Category: Business

German software major SAP AG reported Friday lower profit in its first quarter amid higher expenses, even as revenues were higher with improved performance in cloud and software revenue. Further, … Read More

Shares of telecom services providers – Reliance Industries (parent of Reliance Jio), Bharti Airtel, and Vodafone Idea – have shed up to 23 per cent so far in the current … Read More

IDW Media Holdings, the company that includes a prominent comics division and an entertainment division behind such series as Syfy’s Wynonna Earp, BBC America/Netflix’s Dirk Gently’s Holistic Detective Agency and … Read More

European stocks are seen opening mixed in lackluster trade on Friday as investors fret about further interest-rate hikes and an impending recession. Recession worries are exacerbated by weak U.S. data … Read More

World market sentiment remained tethered to fears surrounding the monetary policy outlook as well as indications from the latest edition of corporate earnings. Recession fears reemerged after the Fed’s Beige … Read More

Roku delivered first-quarter results with some bright spots, including better-than-expected revenue, but the streaming provider said it sees its advertising business remaining challenged. Revenue reached $741 million, up just 1% … Read More

After ending the previous session little changed, stocks may move to the downside in early trading on Wednesday. The major index futures are currently pointing to a lower open for … Read More

Less than a week before the Writers Guild of America’s latest contract expires, the guild today sent out strike rule to its members in highly anticipated labor action hitting Hollywood … Read More

President Joe Biden and First Lady Jill Biden, as well as Vice President Kamala Harris and First Gentleman Doug Emhoff, will attend this weekend’s White House Correspondents’ Association dinner, underscoring … Read More

Markets in Europe are expected to open weak on Wednesday amidst a renewed focus on the Fed ahead of release of key data later in the week. Recent Fed commentary … Read More