Target Corp. announced that its quarterly profit was halved and warned of a larger margin impact due to rising petrol and freight costs, pushing the company shares tumbling to 26% indicating that U.
Category - Business News
ManTech International Corporation, which provides technology services such as cyber security and intelligence to the U.S. government, is reportedly being acquired by private equity firm the Carlye Group for about USD 4
German multinational conglomerate Siemens AG became the latest company to announce financial losses due to its decision to leave Russia after it invaded Ukraine earlier in February. Confirming the news Siemens CEO Rola
Toyota Motor Corporation has notified that the skyrocketing raw material prices could slash nearly one-fifth of its annual profits, indicating that the global supply chain crisis has finally caught up with the world
Leading South Korean mobile carrier, SK Telecom, has reportedly inked a strategic alliance with leading German telecom firm, Deutsche Telekom, in a move geared towards bringing its metaverse platform to the European ma
Lotte Group, the South Korean retail company, has reportedly registered the trademark of 'Lotte Biologics' with the Korean Intellectual Property Office (KIPO), indicating the company's formal entry into the
Amazon, the renowned American multinational tech and retail giant, has reportedly announced that it plans to export more than $20 billion worth of locally manufactured Indian goods by 2025, more than doubling its previ
According to reliable sources, industrialist Mukesh Ambani is planning to take two of his prized assets – Reliance Retail and Jio Platforms, public in December this year. The two companies are expected to raise a
Mastercard Inc. has reported generating a better-than-expected profit, sending its shares up 3% for the first quarter. These shares were higher compared to last year in January and March.