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Invesco on Tuesday reported a 14.4% drop in first-quarter profit as the asset manager's fees took a hit from customers shifting towards lower-yield products. Investment management fees,...
Philip Morris International on Tuesday surpassed market expectations for first-quarter profit and revenue, helped by robust demand for its heated tobacco product and Zyn nicotine pouches. ...
Prosus-backed PayU Payments said on Tuesday it had received the Reserve Bank of India's in-principle approval to operate as a payment aggregator and onboard new merchants onto its platform. ...
(Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a person familiar with the matter. Hashicorp's stock surged 24%, giving it a market value of $6.1 billion, after the Wall Street Journal first reported the talks. Under CEO Arvind Krishna, IBM has focused on acquisitions to build out its cloud offerings.
(Reuters) - International Business Machines is nearing a deal to buy cloud software provider HashiCorp, the Wall Street Journal reported on Tuesday. Shares of HashiCorp rose more than 7% following the news, while Big Blue's shares were marginally l...