Tag Archives: business

DUBAI, United Arab Emirates - Saudi Aramco said Tuesday its profits soared by 30% in the first-quarter of the year, compared to last year, riding on the back of higher crude oil prices. The results co...

MILAN - Italian luxury sportscar maker Ferrari announced Tuesday that it won't hit 2022 financial targets due to the impact of the coronavirus pandemic, despite a strong rebound in the first quarter o...

WASHINGTON - The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported foreign goods. The deficit, the gap between what America buys fro...

SEATTLE - Bill and Melinda Gates said Monday that they are divorcing but would keep working together at the Bill and Melinda Gates Foundation, one of the largest charitable foundations in the world. I...

CALGARY - Measures to control the COVID-19 pandemic made for a bumpy ride for most of the ski and snowboard industry in Canada, as revenues slumped even at resorts that were able to maintain near-norm...

WASHINGTON - Growth in U.S. manufacturing slowed slightly in April partly due to a snarled global supply chain after hitting a 37-year high in March. The Institute for Supply Management, a trade group...

TAIPEI, Taiwan - Russia is turning to multiple Chinese firms to manufacture the Sputnik V coronavirus vaccine in an effort to speed up production as demand soars for its shot. Russia has announced thr...

SAN RAMON, Calif. - Apple's lucrative app store was alternately portrayed as a price-gouging monopoly and a hub of world-changing innovation during the preamble to a trial that may reshape the technol...

NEW DELHI - As a catastrophic surge of the coronavirus sweeps through India, the leaders of 13 opposition parties urged the government to launch a free vaccination drive and ensure an uninterrupted fl...

WASHINGTON - The United States and Iran are in active talks over the release of prisoners, a person familiar with the discussions said Sunday as Washington denied a report by Iranian state-run televis...