FedEx profit surges on rate hikes

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Source: Dukascopy Bank SA
The US delivery company FedEx reported its quarterly profit nearly doubled on spiking volume and rate hikes that helped reduce the company's cost of delivering e-commerce purchases during the pandemic.
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Fri, 18 Dec 2020 04:50:27 GMT

Coca-Cola to trim over 2K jobs globally

Coca-Cola is planning to cut as much as 2,200 job positions around the world, including 1,200 jobs in the United States, amid its business restructuring triggered by the coronavirus-related economic fallout.

Thu, 17 Dec 2020 22:48:26 GMT

Alphabet's Verily attracts $700M in funding

Verily Life Sciences, Alphabet's life sciences unit, has raised $700M in its round of funding from investors including Temasek, Silver Lake and Alphabet, amid its commercial businesses expansion.

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