Thursday , November 28 2024

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Google, Microsoft top expectations as AI rivalry heats up

Google, Microsoft top expectations as AI rivalry heats up

Google parent company Alphabet beat market expectations in the first quarter of 2023 with a net profit of $15 billion, the company said on Tuesday, in a sign that the search engine behemoth is regaining its footing. The tech titan has found itself under pressure due to a general slowdown …

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Government wants Agribank’s capital hiked by 50%

Government wants Agribank’s capital hiked by 50%

The government plans to increase Agribank’s charter capital by nearly 50% to VND51.43 trillion (US$2.19 billion). It has instructed the State Bank of Vietnam to draft and present plans for this to the National Assembly in May. The hike is meant to take the bank’s capital adequacy ratio, now slightly …

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