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Autor: Jane Austen
By Ludwig Burger (Reuters) – SAP, Europe’s largest software maker, said on Tuesday it was more optimistic about its financial results this year due to faster growth in cloud computing and artificial intelligence. The group said it expects operating profit in 2025, on a constant currency basis, to be between 10.3 billion euros and 10.6 billion euros ($10.75 billion-$11.06 billion). SAP previously said its 2025 «ambition» was for operating profit of about 10.2 billion euros, total revenue of more than 37.5 billion euros and more than 21.5 billion euros in cloud revenue. «Our strong position in data and Business AI…
Rome CNN — A man who made an art of living off the grid on a deserted Mediterranean island for more than 30 years has died at the age of 85, just three years after he returned to civilization. Mauro Morandi was nicknamed Robinson Crusoe by the media after being identified as the sole resident of Budelli island, an old World War II shelter off the Italian island of Sardinia. He prided himself on his solitary life. Morandi stayed on the island as its primary caretaker shortly after he shipwrecked his catamaran while attempting to sail to Polynesia in 1989…
The online greetings card company is hoping to build its brand awareness through a bold new look and the introduction of its own brand characters. Thortful has given its visual brand identity a makeover as it celebrates a decade of trading with a new look to “evolve” the brand and create greater distinctiveness. The online greetings card company has carved a niche in a competitive category by partnering with over 6,000 creators who design the cards the company sells for a cut of the profits. For its marketing director Sarah Pearce, who has been at the business since its outset,…
By Davide Barbuscia (Reuters) – A look at the day ahead in Asian markets. The U.S. tech juggernaut suffered a sharp setback on Monday, setting global markets up for a volatile ride this week, with mega-cap earnings on deck, the Fed’s meeting, and lingering uncertainty over U.S. President Donald Trump’s trade policies. U.S. stocks tumbled on Monday, led by tech shares, as the growing buzz around Chinese startup DeepSeek’s low-cost AI model sparked concerns about the sector’s high valuations. Selling on Asian exchanges outside China spilled over into U.S. stock futures. The S&P 500 dropped about 1.5% after hitting an…
Poco F7 series has been in the rumour mill for quite some time now. The Xiaomi sub-brand is yet to confirm the arrival of the Poco F7, Poco F7 Pro, and Poco F7 Ultra, but it appears that select Poco F series smartphones may be come to every market. As per a tipster, Poco may only launch one F7 variant in India. The Poco F7 Pro appears to share its specifications with the Redmi K80, while the Poco F7 Ultra is similar to the Redmi K80 Pro. Tipster Yogesh Brar (@heyitsyogesh) on X hinted that the Poco F7 Pro and Poco F7 Ultra…
Australian MGA Agile hires industry veteran Richard Hardy to head property January 28 2025 by InsuranceAsia News Australian MGA Agile Underwriting has appointed Richard Hardy as its new global head of property, a company statement said.An industry veteran for over 35 years, Hardy has joined the firm from Argent… To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company may already have a corporate license in place. Already a Subscriber? Please Login Join the mailing list Designed to help you stay ahead, our daily newsletter provides a round-up…
DeepSeek became the most downloaded app on Apple’s App Store in the US on Monday.VCG/VCG via Getty Images US stocks erased more than $1 trillion in market cap on Monday amid the DeepSeek-fueled sell-off. The Chinese startup debuted an AI model on par with US rivals and developed at a lower cost. Tech stocks plunged, with Nvidia losing around $589 billion in market cap. US stocks plummeted on Monday as traders fled the tech sector and erased more than $1 trillion in market cap amid panic over a new artificial intelligence app from a Chinese startup. The S&P 500 nearly…
Premier Foods has mitigated the impact of private label competitors by offering consumers what its CEO claims are “genuinely superior products” as a result of innovation and branding. Speaking to investors today (21 January), CEO Alex Whitehouse detailed a “very good quarter” for the three months ended 28 December 2024. Its group sales were up 3.1% versus the prior year to £360.1m, while sales on its brands increased 4.6% year-over-year. The company, which owns brands including Bisto, Mr Kipling and Sharwoods, highlighted its volume-led growth as a particular success. Premier Foods grew volume sales of its branded products by 9%…
Marten’s truckload segment returns to profitability in the fourth quarter. (Photo: Jim Allen/FreightWaves) Refrigerated carrier Marten Transport reported sequential improvement in truckload trends during the 2024 fourth quarter, with earnings inflecting positively sequentially for the first time since the second quarter of 2022. Marten (NASDAQ: MRTN) reported earnings per share of 7 cents Monday after the market closed, 1 cent better than the consensus estimate but 8 cents lower year over year. Gains on the sale of equipment were $1.4 million lower y/y, or approximately a 1-cent headwind. The company recorded net earnings of 5 cents per share in the…
Lava Yuva Smart was launched in India on Monday. It is the latest addition to the company’s Yuva lineup and is aimed at entry-level smartphone adopters in the Rs. 10,000 and below segment. It features a 6.75-inch screen that supports a refresh rate of 60Hz. Lava claims that the Yuva Smart has a 13-megapixel dual rear camera setup which gets artificial intelligence (AI) support. Notably, it is the second device launched by the India-based smartphone maker in its Yuva lineup in recent months, following the introduction of the Lava Yuva 2 5G in December.Lava Yuva Smart Price in IndiaLava Yuva…
