LONDON— Royal Dutch Shell RDS.A 1.02 % PLC on Thursday reported a sharp fall in second-quarter profit and said it would cut 6,500 jobs, illustrating the strain sustained low oil prices are putting on large producers.
BEIJING, July 30 Baidu Inc, China's biggest search engine company, said on Thursday it will repurchase $1 billion of its shares, after the company's stock price was hammered by investors following weak earnings results on Monday.
AUSTIN, Texas, Jul 30, 2015 (BUSINESS WIRE) -- Whole Foods Market WFM, -0.29% announced the first five leases for its streamlined, value-oriented 365 by Whole Foods Market brand, with store openings scheduled through 2017.
CEO Mark Zuckerberg said video content is 'an important part' of Facebook's future. Photograph: Josh Edelson/AFP/Getty Images.
NEW DELHI: Samsung is planning to cut prices of its flagship smartphones Galaxy S6 and Galaxy S6 Edge. Making the announcement during its earning call, the company said that it would cut the price of the two phones in order to "maintain" momentum.