The Japanese government has launched a countrywide competition calling for ideas to encourage people to drink more alcohol after a change in attitudes among young adults resulted in plummeting tax revenues.

Please drink more: As tax revenues fall, Japan launches competition to encourage alcohol consumption

Tencent, China’s largest video gaming and social media company, reported its first revenue decline since its 2004 listing and missed earnings expectations.

WION Dispatch: Tencent posts first revenue decline since going public

Airbnb on Tuesday (August 2) said that as individuals overcame their pandemic fears and participated in a record-breaking travel season, the revenue for the quarter that just ended exceeded $2 billion.

Airbnb's quarterly revenue exceeds $2 billion as travel resumes

Netflix on Tuesday announced it was cutting 150 jobs amid a slowdown in revenue and a decline in subscribers that has shaken the entertainment industry. About 2 per cent of the company's workforce in US and Canada will be affected.

Netflix cuts 150 jobs amid slowdown in revenue

Thailand is giving away 1 million cannabis plants for free as it decriminalises the drug. The country's health ministry aims to use cannabis to boos tourism & generate revenue. Which other countries have legalised weed? Palki Sharma reports.

Gravitas: Thailand is giving away 1 million cannabis plants

Microsoft Corp on Tuesday forecast double-digit revenue growth for the next fiscal year, driven by demand for cloud computing services, and its shares jumped about 4%.

Microsoft forecasts double-digit revenue growth

Indian IT industry has crossed the $200 billion revenue mark, reaching $227 billion in FY22. The industry also added 450,000 new hires in FY22.

Indian IT industry crosses the $200 billion revenue mark, added 450,000 new hires in FY22

Google parent Alphabet Inc reported record quarterly sales that topped expectations on Tuesday, as its internet advertising business surged on consumers using Google search as they shopped online and advertisers upping their marketing budgets.

Google propels record Alphabet revenue, driving shares up 8%

Pakistan Cricket Board Chairman Ramiz Raja said on Wednesday that Pakistan Cricket Board would collapse if Indian government wanted, pointing to sizeable revenue International Cricket Council (ICC) gets from Indian markets.

Pakistan Cricket Board can collapse if Indian government wants: Chairman Ramiz Raja

Twitter Inc on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements to help brands reach potential customers.

Twitter beats revenue targets with ad improvements, shares jump 5%

Egypt’s Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 billion in the previous year despite the coronavirus pandemic’s effect on world trade as well as a six-day blockage by a giant Ever Given cargo ship.

Egypt’s Suez Canal reports record revenue despite Ever Given ship blockage

Most big US banks are expected to report a stunning rebound in quarterly profits next week. With feared pandemic loan losses, they are failing to materialize even as trading income slumps and lending revenue stalls on low-interest rates and weak demand.

World Business Watch: US banks to see big jump in second-quarter profits before normalcy in results

China's biggest ride-hailing firm Didi Global Inc said on Sunday removal of its 'DiDi Chuxing' app from smartphone app stores in China is expected to have an adverse impact on its revenue in China.

Ride hailing firm Didi says app takedown may adversely impact revenue in China

Electric car maker Tesla has made a record profit in the first quarter of this year despite shortages of semiconductor and chips. Tesla has surpassed Wall Street expectations marginally and booked a record income of $438 million.

World Business Watch: Tesla posts record net income, revenue surges by 74%

Beijing-based ByteDance, the privately owned operator of short video app TikTok, booked around 40 billion yuan ($5.64 billion) in revenue for the January-March quarter, said two people with knowledge of the matter.

TikTok owner ByteDance first-quarter revenue soared to around $5.6 billion: Sources

Star power: How celebrities earn a bomb through advertisements and endorsements

Twitter shares plunged Thursday after reporting glitches that impacted its ad-targeting ability, pulling down revenue growth in the past quarter. Profit for the third quarter was $37 million, a sharp drop from last year when the online messaging platform was helped by a large tax benefit.

Twitter tumbles as 'bugs' hit revenue growth

Italy is readying a new tax on digital companies in its 2020 budget, as it seeks alternative revenues that will allow it to scrap a scheduled increase in sales tax, two coalition sources told on Monday.

Italy readies 'web tax' in its 2020 budget: Sources

Alphabet Inc shares rose about 8 per cent after the company reported quarterly results that eased investors' concerns about growth challenges facing its Google advertising business.

Alphabet's revenue rebounds easing doubts on growth

Huawei Technologies Co Ltd's revenue grew roughly 30% in the first half after select teams secured critical supplies to keep production going despite US technology export restrictions, Bloomberg reported on Tuesday, citing people familiar with the matter.

Huawei first-half revenue up about 30% despite US ban

Gross revenue on account of Goods and Services Tax (GST) in May totalled Rs 100,289 crore, up by 6.67 per cent from Rs 94,016 crore in the corresponding period of last year, the government said on Saturday.

GST revenue collections cross Rs 1 lakh crore in May

Uber Technologies Inc’s initial public offering filing on Thursday contains data that will be key to selling itself to investors. The share sale follows a public offering by rival ride-sharing service Lyft Inc last month, whose shares have dropped to about $61 from an IPO price of $72.

How Uber and Lyft compare on key financial metrics

Jyotiraditya Scindia says, ''Lower tax is best way to increase revenue''

While Air India's passenger count rose by only 4 per cent in the December 2018 quarter, its revenue from passengers increased by 20 per cent on the back of better aircraft utilisation, said a senior official of the company.

Air India's passenger revenue grows by 20% in Q3 of 2018-19

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