San Francisco, Oct 24 (DPA) Microsoft Crop. reported its first-quarter results that exceeded analysts’ expectations, with profits up 2 percent to $4.37 billion.
San Francisco, Oct 22 (DPA) Troubled internet giant Yahoo saw quarterly profits plunge 64 percent and announced Tuesday that it would cut 10 percent of its estimated 14,300 staff to help control costs.
London, Oct 17 (IANS) Two companies owned by the Tata Group in Europe have taken cost-cutting steps in response to the financial crisis sweeping Britain and other wealthy countries.
Frankfurt, Oct 17 (DPA) A tumultuous trading week on global share markets was drawing to a close with European bourses rebounding Friday following a late surge on Wall Street and despite a mixed performance by stocks across Asia.
London, Oct 16 (IANS) Dutch-sponsored researcher Krisztian Balog has developed a computer programme that speeds up the process of finding the right person in an organisation’s network.
Abu Dhabi, Oct 13 (IANS) A new Arabic media content creation zone, twofour54, has been unveiled here.
Dubai, Oct 8 (IANS) TCE Consulting Engineers, a Tata Group subsidiary, will invest $12 million over the next five years in the Qatar Science and Technology Park (QSTP).
Washington, Oct 7 (IANS) World Bank Group President Robert B. Zoellick has suggested formation of a core group comprising seven emerging powers, including India, joining the Group of Seven to deal with the global economic crisis.
Washington, Oct 7 (Xinhua) US space agency NASA Monday said that it has awarded seperate contracts worth $12.4 million to six aviation companies to study advanced technologies for developing future transport aircraft.
New York, Oct 6 (DPA) Stock markets around the world plunged Monday as investors worried that government bailouts for sick banks were failing to cure a crisis that threatens to infect global trade and industry too.
In early trading in New York, the Dow Jones Index was off 3.2 per cent, slipping below 10,000 for the first time in four years. London’s FTSE 100 was off 6.8 percent at 4641 and Germany’s DAX lost 5.1 percent to 5503 in a new Black Monday.