Levi Strauss posted quarterly revenue and earnings above Wall Street projections. Company claimed to have benefited from Americans’ preference for more lenient dress regulations. In after-hours trading, its shares were up almost 4% at $17.08. The garment business known for its denim, Levi Strauss, posted quarterly revenue and earnings on Thursday that above Wall Street … Read more
SAN FRANCISCO: Microsoft on Tuesday posted revenues of $51.7 billion, a 20 per cent increase on a year-on-year basis for the quarter ending December 31, 2021. The company’s quarterly net income was $18.8 billion, up by 21 per cent year-on-year. Its operating income was up 24 per cent to $22.2 billion. Revenues in productivity and … Read more
India’s Gross Domestic Product (GDP) growth has slipped to a 26-quarter low of 4.5 per cent in the second quarter (July-September) of the current fiscal, data released by National Statistical Office (NSO). The GDP growth rate has now slowed for the sixth consecutive quarter with the previous low recorded at 4.3 per cent in March … Read more
