India’s Reliance Industries plans to remain focused on subscriber additions rather than chase higher tariffs for its Jio telecoms business, a top company executive said.
HDFC Bank net profit rises 21% in June quarter
HDFC Bank Ltd, the largest private lender in the country, registered a 21% net profit rise for the June quarter on the back of strong retail lending, it said on Saturday.
Jet Airways’ lenders approve interim finance plan for the carrier
Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs, as resolution experts look to find a potential buyer.
Wall Street opens lower as Netflix plunges
U.S. stocks opened lower on Thursday as shares of streaming pioneer Netflix tumbled, kicking off earnings for the FAANG group of stocks on a sour note.
Microsoft, AT&T ink cloud deal worth more than $2 billion
Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications firm will tap Microsoft’s Azure cloud service for its computing needs and provide Office 365 software to much of its 268,000-strong workforce.
Oil steadies as U.S. supply concerns ease but Iran tensions loom
Oil prices steadied on Tuesday as a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply from shale oil countered tensions in the Middle East.
Symantec, Broadcom cease deal negotiations: CNBC
Cybersecurity company Symantec Corp and chipmaker Broadcom Inc have ceased deal negotiations, CNBC reported on Monday, citing sources.
Sterling would rise under Labour government: Labour finance chief
Sterling would rise if the opposition Labour Party won an election, the party’s finance policy chief John McDonnell told the Sunday Times, playing down the idea that a socialist government could trigger capital flight.
Japan-South Korea feud deepens with disputed accounts of trade meeting
A row between Japan and South Korea escalated on Saturday, with contested accounts of a frosty meeting the day before that had failed to make progress on a dispute that could threaten global supplies of microchips and smartphone displays.
Oil prices firm on tropical storm and geopolitical tensions
Oil prices edged higher on Friday and were on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half their output because of a tropical storm and as tensions continued to simmer in the Middle East.