Facebook and Google have announced that employees must be vaccinated against the coronavirus before returning from remote work to their offices. Netflix has announced mandatory vaccinations for actors and other workers who come into contact with them on sets. It is not specified how many employees of these companies have already been vaccinated. Google CEO Sundar Pichai said the mandatory...

Quarterly reports from the world's biggest technology companies showed that the sector, which not long ago enjoyed record profits during the pandemic, has adapted well to the new conditions, that is, the gradual decline of the epidemic and the lifting of coronavirus restrictions. The combined profits of the three largest technology companies in the latest quarter were $56.8 billion, almost double...

Countries around the world have been split in two because of unequal access to coronavirus vaccines, the International Monetary Fund (IMF) pointed out in its World Economic Outlook on 27 July. Some states will continue to face outbreaks and high mortality. Others can be counted on to continue to normalise, which is true of almost all developed economies. However, recovery has also been threatened...

Apple earned $21.7 billion in profits for the quarter ended June. It was the best result in the company's 45-year history among similar periods in previous years. Apple earned $21.7 billion in profits in the quarter ended June. This is the best quarter among similar periods of previous years in the 45-year history of the technology company, reports The Wall Street Journal.  On a per share...

Shares in Chinese education technology (EdTech) companies plummeted after the country's authorities announced new regulations for the sector. Thus, quotations of Hong Kong market leader New Oriental Education & Technology fell by 66% in two days. Koolearn Technology lost almost 50% of its market capitalisation and Scholar Education shares plummeted 57.7%. According to new requirements...

Marketplace iHerb, which specialises in selling health products, vitamins and mineral supplements, has filed for an IPO with the US Securities and Exchange Commission. The company has not yet determined how many shares it will put up for sale and what the offering price will be. "A draft registration statement on Form S-1 has been submitted to the US Securities and Exchange Commission (SEC)...

Twitter's revenue grew 74% year-on-year in the quarter, the fastest growth since 2014. The company noted a significant increase in advertiser interest in the social network. Twitter posted financial results for the second quarter of 2021. The company reported its fastest revenue growth since 2014 and noted an increase in demand from advertisers, CNBC told, citing a letter from the social network...

The Coca-Cola Company, the world's largest soft drink maker, saw its net profit attributable to shareholders rise 7% year-on-year to $4.886 billion in the first half of 2021 (ended 2 July), the company said in a statement. Diluted earnings per share for the half year were $1.13, compared with $1.05 a year earlier. Coca-Cola's operating revenue rose 22% year on year to $19.149 billion. Net...

US oil services company Baker Hughes posted a net loss attributable to shareholders of $520 million in the first half of the year, down 20 times from a year earlier, the company said. Diluted loss per share was $0.67, compared with a loss of $15.93 per share a year earlier. The company's revenues fell 2.3 per cent from the same period in 2020, to $9.924 billion. The company's second-quarter net...