Higher demand for its healthier non-carbonated beverages as well as low and no-sugar versions of its sodas drove Coca-Cola Co's profit, in its first quarter, as the company beat analysts' estimates under new Chief Executive James Quincey.   Like rival PepsiCo Inc, Coca-Cola has been stepping...

Japanese company Nintendo in the first fiscal quarter made a profit, thus outstripping analysts' expectations. The results were achieved thanks to active sales of the new game console Switch and continuation of the hit games Mario and Zelda, CNBC reports. The revenue of Nintendo was 154.07 billion...

Banks - primary dealers on EU government bonds - may be forced to shift some operations from London, if they want to keep this business after Brexit, Reuters reports citing three informed sources. Most of the national borrowing in Europe is managed by London investment banks. Their current...

According to the published financial results of the second quarter, net profit of Alphabet, the owner of Google, experienced the largest drop since 2008 - by 28%, to $ 3.5 billion. This drop is caused by a record fine of $ 2.7 billion, at the end of June imposed on Google by the European Commission...

Dutch shipowner Vroon is conducting difficult negotiations with banks, trying to find a way out of the long recession in the shipping industry. However, the situation is not easy for the creditors too, writes Reuters. Vroon, a 127-year-old family business that serves about 200 vessels and...

In order to jointly invest about $12 billion in the Shanghai-listed unit of China Unicom, the weakest of three big state-owned telecoms firms, Baidu Inc and JD.com will join other big Chinese technology firms, reported Reuters citing information from two people with direct knowledge of the matter....

In a move to avoid complications from U.S. sanctions, to swap its collateral in Venezuelan-owned, U.S.-based refiner Citgo for oilfield stakes and a fuel supply deal, Russia's top oil producer Rosneft is negotiating, reported Reuters quoting two sources with knowledge of the negotiations.  ...

License requests to operate in China are being prepared to be submitted within months by U.S.-based payment card companies, including American Express, MasterCard and Visa, reported news agency Reuters citing three people with direct knowledge of the matter.   However, it may not be soon...

Amazon launched its own social network named Spark. The service’s main goal is to offer an opportunity to purchase goods in the company's online store. Not only the new service will allow users to exchange interesting information, but also to make purchases. Spark is available in the Amazon for...