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Huawei UK revenue and profits decline after 5G ban – –

The looming financial impact of the UK government’s ban on using Huawei equipment in 5G networks has come to light after the Chinese...

Didi Chuxing files IPO filing, reported $ 6.4 billion in first...

Chinese ridesharing giant Didi Chuxing on Thursday filed for an IPO in what could be one of the biggest tech IPOs of this year,...

WeWork’s Losses Quadruple to $ 2.1 Billion as Work-from-Home Contracts Halve...

WeWork’s losses quadrupled to $ 2.1 billion (£ 1.47 billion) in the first quarter, as the shift to work flexibility due to the pandemic...

Wheels Up Revenue Grows 68% Amid High Demand for Private Jet...

Private jet company Wheels Up reported a 68% increase in first quarter revenue and a 56% increase in active members, as growing wealth creation...

Roku Jumps 16% After Reporting Highest Revenue Growth Rate Since IPO...

Roku shares jumped more than 16% on Friday after reporting income that showed advertisers shifting more and more money to streaming TV. The company...

Peloton expects to lose $ 165 million in revenue due to...

NEW YORK – Peloton said on Thursday that the recall of its treadmills will reduce revenue by $ 165 million in the current...

UPDATE 1-Thales Q1 revenue in France increases by 1.9% and the...

(Add details and background) PARIS, May 6 (Reuters) – French defense and technology group Thales posted higher than expected first quarter revenue and orders as...

New Brunswick lumber companies quietly beat revenue records – fr

Demand for lumber has been so high at Randy MacNichol’s independent sawmill in Salisbury, New Brunswick, that he’s struggling to take the time on...

BorgWarner expects electric vehicles to account for nearly 50% of revenue...

The CEO of auto supplier BorgWarner told CNBC on Friday that the company hopes nearly 50% of its revenue will be from electric vehicles...

Majority of New York’s restaurants have seen more than half of...

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