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SAP raises targets for 2020 with increase in customers

  Bloomberg SAP SE raised its targets for 2020 as customers bought its latest suite of applications at a faster pace, and Chief Executive Officer Bill McDermott — a fan of Donald Trump’s “The Art of the Deal,” — said he wouldn’t “lay off the accelerator” on acquisitions, engineering investment or a potential share buyback. The updated outlook, on top ...

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French economy accelerates as services outpace manufacturing

  Bloomberg Economic momentum in France accelerated to the strongest in more than five years in January, data by IHS Markit show. A Purchasing Managers’ Index for manufacturing and services rose to 53.8 from 53.1 in December, the London-based company said in a statement on Tuesday. That’s above the 53.2 median estimate in a Bloomberg survey and the highest since ...

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De Beers gets biggest diamond sale in a year

  Bloomberg De Beers had its biggest diamond sale in at least a year as the gem industry restocked after the key holiday period. The company, owned by Anglo American Plc, sold $720 million of diamonds in its first sale of the year, compared with $545 million at last year’s January offering, it said in a statement. The world’s biggest ...

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