The Commercial Aircraft Corporation of China (COMAC) and American aircraft manufacturer Boeing inked a contract to deepen their collaboration in a shared research facility. The signing happened concurrently with the international air show known as Airshow China. The agreement's goal is to assist...

In the first three quarters of 2022, the steel giant ArcelorMittal's net income attributable to shareholders of its parent company decreased 17% year over year to $9.041 billion, the firm reported. The earnings per share decreased from $9.52 a year ago to $9.76 now, while revenue rose up 13% to...

Today, Honda Motor Co. stated that its Q2 operating profit increased by 16%, falling short of analysts' projections. Higher pricing and a weaker yen aided growth; however a lack of semiconductors had an impact on output. In contrast to the average projection of 243.3 billion yen made by the ten...

According to its interim financial statement, Germany's Henkel AG, one of the top producers of industrial and home chemicals, recorded a 12.5% growth in revenues to €16.889 billion in the first three quarters of the year. The company also announced organic revenue growth of 9.7% in the first three...

According to data gathered by Reuters, the French energy giant TotalEnergies has surpassed rivals Shell and BP in the race to establish a renewables business.   Even so, investors are still being cautious for the time being, as evidenced by the fact that shares of the three European...

Berkshire Hathaway, owned by billionaire Warren Buffett, revealed losses of $2.69 billion, which they attributed to issues with their supply chain and other uncontrollable circumstances including the COVID-19 epidemic and the Ukraine war. According to Reuters' report on the financial statements for...

As advertisers withdrew their support due to worries about content moderation, Twitter Inc. cut half of its workforce on Friday, but claimed that the team in charge of halting the spread of misinformation suffered fewer cuts.   The social media company's employees claimed in tweets that some...

Elon Musk pledged to protect Twitter from becoming a "free-for-all hellscape" to advertisers. Advertisers have started asking for information on how he intends to uphold the commitment this week.   One significant advertising agency's media buyer, who asked to remain anonymous for fear of...

According to the business's financial documents, the net profit of the Danish corporation A.P. Moller-Maersk A/S (Maersk) for the first three quarters of the year totaled 24.34 billion dollars, which was twice as much as a year earlier. The company's sales over the same period also increased by...