Companies

The cost of high-end gaming is reaching new heights as Sony announces a $100 increase for the PlayStation 5. Effective April 2, the standard console will be priced at $649.99, …

The ongoing crisis in the Strait of Hormuz has entered its fourth week, prompting Shell to evaluate the future of global shipping. CEO Wael Sawan has warned that the window …

Chinese car companies are aggressively expanding their international footprints as the home market nears its saturation point. The strategy has shifted from simply exporting vehicles to building complex, localized ecosystems …

Intelligent driving is no longer just a luxury feature in China; it is becoming a core component of the modern vehicle. Geely’s Qianli Haohan system, with its 110 million kilometers …

Honda Motor Co. has warned investors it could post its first annual loss since becoming a publicly traded company nearly seven decades ago. The automaker said it expects to record …

Amancio Ortega is set to receive a historic €3.23bn dividend this year, the highest ever paid out by Inditex. This record-breaking sum is the result of a 4% dividend increase …

The John Lewis Partnership has announced the return of its annual staff bonus, ending a four-year hiatus for the 69,000-member workforce. The 2% payout follows a year where underlying profits …

The Nasdaq is reportedly developing a “Fast Entry” mechanism to attract the much-anticipated SpaceX initial public offering. SpaceX is seeking a valuation of $1.75 trillion, which would rank it as …

Amazon reported weaker-than-expected cloud revenue and operating income forecasts for the first quarter, raising concerns about the performance of its cloud unit, Amazon Web Services (AWS). AWS revenue rose 16.9% …

Apple Inc. has reported stronger-than-expected results for its fiscal second quarter, posting $95.36 billion in revenue and earnings of $1.65 per share, surpassing analyst expectations. iPhone sales were particularly robust …