Rise
Apple’s iPhone shipments plunge 10% as Android rivals rise
APPLE’S smartphone shipments dropped about 10 per cent in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from...
India’s TCS profits rise on AI, cloud contracts
INDIAN IT giant Tata Consultancy Services saw March quarter profits above analyst expectations, with growth in cloud computing and artificial intelligence projects, the company reported on Friday (Apr 12).The...
Citi profit drops as costs rise for employee severance, deposit insurance
CITIGROUP’S profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside money to refill a government deposit insurance fund.
Net income...
Lufthansa agrees to pay rise with flight attendants after strike
LUFTHANSA and the flight attendants’ union UFO have agreed to a pay rise for the German airline’s 19,000 cabin staff, the union said on Thursday (Apr 11), ending the...
Strikes at Deutsche Bank’s Postbank escalate as labour demands 15.5% pay rise
A MONTHS-LONG wage dispute at Deutsche Bank’s Postbank arm is escalating with additional strikes ahead of a fourth round of talks next week as employees demand a 15.5 per...
TSMC’s Q1 revenue rise beats market expectations on AI boom
TAIWAN chipmaker TSMC reported a 16.5 per cent rise in first-quarter revenue on Wednesday (Apr 10) beating market expectations and at the high end of the company’s own guidance...
Asia: Most markets rise as traders jockey ahead of US inflation
EQUITIES mostly rose in Asia on Wednesday (Apr 10) following a tepid day on Wall Street, with investors lasering in on the release of crucial US inflation data that...
US dollar struggles for direction ahead of data despite rise in yields
THE US dollar struggled for direction on Tuesday (Apr 9) as investors were cautious ahead of inflation data due on Wednesday, while US Treasury yields rose with markets scaling...
