Business - Page 83

Apple Inc has agreed to a $490 million settlement to resolve a class-action lawsuit accusing CEO Tim Cook of misleading shareholders by not disclosing a decline in iPhone demand in China. This

Parkin, the entity responsible for overseeing public parking operations across the Emirates, has successfully completed its initial public offering (IPO), securing 1.57 billion dirhams ($427.5 million) after setting the share price at

A year after UBS’s takeover of Credit Suisse, the Organisation for Economic Cooperation and Development (OECD) has voiced concerns about the potential “new risks and challenges” this merger poses for the Swiss

On Wednesday, JPMorgan Chase & Co. (JPM.N) announced the addition of Jon Maier to its asset management division as the leader of a new initiative focusing on global research for exchange-traded funds

On Tuesday, White House officials convened with executives from the healthcare sector, including UnitedHealth Group CEO Andrew Witty, to address the repercussions of a significant cyberattack on UnitedHealth’s technological division. This attack

Despite a temporary setback from its position among the top 10 cryptocurrencies, Shiba Inu (SHIB) shows signs of a promising rebound. Recently, SHIB experienced a notable surge in its price, thanks to

Porsche (P911_p.DE), a revered name in the luxury automobile industry, has made a decisive stand against participating in the competitive discounting often seen in China’s currently struggling market. This strategic choice underlines

British American Tobacco (BAT) announced a significant move on Tuesday that positively impacted its stock prices. The company revealed plans to initiate a share buyback program valued at 700 million pounds ($895

BofA Global Research has revised its earnings outlook for the S&P 500, signaling optimism for the index’s performance. On Tuesday, the firm announced an increase in its 2024 earnings per share (EPS)