fall as it Falls Short of Fourth Quarter Estimates

Kroger’s stocks took a nosedive as they reported that the company has fallen short of…

GE Set To Sell Its Biopharma To Danaher

GE announced on Monday that it is selling its business to Danaher Corp for $21.4…

Germany Will Be Soon Out of Recession: Finance Minister

Finance Minister Olaf Scholz has said that he thinks that Germany will soon be able…

Rising Profits Fuel Glencore’s $3 Billion Share Buyback

Commodity trading and mining giant Glencore shrugged off the drop in cobalt prices to record…

Total Bookings Hit $50 Billion but Profit Not in Sight for Uber

Uber Technologies Inc has revealed that the company clocked $50 billion in bookings from its…

Qatar Sets Target to Create $20 Billion Sports Sector in Country Before 2022 FIFA World Cup

Qatar has announced its plans to grow the sports sector to a $20 billion industry…