A “very serious” shortage of semiconductors globally could affect the daily operations over the coming months at the German luxury car maker Porsche, warned the company’s chief executive.   “The semiconductor topic is a very serious one because the whole industry is affected because of the...

Research company Gartner has published statistics on the global smartphone market, according to which in the fourth quarter of 2020 the American corporation Apple has climbed to the first place by the number of devices sold. For the first time since 2016, Apple managed to overtake Samsung and...

CEO of German carmaker Porsche, Oliver Blume, said that the problem with the semiconductor shortage in the automotive industry is very serious because it affects the whole industry. There is strong demand for semiconductors from consumer electronics manufacturers and car production is recovering...

The Chinese telecom equipment making giant and smartphone maker Huawei Technologies reported a small growth in its profits for the entire of 2020 which was in line with expectations of analysts and experts.   The company reported this profit even though it faced stiff sanctions from the...

After agreeing with the Australian government on some changes in the proposed new content law to be brought in the country which forces tech giants to pay for media content from local news outlets, the social media giant Facebook said on Tuesday that it will restore Australian news pages that it...

According to a new report, there could be as much as a 5 per cent rebound this year in the global dividend payments. This was good news for investors since the biggest slump in dividend payouts since the financial crisis more than a decade ago had been witnessed last year because of the novel...

French carmaker Renault has reported a financial loss of €8 billion in 2020. This is the biggest loss the company has suffered since its inception, the car giant said in a report. Working capital fell 8.9 per cent in the second half of the year amid the coronavirus pandemic, and net losses amounted...

Bill and Melinda Gates' charitable foundation has divested itself of all its shares in Alibaba and Uber and sold half its stake in Apple. Instead, it has increased its stake in the IT developer, whose shares have risen by around 500% in a year. Bill and Melinda Gates foundation, the Bill &...

There is a willingness among people to pay a little bit more for their goods if they know that the extra money will help in addressing climate change, said the chief of the biggest shipping firm of the world Maersk.   Shipping can be a big part of any product's carbon emissions - from...