Fortescue won’t curb its production of iron ore despite a sharp tumble in prices, saying it continues to sell its raw materials to China’s steelmakers for a profit.
Finland’s Nokia Corp. has reported better-than-expected fourth-quarter net profit helped by robust sales of latest-generation wireless telecom equipment in North America.
Hon Hai’s effort to expand beyond contract manufacturing has hit a hurdle after Taiwan regulators asked that a merger proposal for its two telecom units be resubmitted.
Both Mashable and Business Insider are expected to announce significant venture capital investments Thursday, building on a recent trend of hefty cash infusions and valuations for the sector’s biggest players.
Qualcomm showed surprising growth in its fiscal first quarter, but lowered its revenue targets for the year amid continued turmoil in China and stiffening competition for smartphone chips.
As consumers around the world tighten their belts, even cocoa is getting squeezed.
Record quarter may result from pent-up big-phone demand among Apple customers or the start of a new growth trajectory.
Facebook’s earnings jumped 34% in the holiday quarter on gains in mobile advertising, but its shares fell more than 2% in after-hours trading as expenses rose faster than revenue.
The advance of wealthy households, while middle- and lower-income Americans struggle, is reshaping markets for everything from housing to clothing to beer.