Rental housing service Airbnb expects the number of bookings on the site to decline in the third quarter compared to the same period in 2019. The company's stock fell 4…

Adidas has signed an agreement with the American company Authentic Brands Group (ABG) to sell its Reebok brand.

Lobbyists defending cryptocurrency have been rebuffed on a proposal to fix general tax rules in the U.S. Senate. Politicians argue that the industry needs more money for future legislative battles…

A global shortage of semiconductors caused by the coronavirus pandemic resulted in a crisis in the global automotive market as companies struggle to buy key parts for their products. The…

Amazon will pay $10 each to customers who link their palm prints to their accounts. This will allow the company to better target ads and tailor offers. Experts fear that…

US oil and gas giant ConocoPhillips posted a net profit of $3.073 billion for the first half of 2021, compared with a loss of $1.479 billion a year earlier, the…

Heineken N.V. reported revenues of €11.97 billion in the first six months of the year, up 7.3 percent year-on-year.

Three major music labels - Universal Music, Sony and Warner - have turned down an offer from streaming service Spotify to participate in the Discovery Mode marketing programme, the Financial…

Altria Group is forced to postpone its conquest of the US market. The company announced that it is suspending further distribution of its IQOS tobacco heating system due to a…

Since the beginning of this year, 785 homes priced over $10m have been sold in the world's biggest metropolitan areas, double the figure from a year ago. Under the threat…

Mastercard has launched a programme to support cryptocurrency and blockchain start-ups. Seven projects have already joined and will have access to "collaboration opportunities, knowledge and tools for growth".

China's antitrust watchdog has ordered IT holding company Tencent to give up its exclusive agreements with music rights holders. It fined the company more than $77,000 for violations in its…

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…

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…

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…

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.

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.

Goldman Sachs CEO David Solomon said China's recent moves to increase oversight of its technology industry will delay the US listing of many Chinese companies.

Cryptocurrency trading volumes on major exchanges, including Coinbase, Kraken, Binance and Bitstamp, fell by over 40% in June, CryptoCompare reported in a review. The company, which supplies data on the…

The Suez Canal earned a record $5.84 billion last fiscal year, Admiral Osama Rabie, head of the waterway's administration, said on Sunday.

In the second quarter of this year there were 136 new unicorn startups - more than in the whole of last year. More than half of the capital they raised…

China has vowed to step up oversight of companies that list their securities in other countries. Earlier, the Chinese regulator demanded the removal of Didi, a service that had recently…