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SAP cloud sales jump as software giant lures clients with AI
SAP’s cloud revenue grew by 25 per cent in the third quarter as Europe’s biggest software company worked to transition customers away from locally run systems with the promise...
Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump
FRENCH car part supplier Forvia has secured new deals with Chinese automakers BYD and Xiaomi, it said on Monday (Oct 21), sending its shares up nearly 10 per cent.
The...
China Life says profit to jump up to 185% on market rally
CHINA Life Insurance said profit for the first nine months is expected to increase as much as 185 per cent, buoyed by investment returns.
The country’s largest life insurer...
Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
MORGAN Stanley’s profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its stock to a record.
A revival in corporate debt issuance,...
Uber, Lyft shares jump after Tesla’s ‘toothless’ robotaxi reveal
UBER Technologies and Lyft have climbed in early trading, after Tesla’s Elon Musk offered few details on the carmaker’s plans for a self-driving vehicle service that could compete with...
Oil prices jump 4 per cent on US storm and Israel-Iran fears
OIL prices jumped about 4 per cent on Thursday (Oct 10) on a spike in US fuel use before Hurricane Milton barrelled across Florida, Middle East supply risks and...
Oil prices jump 4% on US storm and Israel-Iran fears
OIL prices jumped about 4 per cent on Thursday (Oct 10) on a spike in US fuel use before Hurricane Milton barrelled across Florida, Middle East supply risks and...
Hong Kong shares jump to 31-month peak
Hong Kong stocks rose nearly 3 per cent on Friday (Oct 4) to close at their highest level since March 2022, still cheering China’s massive economic stimulus proposals, while...
