Amazon Faces $1 Bn Lawsuit in Britain for Favouring Its Own Products
Amazon.com Inc (NASDAQ:AMZN) is facing a lawsuit in Britain for damages of up to USD 1 billion (900 million pounds ) over allegedly abusing its...
Author : Aniruddh Shrivastava
Spirit Airlines Shareholders Vote in Favour of $3.8 Bn JetBlue Merger
On Wednesday, shareholders of US carrier Spirit Airlines (NYSE:SAVE) Inc voted in favour of JetBlue Airways (NASDAQ:JBLU) Corp’s USD 3.8 billion takeover offer, moving the...
Insurer Travelers Profit Falls on Hurricane Costs, Lower Investment Returns
On Wednesday, Travelers Companies Inc, the property and casualty insurer, reported a 20 per cent decline in quarterly profit, hurt by hurricane-related claims and lower...
StatCan Data Shows Canada’s Annual Inflation Rate Eases Slightly to 6.9%
In September, Canada’s annual inflation rate inched down to 6.9 per cent, as lower prices at the gas pump offset another 41-year high in food...
Nasdaq Profit Surges 15% as Demand for Investment Products Grows
On Wednesday, Nasdaq Inc posted a 15 per cent jump in Q3 adjusted profit, mainly driven by robust demand for the exchange operator’s investment products...
Procter & Gamble (P&G) Beats Sales Estimates on Price Hikes
On Wednesday, Procter & Gamble Co beat quarterly sales and profit estimates, supported by price hikes on everything from Tide detergent to Head & Shoulders...
Just Eat Takeaway Reports Positive Q3 Profit, Sending Shares Higher
On Wednesday, Amsterdam-listed shares in Just Eat Takeaway (AS: TKWY) surged in mid-morning European trading. This happened after the food delivery company announced its reported...
Amazon Launches Home Insurance Product in UK
E-commerce giant Amazon Inc is launching a home insurance portal in Britain and has inked up three big-name insurers as it pushes further into financial...
J&J Looks at Job Cuts Despite Better Q3 Earnings
On Tuesday, Johnson & Johnson posted better-than-expected Q3 earnings on strong demand for its cancer drug Darzalex. However, the company said it may still cut...
BYD Releases Q3 Estimated Results Showing Record Sales
On Tuesday, shares of BYD Co (OTC:BYDDY) climbed as much as 7.25 per cent after the Warren Buffet-backed Chinese automaker announced its estimated 3Q numbers...