Walmart Inc WMT.N said on Tuesday it was optimistic about its holiday sales prospects in a pandemic-ridden year after the big-box retailer beat Wall Street expectations for quarterly results as…
Category: Business
SoftBank’s Son wants to deploy cash on public and private firms
SoftBank Group Corp 9984.T Chief Executive Masayoshi Son said on Tuesday he is sitting on about $80 billion in cash for investment opportunities and share buybacks, and vowed to stick…
Support for MAX brand wavers as Boeing jet nears green light
Boeing Co is set to win approval for its grounded 737 MAX this week, but chinks are appearing in the brand as the most traumatic chapter in the jetmaker’s history…
Air France-KLM in talks on $7 billion cash raise: Le Monde
Air France-KLM is discussing plans to raise another 6 billion euros ($7.1 billion) from its two government shareholders and other investors, French newspaper Le Monde reported on Tuesday. The airline…
Vivad Se Vishwas Scheme Garners Rs 72,480 Crore Tax to Govt So Far
The government has garnered Rs 72,480 crore so far through the direct tax dispute resolution scheme Vivad Se Vishwas, sources said. A total of 45,855 declarations have been filed under…
TCS Shareholders Approve Up to Rs 16,000 Crore Share Buyback Plan
India's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said its shareholders have approved its up to Rs 16,000 crore share buyback plan. Last month, TCS' board of…
Apple To Cut App Store Fees As Legal Scrutiny Intensifies
Apple will cut its app store commissions in half for most developers beginning next year amid an intensifying debate about whether the iPhone maker has been using the fees to…