Kenya’s Safaricom Reports 2.1% Rise in First-Half Profit
Safaricom Plc, Kenya’s biggest company by market value, reported higher profit in the first half even as a
2023-11-09 13:19
Bill Holdings Nears $1.95 Billion Payments Deal for Melio
Bill Holdings Inc. is in advanced talks to acquire Melio Payments, a provider of digital payment tools, people
2023-11-09 07:00
Arm Slides After Giving Tepid Forecast in Inaugural Report
Arm Holdings Plc, delivering the first earnings report since its initial public offering, gave a disappointing sales forecast
2023-11-09 05:56
PayPal Rival Adyen Tempers Growth Targets to Regain Confidence
Adyen NV provided a more moderate set of growth targets for the next three years as the Dutch
2023-11-09 02:56
Optus Outage Leaves Millions in Australia Without Phone, Internet
A nationwide outage struck Australia’s second-largest telecommunications company Optus on Wednesday, wreaking havoc at peak hour as millions
2023-11-08 06:47
EBay Projects Holiday Revenue That Falls Short of Estimates
EBay Inc. issued a bleak revenue outlook for the busy holiday quarter, suggesting the company continues to struggle
2023-11-08 05:49
Fed’s Barr Sees Stability Risk in Private Crypto Stablecoins
The Federal Reserve’s top bank watchdog said crypto stablecoins could amount to private money that might be destabilizing
2023-11-08 04:57
WeWork Joins a Long List of High-Profile SPACs That Have Failed
The list of companies to go public through a blank-check merger only to go bankrupt shortly thereafter has
2023-11-08 01:51
Apple Shrunk the iPhone’s Carbon Footprint. There’s a Way to Shrink It Even Further
Apple has announced a dizzying array of products this year, though none more central to its business than
2023-11-07 20:21
WeWork Saga Cost Masayoshi Son $11.5 Billion and His Credibility
WeWork Inc.’s bankruptcy filing caps a years-long saga that revealed breathtaking flaws in the investment style of Japanese
2023-11-07 20:16
WeWork Goes Bankrupt, Signs Pact With Creditors to Cut Debt
WeWork Inc., once the biggest office tenant in Manhattan, has filed for bankruptcy listing nearly $19 billion of
2023-11-07 19:48
AMD’s AI Optimism Helps Investors Look Past Tepid Forecast
Advanced Micro Devices Inc. said a new AI chip will generate $2 billion in sales next year, fueling
2023-11-01 07:57