International Business Machines Corp edged past Wall Street estimates for quarterly revenue on Monday, bolstered by higher demand for its cloud services, a business it is staking its future on as it prepares to spin off one of its legacy units.
CALIFORNIA: Logitech International on Tuesday (Oct 20) reported a surge in second-quarter revenue and net profit as the computer peripherals maker benefited from a shift to working from home during the COVID-19 pandemic. The maker of computer keyboards and mice also raised its full-year forecast ...
RIO DE JANEIRO: The United States and Brazil signed three agreements on Monday (Oct 19) they said would expand and deepen their existing trade deal, the latest bonding moment under Presidents Donald Trump and Jair Bolsonaro. Brazil said talks on the "ambitious" agreements were launched when ...
WASHINGTON: The number of passengers screened in a single day for flights in the United States topped 1 million for the first time since COVID-19 infections began to spike last March. The notable milestone, reached Sunday (Oct 18), signifies the progress made since the darkest days of pandemic for...
Intel Corp has agreed to sell its NAND memory chip business to SK Hynix Inc for US$9 billion in an all-cash deal that would propel the South Korean chipmaker to second in the global rankings.
Asian stocks came under pressure on Tuesday as a deadline for U.S. lawmakers to pass an economic stimulus bill approached and record daily coronavirus infections in Europe ignited concerns about more severe lockdowns.
Tesla Inc's vehicle registrations in the U.S. state of California dropped 13per cent in the third quarter compared with last year, according to data from Cross-Sell https://www.cross-sell.com, a research firm that collates title and registration data.
Activist investor Starboard Value boosted its stake in ACI Worldwide Inc to 9per cent, according to a regulatory filing made on Monday that helped push the payment systems company's stock up more than 3per cent in afterhours trading.
With private sector confidence depleted and the struggle to contain the virus far from over, the risks of long-lasting economic scarring are on the rise, says an observer.
With sales down and unemployment on the rise, individuals and businesses are turning to loans. Outside of banks, some companies have also stepped up to offer loans to their customers or merchants. Money Mind explores why these companies are willing to take on the risks.
