Olympus Corp announced on Monday that it has fired Chief Executive Stefan Kaufmann following allegations of illegal drug purchases. The news caused Olympus shares to drop…
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In the third quarter, Netflix added 5.1 million streaming members, more than one million more than Wall Street had predicted. The company also stated that it…
In an attempt to upend a market where the top two incumbents control almost 90% of the value, cryptocurrency company Ripple introduced a stablecoin tied to…
In a letter obtained by Reuters, Indian billionaire Mukesh Ambani’s Reliance escalates its dispute with Elon Musk’s Starlink. The company claims the telecom regulator wrongly decided…
Samsung Electronics apologized for the poor performance and cautioned that its third-quarter profit would fall short of market estimates. The tech giant is trailing its competitors…
Activist investor Starboard Value has invested roughly $1 billion in Pfizer. The firm wants the American pharmaceutical company to make changes to improve its performance, according…
Days after the company’s engineers went on strike for a better pay contract, the Australian pilots union announced on Tuesday that it has rejected a wage…
A day after disclosing a second consecutive multibillion-dollar annual loss from a write-down in the value of its venues, Star Entertainment, Australia’s second-largest casino operator, saw…
China’s Leapmotor and its partner Stellantis announced on Tuesday that they will begin accepting orders for an SUV and a city car in the European market.…
Mercedes-Benz lowered its full-year profit margin target for the second time in less than two months. The company joins an increasing number of competitors blaming declining…