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US economic growth slows more than expected in first quarter

U.S. economic growth slowed more than expected in the first quarter, but an acceleration in inflation suggested that the Federal Reserve would not cut interest rates before September.

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Meta More than Doubles Profit in First Quarter

Facebook and Instagram parent company Meta has said its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6 percent increase o

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LTTS Q4 Results: Net profit grows marginally to Rs 340 crore

​L&T Technology Services (LTTS) on Thursday reported a marginal 0.2 per cent growth in net profit for the March quarter at Rs 340 crore on slower revenue growth and narrowing of margins. The company said it is planning to add 500 employees during the April-June period.

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Tech Mahindra: Tech Mahindra to hire 6,000 freshers in FY25

Total headcount for Tech Mahindra declined by 795 from the previous quarter to 145,455, and falling by 6,945 from 152,400 employees a year ago.

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US growth slowed sharply last quarter

The US economy slowed sharply last quarter to a 1.6 per cent annual pace in the face of high interest rates, but consumers — the main driver of economic...

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Microsoft profit up 20% amid AI push, Google parent pays first dividend

Microsoft says its profit rose 20 per cent for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence...

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Heineken beer: UBL shares soar as Heineken sells more beer in Q1, sticks to outlook

Shares of United Breweries rose after Heineken surpassed Q1 beer volume expectations, marking its first year-on-year growth in a year with a 4.7% increase. CEO notes all regions posted higher volumes and net revenue, aided by an earlier Easter and one-off effects. Despite a positive start, Heineken remains cautious due to challenging economic conditions and uncertain outlook.

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Eni reports 1st-quarter net profit of 1.58 bn - Business

Italian energy giant Eni said Wednesday that it made a higher-than-expected net profit of 1.58 billion euros in the first quarter of this year. (ANSA)

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