A pedestrian walks in front of an AT&T location in New York. Scott Mlyn | CNBC AT&T shares jumped on Wednesday after the carrier reported fourth-quarter subscriber growth that exceeded Wall Street’s estimates, shrugging off its rivals’ lower pricing strategies. The U.S. phone service provider added 217 million total subscribersContinue Reading
  Author: Matteo Del Fante, CEO, Poste Italiane January 27, 2023 Despite postal services being essential for bridging the gaps between individuals, organisations, and governments around the world, the sector is currently facing its biggest obstacles yet: climate change and digital disruption. The sector, which possesses all the qualifications neededContinue Reading
Updated at 4:39 pm EST Tesla (TSLA) – Get Free Report posted stronger-than-expected fourth quarter earnings Wednesday, and even as cost cuts ate into the group’s profit margins CEO Elon Musk said he plans to outpace his forecast for a 50% annual delivery growth rate. Tesla said adjusted earnings for the threeContinue Reading
(Bloomberg) — Microsoft Corp. said revenue growth in its Azure cloud-computing business will decelerate in the current period and warned of a further slowdown in corporate software sales, fueling concern about a steeper decline in demand for the products that have driven its momentum in recent years. Most Read fromContinue Reading
Clean tech and green energy sectors are on the cusp of a strong multiyear growth run. That’s the opinion of Morgan Stanley’s 5-star analyst Stephen Byrd who notes that political will is likely to support the practical benefits of clean and renewable energy to create a favorable environment for ‘cleanContinue Reading
The Bund in Shanghai, China, on Oct. 17, 2022. China’s gross domestic product grew 3% in 2022, less than half of 2021’s rate. Qilai Shen | Bloomberg | Getty Images China’s economy looks poised for a rebound in 2023, but a lot depends on one variable — the consumer, said investmentContinue Reading
(Bloomberg) — Asian stocks and US equity futures edged lower as traders digested data that showed China’s economy growing at the second slowest pace since the 1970s. Most Read from Bloomberg An Asian equity benchmark dipped for the second day, with the Hang Seng Index down more than 1%. ContractsContinue Reading
Adobe shares rose as much as 4% late on Tuesday after the software maker issued guidance for the next fiscal year that fell short of expectations, but blamed some of the shortfall on a stronger dollar and unfavorable foreign exchange rates. For the 2023 fiscal year, Adobe called for $15.15Continue Reading
Transcript Nigeria’s Zenith Bank group reported growth of 10 percent in gross earnings and in profit before tax in 2021 – a remarkable achievement considering the ongoing economic impact of the pandemic. Group Managing Director Ebenezer Onyeagwu discusses the ways the bank is innovating and its post-pandemic strategy. Watch theContinue Reading
Tesla (TSLA) notched a big jump in China sales and exports last month, an industry group confirmed Thursday, as the carmakers Shanghai gigafactory returned to full pace following shutdowns linked to Covid restrictions and a scheduled upgrade. The China Passenger Car Association (CPCA) said Tesla sold 76,995 China-made cars lastContinue Reading