Business

The world’s stock markets slid again Thursday with investors seeking safe havens as President Donald Trump doubled down on his warnings to North Korea over its nuclear program. Trump, whose threat this week to bring “fire and fury” was dismissed

The dollar set an eight-week low against the yen on Friday as escalating tensions between the United States and North Korea triggered yet more investor flight to safety. The dollar slipped to as low as 109.11 yen JPY= in early

Snap Inc Chief Executive Evan Spiegel said on Thursday neither he nor co-founder Bobby Murphy would sell shares of the Snapchat parent this year, but that failed to soothe investors after quarterly results fell short of analyst expectations. Shares of

Nvidia Corp reported a 56 percent jump in quarterly revenue on Thursday, helped by strong demand for its chips used in data centers and gaming devices such as Nintendo Co Ltd’s Switch. The company’s net income more-than-doubled to $583 million,

Co-creator of the Android mobile operating system Andy Rubin via 9to5Google SAN FRANCISCO: Essential Products, the smartphone startup founded by a co-creator of the Android mobile operating system, has raised $300 million in new funding and signed up retailers to

Brazilian prices rose in July, but the annual inflation rate of 2.71 percent was the lowest for 18 years, the government statistics office said Wednesday. This was good news for consumers in Latin America’s biggest economy, which is inching out

Google’s Belgian unit faces a tax probe, a report said Wednesday, after the US internet giant had to cough up hundreds of millions of euros in back taxes in Britain and Italy. Many US and other multinational companies channel their

Silicon Valley giant Intel on Wednesday announced plans for a fleet of self-driving cars following its completion of the purchase of Israeli autonomous technology firm Mobileye. A day after closing the $15 billion deal to buy Mobileye, which specializes in

Walt Disney Co paid $177 million, in addition to insurance recoveries, to settle the closely watched “pink slime” defamation case against its ABC network by Beef Products Inc., a quarterly financial report shows. Privately-held BPI sued American Broadcasting Company (ABC)

People walk past an electronic board showing Japan’s Nikkei average outside a brokerage at a business district in Tokyo, Japan August 9, 2017. PHOTO: Reuters TOKYO: Asian shares and US stock futures slipped on Wednesday and investors piled into havens