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Business

Airbus and Boeing face order challenges

Even as Airbus caught up with Boeing for orders for the first half of this year, combined orders for the world's two dominant planemakers fell 17 percent from the same period last year.

Even as Airbus caught up with Boeing for orders for the first half of this year, combined orders for the world's two dominant planemakers fell 17 percent from the same period last year.

Business

It's a Poke-nomenon

In this edition of Business Line we will tell you all you need to know about the phenomenon that is Pokemon GO.

In this edition of Business Line we will tell you all you need to know about the phenomenon that is Pokemon GO.

Business

No Pokemon profit boost for Nintendo - yet

Despite the popularity of Pokemon GO Nintendo has announced an operating loss for the period from April to June.

Despite the popularity of Pokemon GO Nintendo has announced an operating loss for the period from April to June.

Business

Unilever and Roche results better than expected

Consumer goods giant Unilever has reported better then expected Q2 sales. Swiss drugmaker Roche also beat market expectations.

Consumer goods giant Unilever has reported better then expected Q2 sales. Swiss drugmaker Roche also beat market expectations.

Business

Facebook faces tax probe over transfer of assets to Ireland

The US tax authorities say Facebook may have unfairly cut its tax bill by understating by "billions of dollars" the value of intellectual property it transferred to Ireland in 2010.

The US tax authorities say Facebook may have unfairly cut its tax bill by understating by "billions of dollars" the value of intellectual property it transferred to Ireland in 2010.

Business

UK finance minister wants post Brexit business tax cut

Finance minister George Osborne plans to cut UK business tax to less than 15 percent to try to cushion the effects of Brexit.

Finance minister George Osborne plans to cut UK business tax to less than 15 percent to try to cushion the effects of Brexit.

Business

Rosneft's quarterly net profit falls 75 percent

Rosneft's quarterly net profit fell by 75 percent as crude oil prices declined, but Russia's top oil producer also blamed heavy investment in the period.

Rosneft's quarterly net profit fell by 75 percent as crude oil prices declined, but Russia's top oil producer also blamed heavy investment in the period.

Business

Sharp's losses widen, underscoring Foxconn's turnaround challenge

Japanese electronics maker Sharp has reported a huge net loss for the second year running, underscoring how difficult it will be for new owner Foxconn to turn the firm around.

Japanese electronics maker Sharp has reported a huge net loss for the second year running, underscoring how difficult it will be for new owner Foxconn to turn the firm around.

Business

BP considers more spending cuts after 80 percent profit drop

BP has said it could reduce its capital spending further after reporting an 80 percent drop in profits in the first three months of the year.

BP has said it could reduce its capital spending further after reporting an 80 percent drop in profits in the first three months of the year.