Markets

SAN FRANCISCO: Twitter posted a better-than-expected second-quarter revenue on Friday (Jul 26) and an uptick in daily users who see advertisements on the site, driven by changes to show users more relevant content. However, the company forecast third-quarter revenue below many Wall Street ...

Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise control.

KAMPALA: African telecom firm Africell plans to spend part of a US$100 million U.S. credit line on expanding its infrastructure and fintech services, its chief executive said on Friday. The 18-year-old company, which has 15 million subscribers across its four African operations, secured the loan ...

SINGAPORE: The Consumers Association of Singapore (CASE) on Friday (Jul 26) warned consumers about companies in the beauty industry that use aggressive "pressure sales tactics" on customers. CASE said it continued to receive complaints about five businesses - Ecoin, Joyre, Nail Palace, Salon One ...

KUALA LUMPUR: Malaysian casino operator Genting, Walt Disney Co and 21st Century Fox have settled a legal battle that centred on allegations the US companies abandoned a project to build a theme park. The Malaysian firm filed a US$1 billion lawsuit in a US court in November, alleging that Disney ......

Chinese authorities investigating FedEx Corp suspect the U.S. delivery company illegally withheld more than 100 packages of Huawei Technologies and that it also violated other laws, state news agency Xinhua reported on Friday.

The semiconductor division of Chinese tech giant Alibaba Group Holding Ltd released its first core processor IP on Thursday, as the e-commerce giant continues its steady push into advanced technologies.

Australia will publish on Friday recommendations to limit the power of Facebook Inc and Google , potentially setting a precedent for global lawmakers grappling with the U.S. technology giants' dominance of online news and advertising.

WhatsApp will roll out its payments service in India this year following a year-long pilot, its global chief Will Cathcart has said, as the Facebook-owned messaging giant taps an upsurge in digital payments in its dominant market.

PARIS: Renault warned revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal. Net income slumped by more than half to 970 million euros (US$1.08...