Apple plans to decrease the number of new hires to get ready for a potential downturn in the economy. In 2023, Apple plans to slow down the pace of hiring new employees and spend less on pay, according to Bloomberg, which cited sources. The company made this decision in order to be more cautious...

Shopify Inc established a collaboration with Alphabet Inc's YouTube on Tuesday to allow merchants to sell through the video platform, as the Canadian firm seeks to capitalise on the growing number of content creators who are starting their own e-commerce storefronts.   The collaboration,...

France's government has offered to spend 9.7 billion euros ($9.85 billion) to buy out EDF, giving it complete control of Europe's largest nuclear power operator as it deals with a continent-wide energy crisis.   In a statement issued on Tuesday, the finance ministry stated that the...

After it resumes delivery, Stan Deal, general manager of Boeing's commercial aviation division, told Reuters on Sunday that the company anticipates an increase in new bookings for the 787 Dreamliner. Deal stated that Boeing is "extremely near" to beginning the 787 series model deliveries that have...

Two of the top banks in the United States—investment bank Goldman Sachs (GS) and Bank of America (BofA)—reported their second-quarter results. GS's investment banking income fell 41% from the same quarter last year to $2.1 billion due to heightened market volatility, but the same increased...

Amazon, looking for a competitive advantage in the face of rising living costs, announced on Monday that it will match Tesco's prices on hundreds of products.   Amazon Fresh's new scheme, which delivers groceries to Amazon Prime subscribers, will match Tesco Clubcard rates on daily items...

On Monday, Bank of America Corp reported a nearly 34 per cent reduction in second-quarter earnings, owing to a drop in investment banking revenue as dealmaking activity was a fraction of last year's record levels.   Wall Street investment bankers were neck-deep in acquisitions last...

In the second quarter, U.S. corporations that comprise the S&P 500 Index paid a record $140.6 billion in dividends, according to data from S&P Dow Jones Indices cited by The Wall Street Journal. The previous record was $123.4 billion in the second quarter of 2021, which broke the previous record of...

According to Reuters, citing the Crown Prosecution Service of Great Britain, Bernie Ecclestone, the former president of Formula One, is accused of defrauding foreign entities of more than £400 million. The 91-year-old businessman was charged following an investigation by Her Majesty's Revenue and...