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Hyundai Motor’s H1 profit posts double-digit fall

Hyundai Motor’s H1 profit posts double-digit fall

Seoul : Hyundai Motor, South Korea’s biggest automaker, posted a double-digit fall in operating profit for the first half of this year, the company said on Wednesday. Operating profit tumbled 16.4 per cent over the year to 2.6 trillion won ...

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Alphabet posts profits despite $2.7 bn EU fine

Alphabet posts profits despite $2.7 bn EU fine

San Francisco : Despite being hit by the impact of a $2.7 billion European Commission’s (EC) anti-trust fine, Alphabet, the parent company of Google, has still posted $26 billion in revenue in the second quarter of 2017. Alphabet reported a ...

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IMF revises up China’s growth forecast for 2017, 2018

IMF revises up China’s growth forecast for 2017, 2018

Kuala Lumpur : The International Monetary Fund (IMF) has revised China’s growth forecast for 2017 and 2018 to 6.7 and 6.4 per cent respectively. The World Economic Outlook report, which came days after China posted a stronger-than-expected second quarterly performance, ...

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Apple appoints Deirdre O’Brien new VP of People

Apple appoints Deirdre O’Brien new VP of People

San Francisco : Apple has appointed Deirdre O’Brien as Vice President of People, who will report to CEO Tim Cook. A nearly 30-year Apple veteran, O’Brien, currently Vice President of Worldwide Sales and Operations, will lead all HR functions including ...

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