With each passing quarter, Amazon, Microsoft and Google have been setting new records, while cloud computing has become the invisible backbone supporting much of our daily lives. Its potential to become an even bigger part of people’s daily existence is sky-high.
The US government’s decision to raise tariffs on European-built aircraft will hit US airlines already facing a shortage of aircraft and complicate efforts to reach a negotiated settlement with the European Union, Airbus said.
A Los Angeles jury on Wednesday ordered Apple and Broadcom to pay $1.1 billion to a California university for infringing wifi technology patents in what is thought to be one of the largest patent verdicts ever.
A glimmer of hope for recovery in global growth this year after the US and China reached a temporary truce in their trade war seems likely to be derailed as the deadly coronavirus quickly spread to 19 countries and now threatens to escalate further.
Tesla Inc became the first $100 billion publicly listed US carmaker in extended trading on Tuesday, in a sign of Wall Street’s confidence in an all-electric future.
US President Donald Trump told the World Economic Forum in Davos that the “American dream is back, bigger, better and stronger than before” in an address that celebrated his economic record after three years in the White House.
Some 3,000 leaders from the worlds of business, public policy, culture and technology are due to arrive in the Alpine town of Davos for the annual meeting of the World Economic Forum (WEF), which begins on Tuesday.
Confidence may be returning to Dubai property despite a bloated market for off-plan homes, according to a report from Chestertons, the real estate broker.
China’s economy weakened to its slowest pace in three decades in 2019 as weaker domestic demand and trade tensions with the United States took their toll, official data showed Friday.
JPMorgan is the first major brokerage to initiate coverage of Saudi Aramco with an “overweight,” setting a price target of SR37 ($9.86) per share and saying it sees scope for an increase in the energy giant’s proposed $75 billion base dividend.