German Lindauer Dornier ITMA Asia 15-06-2021-min - Arhive

June 15, 2021

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Technology

Apple sales fall less than expected, CEO sees return to growth May 3, 2024
Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of its stock. The buyback is the largest in the company's history, according to Investing.com analyst Thomas Monteiro.
Premji Invest eyes Nainital Bank stake; Ranjan Pai may back Rupeek May 3, 2024
Happy Friday! Azim Premji’s family office is eyeing a majority stake in Bank of Baroda-owned Nainital Bank. This and more in today’s packed edition of ETtech Morning Dispatch.
Premji Invest in advanced talks for big stake in Bank of Baroda’s Nainital Bank May 3, 2024
Premji Invest in talks to acquire majority stake in Nainital Bank at around Rs 800 crore. Public sector lender Bank of Baroda, which owns around 98% of Nainital Bank, is expected to divest its entire shareholding
Midcap IT companies buck the trend to add more employees May 3, 2024
Mid-sized IT firms showed workforce growth in fiscal 2024, contrasting major Indian IT firms' decline. Demand rose for tech services from domestic and global sectors. Automation may impact headcount. Mid-tier firms excel in engineering services with strong growth.
Govt seeks inputs from industry to design more here May 3, 2024
Government collaborates with industry to boost electronics manufacturing in India, focusing on domestic value-add and encouraging smartphone and notebook design ecosystem. Emphasis on intellectual property and localization for global market competitiveness.
Ranjan Pai, Axis Bank may back gold loan startup Rupeek May 3, 2024
Claypond Capital, Axis Bank, and new investors plan to invest in Rupeek at a reduced valuation. Investment details are being finalized, with existing investors also considering selling shares. Rupeek previously raised funds from 360 One at a significant discount.
Israeli cyber startup Apex gets initial investment from OpenAI's Sam Altman May 2, 2024
Israeli start-up Apex, securing AI tools, received funding from OpenAI CEO. $7M seed funding led by Sequoia Capital, Index Ventures. Addressing data protection, AI threats, privacy, compliance. Focus on product development, hiring, marketing.
Apple to extend new core technology fee to iPadOS apps May 2, 2024
Apple extends core technology fee to iPadOS apps under EU rules, with exemptions for small developers, non-profits, and limited install apps. The fee applies to App Store, Web Distribution, and global revenue developers.
Wipro promotes Hari Shetty as chief strategist and sales officer May 2, 2024
Wipro named Hari Shetty as Chief Strategist. The Bengaluru-headquartered firm makes first CXO appointment under new CEO Srinivas Pallia.
Coforge’s net profit declines 6% to Rs 223 crore May 2, 2024
Coforge's net profit declined in Q4 FY24 but annual profit rose significantly. Revenue increased, and margins improved. The company plans to acquire Cigniti Technologies to enhance revenue and operating margins, aiming for $2 billion by 2027.

CNN Economy

Goldman Sachs slants research to help Democrats, top White House adviser says October 2, 2018
Kevin Hassett, President Donald Trump's top economic adviser, suggested Goldman Sachs may be slanting its economic research to help Democrats ahead of the midterm elections.
Land O'Lakes CEO Beth Ford, from the cornfield to the C-suite October 1, 2018
Land O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files.
The next big test for Elon Musk arrives this week September 30, 2018
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The next big test for Elon Musk arrives this week September 30, 2018
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CEOs are cashing in on the market boom September 26, 2018
Corporate insiders at US companies have dumped $5.7 billion of stock this month, the highest in any September in the past decade, according to TrimTabs.
General Electric is in a sharp decline September 26, 2018
Read full story for latest details.
Why investors aren't freaking out about inflation September 25, 2018
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CNN MARKETS

Premarket: 7 things to know before the bell October 4, 2018
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Why it's time for investors to go on defense October 4, 2018
Howard Marks, co-chairman of Oaktree Capital, explains why investors should start treading lightly.
Barnes & Noble stock soars 20% as it explores a sale October 3, 2018
Barnes & Noble jumped more than 20% after it said it would review a sale of the troubled company.
Aston Martin falls 5% in London IPO October 3, 2018
Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion.
Honda teams up with GM on self-driving cars October 3, 2018
Read full story for latest details.
Toys 'R' Us brand may be brought back to life October 3, 2018
Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands.
Tencent Music plans to go public on US exchange October 3, 2018
It dominates the music streaming market in China through its QQ Music, KuGou and Kuwo platforms.