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Satellite firm SES to buy Intelsat for $3.1 billion, debt concerns sink shares

By Olivier Sorgho (Reuters) - Satellite company SES has agreed to buy Intelsat Holdings for $3.1 billion in a deal that would create a major European player but raised investor concerns around debt,

Huawei Technologies’ first-quarter net profit surges 564% y/y

BEIJING (Reuters) - Huawei Technologies posted a first-quarter net profit of 19.65 billion yuan ($2.71 billion) on revenue of 178.45 billion, a filing showed on Tuesday. Its net profit surged by 564%

Thales could be tempted by Atos defence assets, says CFO

By Tim Hepher PARIS (Reuters) -French defence group Thales opened the door on Tuesday to buying part of the strategic assets of troubled IT company Atos while Czech businessman Daniel Kretinsky also

Gartner raises annual profit forecast on steady demand for IT services

(Reuters) - Information technology consultant Gartner beat first-quarter profit and raised its annual earnings forecast on Tuesday, as it expects to benefit from steady demand for its research and

Facebook, Instagram in EU crosshairs for election disinformation

By Foo Yun Chee BRUSSELS (Reuters) - Meta Platforms' Facebook and Instagram have failed to tackle deceptive advertising and disinformation in the run-up to European Parliament elections, the European

Facebook, Instagram in EU crosshairs for suspected tech rule breaches

By Foo Yun Chee BRUSSELS (Reuters) - Meta Platforms' Facebook and Instagram have failed to tackle deceptive advertising and disinformation ahead of key European Parliament elections, the European

Binance’s CEO Zhao faces sentencing over money laundering violations

WASHINGTON (Reuters) - The former chief executive of Binance, the world's largest cryptocurrency exchange, could face years in prison when he is sentenced on Tuesday after his guilty plea to violating

Amazon.com may be feeling pressure to join the dividend club

By Lewis Krauskopf NEW YORK (Reuters) - E-commerce titan Amazon.com may be under increasing pressure to offer investors a dividend, as it now finds itself one of the few massive U.S. technology and

France’s Capgemini signals gradual recovery after lower Q1 sales

(Reuters) -French IT consulting group Capgemini reported lower first-quarter revenue on Tuesday because of an anticipated slowdown in the market, but said it expects a gradual recovery through the

Satellite company SES to buy Intelsat for $3.1 billion

(Reuters) - Satellite company SES has agreed to buy all the shares of Intelsat Holdings for about $3.1 billion in a deal that would create a European giant in the industry, the companies said on

On Camera

Rahul’s ‘vote chori’ attack on EC is a political dead-end. He still has a point

The ECI needs to respond to Rahul Gandhi’s accusations professionally and transparently. Else, it will end up giving him the ammunition he is desperately seeking.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

‘Next war may come sooner than expected, will require whole-of-nation approach’—Army chief

Gen Dwivedi framed Op Sindoor not just as retaliation to Pahalgam, but as demonstration of India’s capability to fight multi-domain conflicts with integration between services & agencies.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.