FILE PHOTO: Lisa Su, AMD President and CEO, delivers keynote speech at CES 2019 in Las Vegas, Nevada, USA, January 9, 2019. REUTERS / Steve Marcus (Reuters) – Advanced Micro Devices Inc (AMD.O) Boosted its full-year revenue forecast on Tuesday, fueled in part by an overall surge in demand for …
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(Reuters) – U.S. oil refineries are expected in the next few days to report the worst second-quarter results in a decade, with output exceeding demand, while pandemic-related closings have undermined trips by summer. FILE PHOTO: Valero Energy Corp. service station shown in El Cajon, California, USA, August 8, 2017. REUTERS …
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NEW YORK (Reuters) – US investment bank Goldman Sachs Group Inc is adopting a performance appraisal system that will rate up to 10% of its 39,000 employees as underperforming this year, according to an internal memo sent Monday, which It could generate more job cuts in 2021 than the bank …
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FILE PHOTO: People are seen inside a Huawei store in a shopping mall in Beijing, China, July 14, 2020. REUTERS / Tingshu Wang (Reuters) – Chinese telecommunications company Huawei Technologies Co has cut its 2020 India revenue target by up to 50% and is laying off more than half of …
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(Reuters) – International Business Machines Corp (IBM.N) topped second-quarter profit estimates on Monday, noting that demand for their cloud computing business would increase as large corporations accelerate their digital change due to the coronavirus crisis. FILE PHOTO: A man stands near an IBM logo at the Mobile World Congress in …
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