Pearson full-year underlying sales rise 5%
[ad_1] Pearson PLC said Wednesday that it expects to report a rise in underlying sales for 2022, and that it finished the year ahead of the board’s expectations. The FTSE…
The holiday PC market stunk for everyone except Apple, report says
[ad_1] A sharp drop in global shipments of personal computers in the holiday quarter wrapped up a year of such declines, but Apple Inc. reportedly suffered the least. Global PC…
News Corp says Murdoch won’t pursue merger with Fox unless it’s recommended by independent board committee
[ad_1] A News Corp special board committee considering a potential combination with Fox Corp. said it has been delegated full authority to evaluate the proposal. News Corp said Monday that…
Alibaba and Nio among Chinese stocks surging as hopes build about potential reopening
[ad_1] U.S.-listed shares of Chinese companies were enjoying a sharp rally in premarket trading Tuesday as hopes built about a potential relaxation of the country’s severe measures meant to help…
Judge blocks Penguin Random House from buying Simon & Schuster over antitrust concerns
[ad_1] NEW YORK — A federal judge has blocked Penguin Random House’s proposed purchase of Simon & Schuster, agreeing with the Justice Department that the joining of two of the…
Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power
[ad_1] Hong Kong stocks suffered their worst single session since the 2008 financial crisis after Chinese leader Xi Jinping tightened his grip on power. The Hang Seng HSI, -6.36% ended…
PC sales log third straight quarter of declines while Apple reports growth
[ad_1] Global PC shipments logged a third consecutive quarter of declines, while remaining above pre-pandemic levels, as Apple Inc. was the only large vendor to show an increase because of…
Deloitte China to pay $20 million SEC penalty for audit failures ‘at the most basic level’
[ad_1] The Securities and Exchange Commission announced Thursday that Big-Four accounting firm Deloitte’s China affiliate had agreed to pay $20 million to settle charges that it has asked clients to…