Stock Market
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SAP will slash 3,000 positions and consider selling a stake in Qualtrics.
As the German software major SAP tries to slash expenses and concentrate on its cloud business, it announced on Thursday…
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Wizz Air reports more bookings and average pricing.
The average fare for 2023, according to the low-cost carrier Wizz Air in Hungary, was higher than it was last…
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Alstom’s third-quarter sales go up because of more orders from Europe.
Alstom (EPA:ALSO), a French company that makes trains, reported on Wednesday that its quarterly sales went up by 8%. This…
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Hindenburg shorts Concerns about debt and accounting are raised by the Adani Group in India.
Hindenburg Research said on Wednesday that it had short positions in India’s Adani Group. It accused the conglomerate of making…
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Earnings for 3M fell short by $0.09, but sales beat expectations.
The fourth quarter earnings per share for 3M (NYSE: MMM) were $2.28, which was $0.09 less than what analysts expected,…
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Amazon strengthens its push into health care with a $5-a-month subscription.
Amazon.com Inc. (NASDAQ:AMZN) announced on Tuesday that it will offer a $5 monthly subscription plan for U.S. Prime members that…
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Primark is worried about 2023 after a “very strong” Christmas.
Parent company Associated British Foods (OTC: ASBFY) said on Tuesday that clothing store Primark did better than expected over the…
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Adani Group of India intends to demerge more businesses and dismisses debt concerns.
India’s Adani Group, which is run by billionaire Gautam Adani, wants to spin off more businesses by 2028. The group’s…
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In a huge data breach, hackers got into thousands of PayPal accounts.
PayPal is one of the most popular ways to send and receive money or pay for something online. In a…
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Amazon will spend $35 billion in Virginia data centers.
Amazon.com’s cloud services division said on Friday that it will spend an extra $35 billion by 2040 to grow its…
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