Off the Wire
Tata Consultancy Services reports record quarterly net profit
Tata Consultancy Services, India’s biggest listed company by market capitalisation, reported a record quarterly net profit, helped by gains in BFSI segment. Read more…
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News
Korean giants LG and Samsung report significant drop in profits
LG Electronics reports fourth-quarter profit likely plummeted 80% while Samsung estimated a 29% drop in quarterly profit due to decreased demand. Read more…
News
Electric cars poised to boom but where’s the profit?
PARIS (Reuters) – Electric cars are poised to arrive en masse in European showrooms after years of hyped concept-car launches and billions in investment by automakers and suppliers. Now comes the hard part: selling them Read more…