Business
-
NASA expands Moon Base contracts and plans nuclear-powered rover
NASA has announced new commercial delivery arrangements and a nuclear-powered rover as it develops plans for a sustained presence near the Moon’s South Pole. The agency’s November 7 announcement named eight companies eligible to compete for deliveries under CLPS 2, a ten-year framework with a combined ceiling of US$10 billion. That ceiling is not a…
-
Caribbean Airlines reports 14,935 passengers on Tobago Carnival airbridge
Caribbean Airlines says it carried 14,935 passengers between Trinidad and Tobago during the eight-day travel period surrounding Tobago Carnival. The airline’s figures cover October 28 to November 4, 2026. TTT News reported the passenger total on November 7, citing a company release issued the previous day. To meet expected demand, the carrier added 8,000 seats…
-
Figma raises revenue outlook as AI usage grows, but remains loss-making
The design-software company lifted its 2026 forecast after 43% revenue growth, while reporting an US$81.3 million quarterly net loss.
-
Qualcomm’s handset decline outweighs rapid automotive growth
Fourth-quarter sales fell 8% as weaker handset demand offset a sharp rise in automotive revenue, while the company maintained its data-center target.
-
Thomson Reuters revenue rises 10% as AI investment remains in focus
The company reported US$1.833 billion in quarterly revenue while updating its outlook after the separation of its Global Print business. Thomson Reuters reported a 10% increase in third-quarter revenue to US$1.833 billion, compared with $1.658 billion a year earlier. Adjusted EPS rose to 81 cents from 71 cents. Operating profit fell 22% to $402 million.…
-
Bull and Schwarz Digits outline European AI and cloud partnership
A preliminary Franco-German agreement would combine Bull’s computing hardware with STACKIT’s cloud services under European jurisdiction. Bull and Germany’s Schwarz Digits signed a memorandum of understanding on November 3 to develop AI and cloud infrastructure for organisations seeking European data jurisdiction. It links Bull’s high-performance computing and manufacturing capabilities with STACKIT, the cloud business of…
-
HP names Emma Walmsley as next CEO, with January handover planned
The former GSK chief will take over HP on January 4 as the PC maker navigates rising memory costs and the market for AI-enabled devices. HP has appointed former GSK chief executive Emma Walmsley to lead the company from January 4, 2027. She will succeed interim CEO Bruce Broussard, who will become board chair on…
-
PowerGen wage agreement sets December deadline for TT$66.1 million settlement
About 150 eligible PowerGen employees are due outstanding payments by December 15 under a wage agreement announced in Parliament, according to Public Utilities Minister Barry Padarath.
-
Microsoft reports $92.3 billion quarterly revenue as cloud growth accelerates
Microsoft reported first quarter revenue of $92.3 billion and said cloud revenue rose 30 percent year over year, as scrutiny of AI spending continues.
-
Wall Street closes sharply lower as technology and AI spending worries deepen
The S&P 500, Nasdaq and Dow closed lower Friday as investors reassessed technology valuations and the scale of corporate AI spending. Intel and Amazon were among the companies drawing particular attention after earnings reports.