Business News

Business

Allianz to Distribute 75% of Net Income to Shareholders: A Bold Move

Allianz SE announces a new dividend policy to redistribute 75% of its net income to shareholders via dividends and share buy-backs over the next three years. The German insurer wil...

Business

Oracle's Q2 Revenue Surges 9% to $14.1 Billion: A Closer Look

Oracle Corporation announced a 9% revenue growth to $14.1 billion in Q2, slightly below market forecasts. The company's GAAP diluted earnings per share jumped 24% to $1.10, and net...

Business

Amazon and Intuit Strengthen Partnership to Boost Seller Success

Amazon and Intuit announce an expanded strategic partnership to enhance financial management for Amazon sellers, integrating QuickBooks into Seller Central for better compliance, c...

Business

Google and Meta Under Scrutiny: EU Probe into Ad Deal Targeting Minors

The European Commission is investigating a secret advertising partnership between Google and Meta that may have violated Google's rules for protecting minors online. The partnershi...

Business

TeamViewer Makes a $720 Million Move to Strengthen Digital Workplace Market

TeamViewer, a German software company, announced the acquisition of IT firm 1E for $720 million, aiming to integrate their expertise in remote access and support with 1E's autonomo...

Business

Elon Musk Advocates for Rethinking Tax Benefits for Nonprofit NGOs

Elon Musk recently suggested that tax advantages for nonprofit NGOs should be reconsidered, responding to a post critical of the sector's growth attributed to tax reforms under Pre...

Business

Typhoons Slow Philippine GDP Growth, but Future Looks Promising: World Bank

The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of typhoons but should be more robust in 2025 and 2026, th...

Business

Google-Meta Secret Ads Deal Under Scrutiny for Targeting Teens

European regulators are probing a secret Google-Meta ad deal that targeted teens, ignoring Google's guidelines on minors' online treatment, according to the Financial Times.