HSBC pre-tax profit up 10 percent in first half of the year
HSBC posted a 10 percent increase in profit in the first half of this year compared to the same period last year.
In the first...
Facebook unveils solar-powered drone “Aquila”
Facebook has revealed its first solar-powered drone, Aquila, which it plans on using to provide internet access to remote areas.
The drone, which has a wingspan comparable to...
Microsoft investing $100 million in Uber
Microsoft agreed to invest around $100 million in Uber, according to a person close to the matter, making it apparent that the two companies are working on...
US economy rebounds, growth climbs up to 2.3%
The US economy returned to growth in the second quarter, according to what the latest Commerce Department data showed Thursday in Washington.
The American economy...
Sky plc reports 18 percent jump in yearly earnings
UK-based Sky plc reported an 18 percent jump in earnings for the year to 30 June, posting operating profits of £1.4 billion on revenues...
GSK revenue increased six percent in second quarter
London-based multinational pharmaceutical giant GlaxoSmithKline (GSK) posted a six percent increase in second-quarter revenue to £5.89 billion ($9.19 billion).
It is the first full quarter...
UK’s “big four” supermarkets all post drop in sales
All of the UK’s “big four” supermarket chains posted a drop in sales over the last 12 weeks.
Asda posted the biggest loss and lost...
UK GDP grew 0.7 percent in second quarter
The UK economy bounced back in the second quarter, driven by rebounding services activity and industrial output, according to the Office for National Statistics.
The...
UBS expected to post Q2 revenue of 1.5 billion francs
UBS is expected to announce an increase in quarterly net profit of around 25 percent (year-on-year), according to SonntagsZeitung - citing an anonymous source.
The...
New Intel Skylake processors will be much faster, leaked info reveals
Intel is unveiling its new Skylake processors this August, but leaked presentation slides of the chips have already circulated the web.
FanlessTech posted images of...