Social media company Snap Inc (SNAP.N) said on Friday it had laid off 18 people in its …
division
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Tech news
LG Electronics says third-quarter profit down 3.7 percent vs. year earlier
by Ghada Ismailby Ghada IsmailSouth Korea’s LG Electronics Inc said on Thursday its third-quarter operating profit fell 3.7 percent from a …
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As a step towards improving the efficiency of financial services and non-banking activities, the CEO of EFG …
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Tech news
Comcast profit drops on film sales, beats Wall Street estimates
by Ghada Ismailby Ghada IsmailComcast Corp reported a 5 percent drop in quarterly profit on Wednesday, hurt by lower film division …
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Tech news
Francisco Partners, Elliott close to ink Dell software deal
by Ghada Ismailby Ghada IsmailBuyout firm Francisco Partners and the private equity arm of activist hedge fund Elliott Management Corp are …
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ABB Ltd poached a Siemens executive as it shakes up its robotics division, where profit margins have …
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Industry & Trade
Novartis splits drugs business into two, pharma chief to leave
by Noha Gadby Noha GadNovartis is splitting its pharmaceuticals division into two business units, one focused on cancer and the second …
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German industrial group Siemens will continue to buy software companies to beef up its core industrial business, …
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Boeing Co (BA.N) will eliminate about 4,000 jobs in its commercial airplanes division by the middle of …
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AT&T Inc will invest about $10 billion in its global business solutions division, as it seeks to …