Shares in Indian outsourcing giant Infosys sank by seven percent on Thursday after the latest departure of one of the company's senior managers.
Shares in Indian outsourcing giant Infosys climbed nearly four percent on Thursday after the company announced a new chief executive who will take over in August.
A major air show in Sao Paulo this week turned the spotlight on the robust health of Brazil's general aviation market, which is thriving despite the global economic slowdown.
The repercussions of Apple's billion-dollar patent victory over Samsung were still being felt at Europe's biggest consumer electronics show, as the South Korean firm launched a host of new gadgets.
The employee turnover rate in India's notoriously job-hopping outsourcing sector has fallen sharply as a weak global economy hits the flagship industry, a study on Monday showed.
Profit at India's Infosys Technologies rose 4.9 percent in dollar terms for the September quarter, the company said Friday, missing expectations amid tepid demand from global clients struggling with economic uncertainty.
India's third-largest software firm Wipro on Tuesday said net profit climbed 18 percent in the fiscal first quarter but said the global outlook remained uncertain after it gave a muted revenue outlook.
Europe's new Vega rocket, which can place a 1.5-ton satellite into low-Earth orbit, is expected to see its first launch early next year, Arianespace chief Jean-Yves Le Gall said Thursday.
South Korea's Samsung Electronics will this year focus on developing new products and tapping into new businesses to get ahead of competitors amid the global economic slowdown, its chairman said Monday.
(AP)—Business software maker SAP AG said net profit grew 10 percent in the second quarter to 724 million euros ($948 million) despite the economic slowdown in Asia.