Southwest expects a first-quarter loss because of current revenue and cost trends.
Smartphone shipments plunge to a low not seen since 2013 — their largest ever decline
Apple maintained its position as the top smartphone maker in the world, shipping 72.3 million iPhones in the fourth quarter, down 14.9% year on year, IDC said.
Johnnie Walker-maker Diageo beats first-half sales estimates
“The most expensive products grew double digit in every region of the world,” Chief Executive Ivan Menezes told CNBC.
Ukraine war live updates: Zelenskyy defiant as Russia unleashes ‘massive’ missile strike; U.S. sanctions Russian mercenary group
After the U.S. and Germany’s historic decision to supply battle tanks to Ukraine, talk has already turned to the possible supply of other firepower.
Toyota CEO and President Akio Toyoda to step down
Toyoda, 66, is the grandson of the carmaker’s founder and has served as chief executive since June 2009.
SAP to cut 3,000 roles, explore sale of Qualtrics stake
SAP became the latest tech giant to announce significant layoffs, with plans to cut up to 3,000 jobs, or about 2.5% of its workforce.
Russia, South Africa and a ‘redesigned global order’: The Kremlin’s hearts and minds machine is steaming ahead
Russia and South Africa vowed this week to strengthen bilateral ties and will embark on a joint military exercise next month, coinciding with the anniversary of the invasion of Ukraine.
The European Central Bank says it’ll ‘stay the course’ on rate hikes. But it’s not clear for how long
ECB’s Lagarde has said “we will stay the course to ensure the timely return of inflation” but market watchers are asking for how long.
Hiring might be slowing in the UK — but these 10 jobs are growing, LinkedIn says
Jobs relating to sustainability, data and company growth are growing in the U.K., data from LinkedIn shows.
Norway’s fossil fuel bonanza stokes impassioned debate about how best to spend its ‘war profits’
Norway’s skyrocketing oil and gas wealth is expected to climb to new heights this year, igniting an impassioned debate about international justice.