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Green News

What is greenwashing and why is it a problem?

Companies are using green credentials both to cover up scandals and to boost profit margins.

Japan

France takes gold at World Figure Skating Championships

Gabriella Papadakis and Guillaume Cizeron took their fourth world championship crown in ice dancing and beat their own world record.

World News

Apple sees clouds on horizon despite record results

The tech giant has posted record-breaking results, but warnings over sales sent shares tumbling.

Business

Amazon.com Inc: Q2 profit of €2.14 billion

Amazon.com Inc reported a second-quarter profit of €2.14 billion ($2.5 billion) - its largest ever. Its thanks to the retailer's younger, higher-earning businesses, including cloud computing and advertising

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World News

How worried should Facebook be after its market collapse?

Facebook's profit warning brought a record US stock market dive, but despite major challenges over privacy and fake news the social media giant remains... a giant.

Business

Alphabet shrugs off EU fine as earnings beat expectations

Alphabet's total revenue for the three months to the end of June is €27 billion ($32.66 billion). Eighty-six percent of which came from Google's advertising business

Cinema

Last weekend of "Last Jedi" hands movie 2017 top spot in US

A 50-million-dollar-plus holiday weekend ensures "The Last Jedi" overtakes "Beauty and the Beast" to take 2017's box office honours in the US.

Business Series

General Motors bails out of India and South Africa

General Motors has announced further retrenchment by stopping selling vehicles in India and selling its operations in South Africa.

Business Series

Apple avoided tax in New Zealand for more than a decade

More light is shed on Apple's labyrinthine tax affairs.

Business Series

Lufthansa profit forecast boosts shares

Lufthansa says it expects profits to fall only slightly in 2017 despite lower fares and a rising fuel bill. Analysts were predicting a sharp decline.

Business Series

Lower fares shrink Ryanair's profits

Ryanair had to cut its fares more than expected during the last three months of 2016 because of over-capacity, which pulled down profits.

Business Series

Weaker pound, pricier fuel to hit easyJet profits

British low-cost airline easyJet warns the weaker pound and pricier fuel will reduce its profits more than expected this year.

Business Series

Note 7 disaster barely dents Samsung's profit

Samsung says its fourth-quarter profit likely leapt 50 percent from a year earlier to its highest level in more than three years.

Business Series

Apple profits fall for the first time in 15 years

Apple's annual earnings have dropped for the first time in 15 years as it posted a third successive quarter of declining iPhone sales.

Markets

Profit warning hits easyJet's shares

British airline easyJet's shares slumped over five percent on Thursday after it warned of a more than 25 percent fall in profit this year.

Russia

Russian company sells children's 'Buk-bed'

A Russian company is selling a children’s bed shaped like a Buk missile launcher.

Business Series

HSBC to buy back shares amid profit slump

HSBC.,Europe's biggest bank, just reported a 29 percent drop in pretax profits for the first half of 2016 and will buy back $2.5 billion worth of shares.

Business Series

Samsung Q2 profit better than expected

Samsung has reported better than expected quarterly profit but warned earnings from phones will weaken in the rest of the year.

Business Series

Volkswagen profits pulled down again by emissions rigging scandal

Volkswagen has suffered a 12 percent drop in quarterly profit at its main passenger car division as it tries to overcome the toxic emissions rigging scandal.

Business Series

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.