The net profit of the American company Intel, one of the world's largest manufacturers of computer components, at the end of 2019 remained approximately at the level of last year and amounted to $ 21.048 billion, the company said in a press release. Diluted earnings per share were $ 4.71 versus $ 4.48 in 2018. At the same time, revenue increased by 1.6%, to $71.965 billion. In the fourth...

Two weeks of work at the South Korean plant in Busan were partially suspended, which cost the conglomerate more than $ 170 million. The Renault-Samsung-Motors auto alliance factory in Busan has been partly in strikes since early January. The company was forced to cut production by temporarily shutting down night shifts. Two weeks of this regime resulted in production losses: 10,400 vehicles worth...

Bernard Arnault, owner of Louis Vuitton and Dior, has been holding the first place on the list of the richest people in the world for only three days. On Tuesday, his wealth declined by $ 3.7 billion. The reason is the outbreak of a deadly virus in China, which scared investors in the shares of European luxury companies. The founder of Amazon's largest online retailer, Jeff Bezos, has regained...

Consulting and auditing company PwC has published the results of its annual survey of CEOs around the world. Last year 29% of the top managers polled expected a slowdown in economic growth; in this year, however, the number went up to 53%, which was a record high. A survey conducted by PwC among 1,581 people from 83 countries was presented at the World Economic Forum in Davos, Switzerland. The...

The number of passengers passing through Asia's largest air harbor turned to be the smallest in 10 years. One of Asia’s busiest air harbors, the Chek Lap Kok International Airport in Hong Kong, has recorded the largest decline in passenger traffic over the past 10 years. Against the backdrop of protests in the special administrative region of China, which scared off tourists, in 2019 the number...

Capitalization of Alphabet, which owns Google, reached $ 1 trillion for the first time in its history. Prior to this, only three IT companies managed to achieve this market value: Apple, Microsoft and Amazon. The market value of Alphabet, the parent company of the search engine Google, reached $ 1 trillion for the first time for the first time in its history. At the time of publication, the...

The American corporation Apple bought Xnor technology company for almost $ 200 million, the Financial Times (FT) newspaper reported, citing sources. Xnor is a startup specializing in launching artificial intelligence (AI) systems for smart devices that can work offline and access cloud data. According to the newspaper sources, Amazon, Microsoft and Intel also bid for the startup. Apple’s proposal...

Toyota announced recall of approximately 696 thousand Toyota and Lexus cars in the United States due to possible malfunctions in the operation of the fuel pump, Fox News reports. As the company explained, the pump may stop working in these cars, and then the engines will start to work intermittently, warning messages will appear on the dashboard, and the car may suddenly stop. Such stops create a...

Value of stocks of electric car manufacturer Tesla exceeded $ 500 apiece during Monday trading on the NASDAQ, Forbes reports citing the exchange data. One paper of the company was worth $ 517.44. The price exceeded $ 500 for the first time.  The company's shares have been growing mainly since the end of October, during which time they have doubled in price. Last week, the company became...