Amazon posts robust sales and profit beat but outlook clouded
ADVERTISEMENTThe Seattle-based company also reported strong sales growth for its prominent cloud computing arm Amazon Web Services, it said after the market closed on Thursday.However,…
ADVERTISEMENTThe Seattle-based company also reported strong sales growth for its prominent cloud computing arm Amazon Web Services, it said after the market closed on Thursday.However,…
Businesses across multiple sectors have cut financial guidance amid growing uncertainty as United States President Donald Trump’s trade war pushes up costs, upends supply chains…
The International Monetary Fund (IMF) says that US President Donald Trump’s tariffs have increased global financial stability risks. This warning was part of the IMF’s…
ADVERTISEMENTThe IMF said that the global economy will grow just 2.8% this year, down from its forecast in January of 3.3%, according to its latest…
Breadcrumb Trail LinksPMN BusinessUS employers probably tempered their hiring in March, just as consumers grow increasingly cautious and the economic outlook dims on concerns about…
Volkswagen AG concluded 2024 with lower operating results but slightly increased sales revenue. The carmaker presented its plans to navigate the challenges coming from the…
Several popular Microsoft programs crashed but were restored in about a half hour on Saturday, including Outlook, 365 and others. Photo by FotoRieth/Pixabay March 1…
Article contentTORONTO, Jan. 31, 2025 (GLOBE NEWSWIRE) — Media are invited to attend TRREB’s highly anticipated 2025 Market Outlook and Year in Review event on…
The ECB is expected to cut rates by 25bps to 2.75% on Thursday as inflation nears 2% and growth remains weak. Analysts see further cuts…
Breadcrumb Trail LinksPMN BusinessShares of Indian IT outsourcing giants Infosys Ltd., HCL Technologies Ltd. and Wipro Ltd. got a boost from Donald Trump’s US election…
HumAngle continues to interrogate the fluid dynamics of the conflict landscape across Africa, particularly in the Lake Chad and Sahel regions. Our coverage has focused…
“We’ve completed additional actions and are seeing some recovery,” Microsoft officials posted in a social media update a little after 3:30 p.m. local time. Microsoft…
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressChristopher RugaberPublished Nov 03, 2024 • 4 minute read You can save this article by registering for…
Germany's economic sentiment plunged to an 11-month low in September, with the ZEW index dropping sharply. Economic outlook worsened across key German industries, impacting the…
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Breadcrumb Trail LinksPMNPMN BusinessPMN Retail & MarketingAuthor of the article:The Canadian PressTara DeschampsPublished Aug 29, 2024 • 3 minute read You can save this article…
Kiké Hernández has looked like a brand-new player over much of the last month.Turns out, his brand-new eyeglasses might be partially to thank.In a subtle…
Shares in Porsche fell nearly 5% on Tuesday morning after the German sports car maker cut its sales and profitability outlook for 2024. ADVERTISEMENTPorsche AG…
Breadcrumb Trail LinksRetail & MarketingNewsInvestorStock down more than 40% this yearAuthor of the article:Bloomberg News Katrina Compoli and Janet FreundPublished May 24, 2024 • 3…
Breadcrumb Trail LinksPMN BusinessChina’s economy likely continued to show signs of improvement in April, buoying the outlook for recovery as policymakers ramped up support.Author of…