Alphabet’s shares closed over 9% higher on Wednesday, adding about $210 billion to the company’s market value, after a U.S. judge ruled against breaking up the Google parent company. The decision by Judge Amit Mehta allows Google to maintain control of its Chrome browser and Android mobile operating system, while also continuing to make significant…
Image: Reuters Alphabet shares closed more than 9% higher on Wednesday after a US judge ruled against breaking up the Google parent, clearing a major regulatory overhang and adding about US$210- billion to the company’s market value. The ruling on Tuesday by Amit Mehta allows Google to retain control of its Chrome browser and Android mobile…
Alphabet shares rose 9.14% on Wednesday as investors viewed the result of Google’s antitrust case as broadly favorable to the tech giant. Wednesday’s gain added $234 billion to the company’s market cap. Apple closed 3.81% higher, adding $130 billion to its cap. The U.S. Department of Justice had proposed a sort of breakup of Google,…
A Qantas Airways Boeing 737 aircraft takes off from Sydney International Airport in Sydney on August 18, 2025. David Gray | Afp | Getty Images Shares of Australian flag carrier Qantas rose to a record high Thursday after its full-year earnings results beat estimates, buoyed by resilient demand across its domestic and international networks. Qantas…
Visitors visit the “the monsters Convenience Store” themed exhibition created by POP MART with IP LABUBU as the selling point, Shanghai, China, July 23, 2025. Cfoto | Future Publishing | Getty Images Shares in Chinese toymaker Pop Mart fell Wednesday, a day after the company posted a near-400% surge in net profit, driven by booming…
Shares of MTN Group Ltd. experienced a steep decline in Johannesburg on Monday, falling by as much as 10%—the largest drop since March 2023. The plunge followed the announcement that the company’s South African revenue had fallen, leading to a management shake-up. Investors were also concerned about a U.S. Department of Justice probe into the…
News that MTN Group is facing an investigation by a US department of justice grand jury sent its shares tumbling 9% on Monday, overshadowing results showing it made a half-year profit following a loss a year earlier. The probe is into its conduct and that of its former subsidiary in Afghanistan and an Iranian cellphone…
Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty Images Shares of Novo Nordisk climbed almost 5% Monday after the company’s blockbuster Wegovy obesity drug received accelerated approval from the U.S. Food and Drug Administration to treat a serious liver disease. The company on Friday…
MTN Group said on Thursday that it expects to report a huge growth in earnings in the first half of its 2025 financial year, to June, with headline earnings per share (Heps) set to jump into the black. The JSE-listed pan-African telecommunications operator described the upcoming interim financial results as “robust”. It said the strong…
Intel CEO Lip-Bu Tan. Anna Wang/Reuters US President Donald Trump called for the immediate resignation of Intel’s new CEO, Lip-Bu Tan, saying he was “highly conflicted” after questions arose about his ties to Chinese firms and sparking doubts over the future of the American chip-making icon. “There is no other solution to this problem,” Trump…
