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Microsoft sees cloud computing business growth

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Microsoft beat Wall Street's profit estimates, as the company's cloud computing business expanded, but took a one-time charge of $13.8B due to the new US tax law.
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01 Feb 2018

Sears stands off up to 220 employees

Sears Holdings, a struggling US retailer, has laid off around 220 of its employees at Hoffman Estates headquarters, following the company's restructuring plan as it seeks to regain profitability.

01 Feb 2018

Tencent group to provide $1.6M to Heilan

Tencent Holdings was leading an agreement to invest $1.6M in China's menswear company Heilan Home, raising a retail rivalry with Alibaba.

01 Feb 2018

Facebook projects higher ad sales despite weakening usage

Facebook suggested reassurances to investors that the company's ad business is set to remain profitable, despite a decrease in usage.