Telkom SA SOC Ltd. and the South African government are in advanced talks to partner in rolling out broadband products even as buyers flock to bid for the telecommunication company’s assets.
Russia’s natural gas production in the first half was almost 13% lower than a year earlier following the Kremlin’s decision to halt pipeline exports to many countries in Europe, its biggest market.
AT&T Inc. reported profit and free cash flow that topped analysts’ estimates, but the phone giant still faces a slowdown in mobile subcriber gains, a challenging restructuring effort, a heavy debt load and the potentially high costs of cleaning lead out of its old copper phone network.
A metric tracking how much Bitcoin is being bought and sold has slid to a 30-month low as the largest digital asset holds below $30,000.
Microsoft Corp. posted tepid quarterly sales growth and forecast a continued slowdown in its Azure cloud-services business, overshadowing optimism about customer interest in new artificial intelligence-powered products. Shares were down about 3% Wednesday morning in New York.
Investors have rewarded Meta Platforms Inc. for its financial discipline this year, as it clamped down on costs. Even so, the social media giant goes into its second-quarter earnings report with a relatively inexpensive valuation that provides a cushion against any minor misses.
Google parent Alphabet Inc. reported second-quarter revenue that exceeded analysts’ expectations, boosted by advertising on the company’s flagship search business, which is withstanding new competition from artificial intelligence chatbots.
Coca-Cola Co. raised its full-year guidance after second-quarter results show continued momentum and consumer willingness to pay higher prices to quench their thirst with the company’s sugary sodas, fruit juices and sports drinks.
Hours after reaching a tentative deal to boost pay and benefits for hundreds of thousands of United Parcel Service Inc. workers, the brash head of the largest private-sector US union is turning attention to Amazon.com Inc.
Etihad Airways brought back its Airbus SE A380 superjumbos after three years in a bid to attract premium leisure travelers even as concerns emerge on resilience of the post-Covid holiday boom.
