OceanGate suspends its activity

OceanGate Expeditions has stated that it was suspending its operations after its Titan bathyscaphe sank in the waters of the Atlantic Ocean in June

EU Commission investigates Amazon's takeover of iRobot

The deal between Amazon and iRobot for $1.7 bn has come to the attention of the EU antitrust legislation.

Twitter's competitors grow after restriction

Twitter's competitors began to grow after new restrictions imposed by Elon Musk.

A joint Thai-Azerbaijani company under creation - an enterprise to be built

A joint venture between Azerbaijan and Thailand will be established in the Pirallakh Industrial Park.

Meta launches an analogue of Twitter

On July 6, Meta Corporation will launch an analogue of social network Twitter - application Threads.

Riots in France caused damage for over €1 bn

Losses from the riots in France are estimated at more than €1 bn, “excluding losses in tourism".

Apple's capitalization exceeds $3 trillion

Apple's capitalization has exceeded $3 trillion for the second time in history.

111 companies with Azerbaijani capital registered in Türkiye in May

111 companies with Azerbaijani capital were registered in Türkiye for May 2023.

Ford prepares next layoffs of employees

Ford Motor (U.S.) is preparing to begin another round of layoffs in the coming weeks.

Aztrading Service sharply reduces authorized capital

Aztrading Service LLC announced about reduction in authorized capital from 241,000 manats to 20 manats.

Net profit of Ekol Engineering Services drops 3.6-fold

Ekol Engineering Services CJSC completed 2022 with net profit of AZN 1.856 million, ABC.AZ informs with reference to company's report.

Uber to cut 35% of employees

Uber Technologies, which provides taxi ordering and food delivery services, will cut 200 employees of the recruitment department.

Spark Beton’s head replaced

The CEO of Spark LLC, a concrete manufacturer in Azerbaijan, has been replaced.

Musk: Tesla to appear in India as soon as possible

Elon Musk said he had a meeting with Indian Prime Minister Narendra Modi in New York.

KKR to buy $44 bn loan portfolio from PayPal

Private investment company KKR acquires a significant part, up to €40 bn ($43.71 bn) of PayPal's loan portfolio.

Apple forces Swiss company to change logo

Apple forces 111-year-old Fruit Union Suisse to change its logo, which depicts a red apple with a white cross, in the form of a Swiss flag.

Chinese-Turkish company opens a joint venture - Agreement reached

Chinese technology company Skyworth and Ulubaşlar Group (Türkiye) are creating a joint venture.

Türkiye’s antimonopoly regulator informs about launch of investigation against Google

The antimonopoly regulator of Türkiye, the Competition Council, informed about the beginning of actual investigation against a group of companies belonging to holding Alphabet Inc.

Swarovski completes its withdrawal from Russia

Austrian company Swarovski has fully curtailed its Russian business

It becomes easier to make money on your videos on YouTube

YouTube video hosting has simplified the conditions for participation in the affiliate program, which allows you to earn money on your videos using advertising and other tools.

Starbucks sold its assets in Russia for $6 million

The amount of the transaction for the sale of Starbucks assets in Russia amounted to about 500 million rubles or $6 million.