Royal Dutch Shell's profit in the second quarter fell to a minimum of two and a half years due to lower gas prices and refining margins, and fell short of analysts' forecasts. One of the largest energy companies in the world reported a 25% decrease in net profit due to shareholders, based on the...

Both winners and losers from the U.S.-China trade war and Donald Trump’s sanctions against Chinese technology companies have now become visible in the global smartphone market. Samsung feels best of all in this situation. Despite recent problems with the foldable smartphone, the company has...

German car maker BMW’s second quarter performance has been hit by currency fluctuations as well as the increasing costs of development and production of electric vehicles and hybrid cars with the aim of meeting up with the stricter emissions limits in Europe and well as in other markets of the...

According to calculations of the International Air Transport Association (IATA), the passenger flow amounted to 4.4 billion people in 2018, the seat occupancy rate grew to a record 81.9%. The largest increase in passenger traffic was observed in the Asia-Pacific region, which still accounts for the...

According to a forecast developed jointly by J.D. Power and LMC Automotive, there is an expected drop in the sale of new vehicles in the month of July compared to the same period a year ago. The forecast projects that there would be a 2 per cent decrease in retail sales of vehicles in July year on...

The largest European aircraft manufacturing corporation Airbus published financial results of the second quarter and the first half of the year. According to Airbus CFO Guillaume Faury, “the results of the first half of the year mainly reflect the increase in production of the A320 family of...

The Chinese firm that owns the popular app called TikTok is no more satisfied by the success of the apps. Instead the firm, ByteDance, now aims to manufacture the devices where the short popular video app can be seen – smartphones.   Following having reached a partnership with electronics...

Even after a month after the United States president Donald trump announcing the American companies would be able to do business with the Chinese telecom giant Huawei, there is little clarity about the kind of sales to the Chinese firm would be  permitted by the Trump administration.  ...

Brad Garlinghouse, Head of California-based Fintech startup Ripple, and co-founder Chris Larsen, wrote an open letter to the US Congress on the eve of relevant hearings at the Senate Banking Committee. They asked the lawmakers to decide on regulation, but at the same time not use "one-size fits...