Demand for electric vehicles and connected-car technologies boosted sales of BlackBerry’s auto software. Overall revenue fell 3.4% to $168 million but topped analysts’ average estimate of $160.7 million. Net loss widened to $181 million, or 35 cents per share, from $62 million a year earlier. Canada’s BlackBerry Ltd (BB.TO), bested Wall Street gauges for first-quarter … Read more
In line with the mounting inflationary pressures and the anticipated slowdown in the gross domestic product (GDP) boom, financial planners are having difficulty preparing the budget for the next monetary year 2022-23, The News said Wednesday. Keeping in view the triumphing situation, the general public will in all likelihood keep facing double-digit inflation in the … Read more
RIYADH: Annual inflation rate in Saudi Arabia hit 1.1 per cent in November, up from 0.8 per cent in the previous month, Arab News quoted Gastat report, as saying. This is the highest level since June and the third month in a row in which inflation rate rose, yet it remains within analysts’ expectations. Specifically, … Read more
Consumer prices in the Gulf Cooperation Council states are projected to have risen 2.1 per cent in 2021, compared with 1.2 per cent in 2020, Arab News quoted a report by the GCC Statistical Centre revealed. Looking forward, inflation rate forecasts for 2022 and 2023 are predicted at 1.8 per cent and 2.6 per cent, … Read more
