TAWAL, a unit of Saudi Telecom Company (stc) , agreed to buy tower infrastructure worth 1.22 billion-euros ($1.34 billion) from United Group in its first foray into Europe’s telecoms market, the southeast European firm said on Thursday.
Amazon plans to expand its business selling office supplies in Europe and internationally after the pandemic helped boost sales as companies shopped more online and looked for bulk discounts.
Amazon has launched its Anti-Counterfeiting Exchange (ACX), an initiative to help retail stores label and track marketplace counterfeits as part of the e-commerce giant’s efforts to crack down on organized crime on its platform, the company announced on Thursday.
Tesla Inc’s shares sank more than 6.8% on Thursday and dragged down other automakers after Chief Executive Elon Musk signaled the electric-vehicle maker will keep cutting prices to drum up demand even after taking a big hit to margins.
Genuine Parts Co beat first-quarter profit estimates and raised full-year earnings forecast on Thursday, helped by growing demand for auto and industrial parts.
HCLTech , India’s No.3 IT services exporter, on Thursday forecast lower-than-expected revenue growth for the current fiscal due to cuts in discretionary spending and project ramp-downs amid worries of a global recession.
A Kenyan judge ruled on Thursday that Facebook’s parent company Meta could be sued in Kenya, after 43 moderators at its Nairobi hub last month filed a lawsuit against the group and its local partner Sama for unfair termination.
The Delhi High Court on Thursday ordered YouTube to remove fake news videos about the grand-daughter of Bollywood superstar Amitabh Bachchan, in response to her petition to stop circulation of false rumours about her health, lawyers said.
China’s gaming regulator on Thursday granted publishing licenses to 86 domestic online games, including titles belonging to Alibaba , Baidu and ByteDance, according to an approval list published by the National Press and Public Administration.
