Indian Reliance Industries Ltd bypassed American ExxonMobil Corp. and ranked second in the list of the largest energy companies in the world by market capitalization. Saudi Aramco remained in first place. On Friday in Mumbai, shares of the company, controlled by Asia's richest man Mukesh Ambani,...

An additional grant of $472 million was given to the United States based drug maker Moderna Inc by the US government’s Biomedical Advanced Research and Development Authority (BARDA) to help the pharma company to further its development process for its vaccine against the novel coronavirus caused...

In the first quarter of the 2020-2021 fiscal year ended June 30, the Japanese carmaker Mitsubishi Motors received a net loss attributable to the company's shareholders in the amount of 176.16 billion yen ($1.65 billion) against a profit of 9.312 billion yen ($87,6 million) a year earlier, the...

The ruling was a happy news for Apple Inc, as it had expressed concerned not about paying the tax altogether but about where the tax was needed to pay. Last week, Apple witnessed a “major win” when the second highest court of Europe dismissed an EU payment order to former of “13 billion euros” for...

US aerospace corporation SpaceX, owned by billionaire Elon Musk, is in talks to raise funds by selling its shares worth about $ 1 billion, Bloomberg reported, citing sources familiar with the matter. "SpaceX is in talks with investors to raise about $ 1 billion at a price of $ 270 per share," the...

Net profit of the American company Intel, one of the world's largest manufacturers of computer components, in the first half of this year grew by 32% in annual terms and amounted to $ 10.766 billion, the company said in a press release. Diluted earnings per share in the reporting period were $ 2.5...

The highest ever annual growth of daily users who can view ads was reported by Twitter Inc beating estimates of analysts of usage. This news sent the shares of the company up by 6% in pre market trading in the United States on Thursday.   But despite the historic growth in usage, Twitter...

Gett, an online taxi service, has raised $ 100 million from new and existing investors and will go towards developing an international SaaS platform for corporate clients, the company said. “The coronavirus pandemic has dramatically changed the way people move around the city. Companies today are...

Chevron Corp, one of the largest US oil companies, has reached an agreement to acquire rival Noble Energy Inc. for $ 5 billion, according to a joint press release between the companies. This will mark the largest oil industry deal since the start of the coronavirus pandemic, The Wall Street Journal...