Intel revenue forecast up
With the PC market shrinking who would have expected an optimistic Intel revenue forecast? The semiconductor chipmaker has announced accelerating demand and a pickup...
HSBC H1 profit fell 12 percent
HSBC H1 profit fell 12% to $12.34 billion compared to $14.071 billion in H1 2013. During the first six months of this year the...
Home Depot Q2 sales improve
Home Depot Q2 sales increased to $23.8 billion, a 5.7% gain on fiscal Q2 2013. The world’s largest home improvement retailer posted net earnings...
Goldman Sachs gender bias lawsuit
A Goldman Sachs gender bias lawsuit may be extended to cover more than a decade of alleged discrimination. Two former employees say the investment...
Google Ventures European fund unveiled
A Google Ventures European fund aimed at technology start-ups has been unveiled by the search engine giant. The $100 fund aims to invest in...
GlaxoSmithKline Q2 profits decline 23 percent
Falling sales in China and the US, as well as a strong pound contributed to a GlaxoSmithKline Q2 profits decline of 23% to £986 million...
GlaxoSmithKline confirms receiving sex tapes
The UK’s largest pharmaceutical company GlaxoSmithKline confirms receiving sex tapes of its former head in China, Mark Reilly, and his Chinese girlfriend at his...
GSK 105 million dollar settlement for misrepresenting drugs
A GSK 105 million dollar settlement has been agreed with 44 US states and the District of Columbia for misrepresentations of its asthma drug...
General Mills revenue dropped in Q4 2014
Multinational food processing company General Mills revenue dropped in Q4 2014 to $4.28 billion compared to $4.41 billion in Q4 2013. Thanks to a...
GM Q2 profits down 80 percent
Costs related to millions of vehicle recalls have driven GM Q2 profits down by 80% to $200 million compared to $1.2 billion in the...