US tech giant Microsoft Corp beat analysts’ estimates for the latest completed quarter because of a slight re-acceleration of its cloud computing business and winning of new users for its Teams messaging and collaboration software with an increasing trend of… Read More ›
The stage is apparently set for one of the most high profile debuts in a stock market for 2020 as the home rental startup Airbnb Inc plans to get itself listed on the Nasdaq and offer an initial public offering…. Read More ›
After reporting a record profit for its second quarter, Japanese electronics giant Sony Corp raised its annual profit outlook. The company’s performance as driven by its gaming business which continued to capture “nesting” demand just ahead of the next month… Read More ›
On Wednesday, U.S. Secretary of State Mike Pompeo stated, AES Corp will sign a deal with PetroVietnam Gas to develop a $2.8 billion liquefied natural gas (LNG) import terminal as well as a power plant in Vietnam. “Vietnam has given the… Read More ›
The battle between semiconductor designer Advanced Micro Devices Inc (AMD) and Intel Corp in the data center chip market just got more intense with AMD agreeing purchase Xilinx Inc in a $35 billion all-stock deal, AMD said on Tuesday. After… Read More ›
After using environmentally destructive plastic in the products and packaging of toys for decades, efforts at becoming more eco-friendly are now being made by many large toy companies. With parents being forced to keep their children back at home during… Read More ›
A new study that documented the growing divisions in the workplace since March when the novel coronavirus pandemic hit the United Kingdom has found that younger people in the country are more than twice as likely to lose their jobs… Read More ›
American companies including Lockheed Martin, Boeing, and Raytheon will be sanctioned by China over the companies being engaged in selling weapons to Taiwan. The United States was urged to stop selling arms to the self-governed island of Taiwan and to… Read More ›
On Tuesday, in a statement HSBC Holdings PLC said, it plans on accelerating its restructuring plans after it posted a 35% drop in quarterly profits and flagged an easing in its provisions for bad debts citing an expected improvements in the… Read More ›
In a significant development, U.S. oil giant Chevron Corp is staking its natural gas future on the Middle East, a typically volatile region where energy majors have long tread warily. Chevron’s CEO Michael Wirth’s Middle Eastern pivot underpins a bet that… Read More ›
manageria.biz 