Shares of Salesforce rise by 16 per cent, exceed Wall Street forecasts

The shares of cloud software developer, Salesforce, have reportedly risen by 16%, beyond Wall Street expectations. The revenue of Salesforce grew by 14% Y-o-Y in the fourth quarter ended January 31st. The company had a loss of USD 98 millio....

Google announces breakthroughs in quantum computing operations

Google, the most used search engine, has made significant strides in the use of quantum computers for practical applications. Engineers behind the breakthrough have stated that there will be a significant shift in the use of quantum compute....

British Gas’s parent Centrica posts record profit as energy bills hike

Centrica, the U.K.-based electric services company and the owner of British Gas, has reportedly recorded profits for the 2022 fiscal year. Apparently, the corporation reported operating profits of £3.3 billion (US$3.9 billion), up ....

Disney to release sequels of Toy Story, Frozen to surge streaming biz

Disney, the prominent American mass media and entertainment company has reportedly announced to make sequels of Frozen, Toy Story, and Zootopia, in a bid to turn up the streaming business. Disney’s CEO Bob Iger stated that the anim....

Centrica apologizes after debt collectors forced prepay meters on the poor

Centrica, the well-known energy giant and the parent firm of British Gas, has reportedly apologized after a probe found that the firm sent debt collectors to break into the homes of struggling families forcing them to install prepayment met....

National Grid shuts down coal power stations as France raises alarm

The National Grid has reportedly shut coal plants ordered to fire up on Thursday when the network operator of France raised the alarm about the implications of strike action. Two plants at Drax in Yorkshire as well as one located at West....

NSW mandates coalminers to set aside 10% of output for domestic users

New South Wales, Australia, has reportedly demanded that thermal coal miners must keep aside up to 10% of their production for domestic customers in order to make price cap implications more equal throughout the industry. The decision, w....

Fossil fuel companies must cut back CO2 emissions, claim scientists

A group of scientists have reportedly argued that fossil fuel firms will be required to take back the carbon dioxide released from their goods, giving them direct accountability for restoring the climate. Though widely accepted, the idea....

Samsung’s profit can nosedive 50% while posting Q4 earnings guidance

Samsung Electronics, the South Korean electronics giant, can reportedly expect a drop in profits when it releases its fourth-quarter sales forecast this week, as prices for critical memory chips remain low due to sluggish demand. As per ....

Environment Canada projects heavy rains for Southwest British Columbia

For the first time in several weeks, no weather warnings or alerts have been announced in British Columbia, and the flood warnings on the southern coast have been withdrawn. However, the Environment Canada has speculated more heavy rain con....