Net profit of the pharmaceutical company Novartis in January-June 2020 increased by 1.6% in annual terms and amounted to $ 4.04 billion, the company said. Earnings per share amounted to $ 1.77 at the end of the reporting period against $ 1.72 a year earlier. Novartis had sales of $ 23.63 billion in six months, up 3.3% from a year ago. In the second quarter, the company's net profit was $ 1.867...

Chinese company ByteDance, which owns the TikTok app, is considering London as the site for the global headquarters of the social network, writes The Sunday Times, citing a source. According to the newspaper, negotiations with the UK government are now suspended. According to a Reuters source, the issue is still under discussion. According to The Sunday Times, the Chinese company is going to...

American Airlines announced the signing of a strategic partnership agreement with the American low-cost airline JetBlue. In fact, the companies are forming an alliance that will allow them to sell seats on each other's planes. The merger will give American Airlines customers access to approximately 130 destinations served by JetBlue. Moreover, for the company itself, this is an opportunity to...

Owners of some versions of the iPhone in the United States have received an opportunity to claim compensation from Apple. Due to a dispute in which the company was accused of deliberately slowing down the smartphones, Americans can claim up to $ 500 in compensation. American iPhone owners have received an opportunity to claim up to $500 in compensation from Apple for settlement of a dispute...

Google announced a $ 10 billion investment in India’s IT industry. This decision was published after negotiations between CEO of Google and its holding company Alphabet, Sundar Pichai, with Indian Prime Minister Narendra Modi. The investment will be directed to Google’s fund called the India Digitization Fund. Over the next five to seven years, these funds will be used to create partnerships with...

Nvidia Corp for the first time became the largest US chip maker by market value, overtaking Intel Corp on Wednesday. Nvidia stock quotes rose by 3.5% per day - up to $ 408.64. As a result, the company's capitalization reached $ 251.31 billion. Intel papers rose 0.5% to $ 58.61. As a result, the market value of the chip maker rose to $ 248.16 billion, according to FactSet. Nvidia's stock price...

The Mexican Ministry of Energy greenlighted creation of the first public-private partnership in the history of the country to develop an oil field, the right to which was initially claimed by a private consortium. "The Ministry of Energy instructed Pemex and Talos Energy Offshore to merge the border section at the Zama field. For the first time in the country's history, the state and private...

The American corporation Microsoft is interested in buying the gaming division of Warner Bros. for $ 4 billion, reports The Information, citing sources inside the company. The company intends to continue the policy of buying game developers to solve the problem with the lack of exclusive games for the new Xbox Series X. In June 2020, it became known that Warner intended to sell its Interactive...

The New York State Department of Financial Services (DFS) announced an agreement with Deutsche Bank, under which the bank will pay a fine of $ 150 million. A fine is imposed for "significant violations" committed by the bank in servicing accounts of the infamous financier Jeffrey Epstein, as well as in the course of business cooperation with Danske Bank Estonia and FBME Bank. The New York...