With its business maturing, its growth will continue to slowdown, Facebook warned while reporting a disappointing increase in its expenses for the latest quarter which disappointed analysts who were expecting that the largest social media company in the world will be able to level of f the costs of...

Global demand for gold jewelry in 2019 decreased by 6% and amounted to 2.107 thousand tons, according to the Gold Demand Trends report of the World Gold Council, WGC. "The sharp rise in gold prices in the second half of the year led to a reduction in global demand for jewelry," the report states....

According to the results of 2019, the international producer of consumer goods Unilever reduced its net profit by 38.4% in annual terms to €6.026 billion, the company said. Diluted earnings per share amounted to €2.14 compared to €3.48 in the previous year. The company's sales for the year...

The revamped strategy of one of the largest fast food chains of the world McDonald’s of restructuring its stores and adding more food items to its menu to lure in more customers and gain more market share will get a boost as the company announced plans for more spending on technology and research...

Toyota Automobile Group decided to postpone the resumption of four of its factories in China after the end of the New Year's celebration on the lunar calendar in connection with the spread of the dangerous coronavirus, Kyodo reported on Wednesday. Officially, in China, the celebration of the...

While global oil markets have reacted strongly to the threat of the spread and impact of the new coronavirus on oil demand, one of the largest oil producers of the world Saudi Arabia has sought to ease the tensions.    The kingdom issued a caution against the "gloomy expectations" of a...

The rapid spread of the coronavirus in China that has killed more than 100 and spread to large parts of the country have severely affected the supply chain partners of iPhone maker Apple that, analysts say, has the potential to disrupt the China-centric manufacturing set up of the company after...

The American corporation Apple asks suppliers to increase production of iPhone smartphones in the first half of the year by about 10% to 80 million units, while suppliers fear the possible impact of the new coronavirus from China on production plans, the Nikkei Asian Review reported citing sources....

JetBlue plans to use alternative sustainable fuel for flights taking off from San Francisco and become carbon neutral for the domestic flights. In an attempt to answer the growing pressure to reduce greenhouse emission, JetBlue Airways Corp has informed that it has plans of turning carbon neutral...