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IBM first-quarter results beat estimates Posted by: superadmin - 04-20-2022, 11:03 AM - Forum: Business, Economy and Investment - No Replies IBM beat consensus on the top and bottom lines. The technology services company offloaded Watson health-care assets to a private-equity firm in the quarter. The stock has outperformed the S&P 500 so far this year. IBM shares rose 3% in extended trading on Tuesday after the technology services company issued first-quarter results that beat expectations. Here’s how the company did: Earnings: $1.40 per share, adjusted, vs. $1.38 per share as expected by analysts, according to Refinitiv. Revenue: $14.2 billion, vs. $13.85 billion as expected by analysts, according to Refinitiv. Revenue in the period rose 7.7% from a year earlier, IBM said in a statement. This is the company’s first full quarter without the managed infrastructure services business it spun off into an entity called Kyndryl. Sales to Kyndryl added 5 percentage points to revenue growth in the quarter. But Kyndryl won’t be delivering growth after October, CEO Arvind Krishna said on a call with analysts. - More -   Racism, landlords and tenants: two views on new law Posted by: superadmin - 04-20-2022, 10:26 AM - Forum: Stop Racism and Religious Bigotry - No Replies PETALING JAYA: A proposed new law on tenancy of rented houses, which is to deal with racism in the housing market, has drawn two opposing views on when it should be taken to Parliament. A representative of house buyers, Chang Kim Loong, says the government should focus on the economy instead as the law will not be able to reduce racial discrimination in the housing market. - More -   EPL Highlights: Liverpool 4 - 0 Manchester United Posted by: superadmin - 04-20-2022, 09:55 AM - Forum: Football - No Replies   Anwar will lead PKR for at least one more GE, says Fahmi Fadzil Posted by: superadmin - 04-20-2022, 09:04 AM - Forum: Politics - No Replies PETALING JAYA: Anwar Ibrahim will head PKR for at least one more election cycle as part of a succession plan, the party’s communications director said. “Yes, we have a very clear succession plan actually,” Fahmi Fadzil said when asked whether PKR, which critics label an “Anwar party”, had plans to bring in new leaders. He added that the plan was laid out by Anwar himself at a party leadership retreat in February, before the Johor state assembly elections. - More -   10-year-war vow points to more uneasy direction of Russia-Ukraine conflict Posted by: superadmin - 04-19-2022, 06:38 PM - Forum: Politics - No Replies Over 50 days have passed since the outbreak of the Russia-Ukraine conflict. The temperature of the tensions is on the rise. Reports show the EU is about to step up their sanctions against Russia. And Ukrainian President Volodymyr Zelensky said Ukraine can fight Russia for "10 years." He might want to convey the message that Ukraine can hold on. Yet there is one big question: Will Europe keep it company? In an interview with CNN aired on Sunday, Zelensky made the "10 years" statement, asking Western countries for more equipment, saying "it needs to be delivered very quickly." It is exactly due to the continuous flow of economic and military aid from the US and NATO that has prolonged the military conflict, cheering Ukraine up to fight a 10-year war. But it is in the end an illusion. How long will the conflict last; how many missiles can Ukraine make use of; and how much ability does the country have to keep fighting Russia - depending on how many more weapons the US and NATO are willing to supply to Ukraine, Shen Yi, a professor at Fudan University, told Global Times. "But those countries never pledged the assistance is for free. In the long run, how would Ukraine pay them back?" Shen asked. - More -   The cryptocurrency conundrum – Rajan Navaratnam Posted by: superadmin - 04-19-2022, 06:14 PM - Forum: Business. Economy and Investment - Replies (2) “Who to himself is law, no law doth need, offends no law, and is a king indeed” – George Chapman DEPUTY Finance Minister I Datuk Mohd Shahar Abdullah had recently stated that Malaysia has no intention of legalising cryptocurrency such as bitcoins due to a myriad of circumstances such as price fluctuations. His statement had come about after the Communications and Multimedia Ministry had put forth the proposal that cryptocurrency ought to be recognised as legal tender. The debate on cryptocurrency as the future of money was again ignited and had propelled into the international spotlight after Russia invaded Ukraine, raising questions over whether cryptocurrency would be used to circumvent sanctions imposed against Russia by the European Union and Western nations. From a Malaysian perspective, whether cryptocurrency ought to be recognised as legal tender is for the government to decide on what is best for Malaysia. However, whether cryptocurrency is regarded as legal tender is not cardinal – but instead the government would have to act swiftly to enact and implement specific laws to deal with the rapid growth and use of cryptocurrency globally. - More -   America Wants War with China - Why This American is Saying No! Posted by: superadmin - 04-19-2022, 01:02 PM - Forum: Politics - No Replies   China Won't Give Up It's Zero Covid Policy....Here is Why Posted by: superadmin - 04-19-2022, 12:55 PM - Forum: Covid-19 Pandemic - No Replies   Anwar: ‘Formidable’ majority shelved over my conditions on judicial intervention Posted by: superadmin - 04-19-2022, 09:24 AM - Forum: Politics - No Replies KUALA LUMPUR – During the political turmoil of 2020, which was triggered by the infamous Sheraton Move, Datuk Seri Anwar Ibrahim had claimed he possessed a “strong, formidable and convincing majority” to form a government. Today, despite being mocked over his claim, the opposition leader maintained that his announcement back then still holds true, seeing that the support letters from the party chiefs involved are in his possession. He added that these documents will be revealed at a later date. Although he had “the numbers” to assume office as prime minister, Anwar indicated that his bid to wrest Putrajaya was shelved due to some “conditions” that were laid out to the politicians involved at the time. He said there was an agreement on the matter but the conditions that Pakatan Harapan (PH) had set could not be compromised. “We rejected shallow racial policies, we rejected corruption, and we must follow the governance and leadership (of PH). “There was also another condition to prevent the hijacking of the government, which had happened before,” the Port Dickson MP said during a special interview with The Vibes, Malaysiakini, and Sinar Harian at his office in Bukit Gasing, yesterday afternoon. - More -   Trailblazing marathon mum who survived cervical cancer Posted by: superadmin - 04-19-2022, 09:14 AM - Forum: Inspiring Stories - No Replies PETALING JAYA: With marathon woman Karen Loh Kher Heem, 52, the wonders never cease, just as when she battled cervical cancer and kept running. Her health ordeal merely slowed, but never stopped, her insatiable hunger for running. The former lawyer, who was diagnosed with cervical cancer in July 2017, returned to running two months after her surgery and ran up to three kilometres during her chemotherapy. Upon being declared cancer-free, she took part in the 2019 London Marathon, adding to her exploits at major marathons in Berlin (2013), Chicago (2014), Sydney (2016/2018) and Shenzhen (December 2017/2019). - More - Pages (1345): « Previous 1 … 856 857 858 859 860 … 1345 Next » Jump to page: