Qualcomm to acquire Israeli auto-chip maker Autotalks
(Reuters) – Chip designer Qualcomm (NASDAQ:QCOM) Inc said on Monday it would buy Israel’s Autotalks Ltd that makes chips used…
Siemens, SAP say EU draft Data Act puts trade secrets at risk
(Reuters) – German business software maker SAP and German engineering company Siemens have joined U.S. tech giants in criticising draft…
Monster Beverage earnings boosted by price hikes
Monster Beverage (NASDAQ:MNST) reported better-than-expected earnings and revenue in the first quarter, with price increases positively impacting its results. The energy…
Cigna’s health insurance strength drives profit forecast raise
(Reuters) – Cigna Group on Friday raised its annual profit forecast after lower medical costs at the company’s health insurance…
DXY: Dollar Index Set to Close Another Week in the Red as Rate Hikes Weigh on Sentiment
The American currency has been increasingly pressured on multiple fronts, both from the inside and out. The dollar index, DXY, is…
AAPL: iPhone Sales Top Estimates with $51.3bn Revenue, Apple Stock Jumps 2%
Apple’s first-quarter revenue came in above estimates but lagged behind the year-ago quarter. Apple reported better-than-expected earnings figures on Thursday, after…
Air France-KLM posts bigger-than-expected Q1 loss, shares dip
Shares in Air France KLM SA (EPA:AIRF) slipped in midday European trading on Friday, after the carrier reported a larger-than-anticipated…
Used-car retailer Carvana’s shares soar on upbeat second-quarter forecast
(Reuters) – Shares of Carvana Co (NYSE:CVNA) rose 33% before the bell on Friday after the online used-car retailer forecast a surprise…
IHG CEO Barr to step down as Holiday Inn owner sees China rebound
(Reuters) – IHG Plc on Friday said top boss Keith Barr would step down from his role next month, as…
European airlines see strong summer bookings, hope to avert chaos
(Reuters) – British Airways-owner IAG (LON:ICAG) and Air France-KLM reported bumper summer bookings as travellers pressed ahead with holiday plans…