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Google parent books $2.7B fine as European fight looms

Google parent Alphabet is taking a $2.7 billion write-down to cover a large fine EU antitrust enforcers assessed in June . While the search giant can shrug off the cost, uncertainty lingers over its ability to operate freely ...

Philips profits plunge 32.9% in second quarter

Dutch electronics giant Philips Monday posted a 32.9 percent fall in second quarter profits, hit mainly by the costs of spinning off its lighting business last year.

India's TCS profits fall by 6 percent

India's largest IT services firm Tata Consultancy Services reported a nearly 6 percent fall in quarterly earnings Thursday owing to a strengthening rupee, the company said.

India's TCS records fourth quarter profit

India's biggest IT sourcing firm Tata Consultancy Services (TCS) reported a 4.2 percent increase in quarterly earnings on Tuesday, just missing analysts' estimates.

Yahoo quarterly profit more than doubles

Yahoo beat expectations on Tuesday with quarterly earnings that showed profit more than doubled to $163 million despite only a slight rise in revenue.

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