Microsoft Corporation has announced that its profit went down 12 per cent year-on-year to USD 16.4 billion during the quarter ended December 2022 and that its revenue rose 2 per cent y-o-y to USD 52.7 billion in the reviewed period.
A government official said that the remaining loan repayment requirements and external financing of managing the current account deficit to the tune of USD 8 to USD 10 billion cannot be raised of the stalled IMF programme.
Microsoft, an early investor in OpenAI, said it plans to expand its existing partnership with the OpenAI as part of a greater effort to add more artificial intelligence to its suite of products, according to CNN report. In a separate blog post, OpenAI said the multi-year investment will be u
(Georgia) [US], January 23 (ANI/NewsVoir): Titan CEO and headline sponsor Wipfli LLP are pleased to announce Sanjay Sehgal, Founder, Chairman and CEO, MSys Technologies, as a 2023 Georgia Titan 100. The Titan 100 program recognizes Georgia's Top 100 CEO's & C-level executives. They are t
New Delhi [India], January 23 (ANI/NewsVoir): Retail pharmacies are an integral component of India's healthcare ecosystem and are thriving at the moment. During the outbreak of the COVID-19 pandemic, people realised that health care was a significant concern and that the retail pharmacy spac
New Delhi [India], January 23 (ANI/PNN): Every year the world produces approximately two billion tonnes of steel and leaving a huge footprint of carbon emission in the air. Reduced or zero emission of carbon footprints in the environment are being tried to convert to development of green hyd
China's Ministry of Transport estimates over 2 billion passenger trips will take place during the 40-day Lunar New Year season as people across the country will be travelling domestically and abroad for the first time without travel restrictions since the start of the pandemic over three yea
India, the world's third-biggest oil importer buys over 85 per cent of its oil needs from overseas. Indian refiners are investing billions of dollars to upgrade their plants to meet rising fuel demand in Asia's third-largest economy.
The News International newspaper reported that Pakistan is facing an acute shortage of dollars and has less than USD 5 billion in its reserves with its State Bank. The report said this is hardly sufficient to finance three-week of its imports. Last year, the imports of these transportation v
On January 6 the Forex reserves in the State Bank of Pakistan (SBP) touched the lowest mark of USD 4.343 billion just enough for two weeks. The recurring economic crises in Pakistan are primarily caused by a persistent fiscal deficit, which is a result of the government's tendency to overspe