French IT firm Capgemini saw its revenue climb seven percent year-on-year in the first quarter. This performance met the company’s expectations. Growth was boosted by strong results in North America, partly due to a recent acquisition. The company has confirmed its revenue growth target for the year. Headcount also saw a significant increase.Read More
Samsung Electronics reported a dramatic surge in first-quarter earnings, driven by soaring memory chip prices amid a global artificial intelligence boom that has tightened supply across the semiconductor industry.Read More
The United States economy continues to demonstrate resilience despite the recent energy price shock linked to geopolitical tensions involving Iran, Federal Reserve Chair Jerome Powell said on Wednesday, as per a Reuters report.Read More
Federal Reserve Chair Jerome Powell has indicated that he plans to remain on the central bank’s Board of Governors even after his term as chair concludes in May, a move that comes at a time when the institution is navigating heightened political scrutiny.Read More
India’s Torrent Power is set to inaugurate the first acquisition-funded corporate bond sale of the current financial year, in what would be the company’s largest debt issuance to date, three merchant bankers told Reuters on Thursday.Read More
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