Phillips 66 reports 39% jump in Q1 profit

Source: Dukascopy Bank SA
The US oil refiner Phillips 66 posted strong quarterly results showing its profit surged 39% amid a $423M one-time gain from the petroleum coking venture consolidation.
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Fri, 28 Apr 2017 12:34:09 GMT

Apple refuses paying royalties to Qualcomm

Apple is eager to stop paying royalties to the Qualcomm manufacturers for the 2017 quarterly sales made that resulted in Qualcomm's shares 4.3% drop to $50.91 ahead of the North American trading session.

Fri, 28 Apr 2017 11:04:36 GMT

Brazil unions spark outrages over security benefits cut

On Friday, the Brazilian unions staged out nationwide protests over the President Michel Temer's attempts to cut social security benefits and ease labour law.

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