Browsing: giant

Vodafone’s annual net profit rocketed to £59.25 billion, boosted by the enormous sale of its stake in US joint-venture Verizon Wireless, the British mobile phone giant said on Tuesday. Earnings after taxation surged to the equivalent of $100 billion…

US officials slammed Nigeria’s “slow” response to the kidnapping of more than 200 schoolgirls by Islamic militants and renewed criticism Thursday of the military’s poor human rights record. Washington considers the Western African giant a strategic…

Chinese authorities have slapped Internet giant Sina Corp. with a fine of more than $815,000 over “unhealthy and indecent content”, the company announced. The “administrative fine” of 5.1 million yuan ($815,038) was imposed by the Beijing Municipal…

Mexico’s state oil giant Pemex on Wednesday reported a nearly $2.7 billion loss in the first quarter. Pemex, which provides a third of Mexico’s government revenue, had a $327 million loss in the same quarter of 2013. The company saw a net loss of $12…

Russia’s natural gas giant Gazprom posted a second successive drop in annual profits on Tuesday and warned that the escalating crisis in Ukraine could disrupt its crucial supplies to Europe. The world’s biggest gas producer admitted that the threat…