A host of new features on the messaging app Snapchat attracted more users during its latest completed quarter and the growth rate was the highest since the late 2017as the company easily beat estimates of the Wall Street for the number of users and revenues.     The better than expected...

US civil aviation market leaders, American Airlines and Southwest Airlines, presented their financial reports for the second quarter of this year. For the first time since the COVID-19 pandemic they ended the quarter with a profit. A rebound in tourist traffic in the USA helped American Airlines...

On Wednesday, 21 July, an agreement was announced between the pharmaceutical company Johnson & Johnson and three of the largest US drug distributors McKesson, AmerisourceBergen and Cardinal Health on one side and several dozen US states and cities on the other. The companies agreed to pay a...

The strategy that it had successfully adopted during the Covid-19 pandemic – that if focusing on its bigger brands and focusing more on its supply chain, will be relied on by Coca Cola Co to address the impact of a possible new wave of the pandemic believed to be caused by the Delta variant of the...

A landmark $26 billion settlement has been arrived at with large drug companies and a number of states of the United States over the role of the companies in fuelling a deadly nationwide epidemic of opioid on Wednesday. However the deal still has to be supported by thousands of local governments....

Shares in a major Japanese developer posted a three-year record drop following an article that employees vaccinated against the coronavirus were allegedly at risk of punishment. The company categorically denied the publication, but this did not stop investors from fleeing. Shares in one of Japan's...

Fintech start-up Revolut is entering the travel market: it has launched a travel booking service. This is the company's first product outside the financial sector. British fintech company Revolut has launched an in-app travel accommodation booking service called Stays, CNBC wrote. Revolut itself...

The sale of Wales, United Kingdom based chip wafer making factory,  Newport Wafer Fab to a Chinese company has raised questions after reports surfaced that the British chip maker currently had more than a dozen research contracts with the British government.   According to reports...

Fintech start-up Robinhood, which has developed a popular app for retail investors, is set to sell about 55 million shares in its IPO, with a price range of $38-42 apiece. This is according to the company's filings with the US Securities and Exchange Commission on Monday. By doing so, the startup...