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Although Japanese multinational corporation Hitachi was at a loss of 50.5 billion yen in the quarter ended September 30 last year, this year, the company has reported a net profit… Read more »

According to the country’s Statistics Office, German retail sales fell by 2.3% last month, falling behind analysts’ forecast of 0.4% increase. This has been the biggest monthly drop in German… Read more »

Driven by higher Windows and Office software sales, world’s largest software company, Microsoft has reported a 51% increase in its first quarter net profit that reached $5.4 billion or 62… Read more »

Oil giant, Royal Dutch Shell has reported 18% rise to $3.52 billion in its third quarter profits based on Current Cost of Supply (CCS). It has exceeded analysts’ estimate of… Read more »

United States and the European Union have raised concerns over the imminent shortage of rare earth metals in the near future as China, the major supplier of such materials has… Read more »

Aiming to strengthen its position as a major financial hub, Singapore Exchange (SGX) has offered $8.2 billion bid (48 Australian dollars per share) for the takeover of Australia’s ASX. Both… Read more »

Italy’s Fiat Group has revealed that it has achieved a seven-fold increase in its profit in the third quarter with its net profit reaching 190 million euros or $266 million…. Read more »

Global hotel, coffee shop and restaurant company Whitbread has reported almost 28% rise in its pretax profits in the last six months. The hotel and restaurant chain exceeded analysts’ expectations… Read more »

World’s biggest coal miner, Coal India launched the country’s largest-yet share sale today and according to stock exchange data, nearly 32% of the offering got covered by early afternoon. The… Read more »

Internet giant Google has announced that its latest quarter results for July through September show that the company has managed to earn a net profit of $2.17 billion or $6.72… Read more »