Bloomberg International Business Machines (IBM) Corp is planning to cut about 10,000 jobs in Europe in an attempt to lower costs at its slow-growth services unit and prepare the business for a spinoff. The wide-ranging losses will affect about 20% of staff in the region, according to people familiar with the matter. The UK and Germany are set to be ...

Bloomberg Dell Technologies Inc and HP Inc reported quarterly revenue that topped Wall Street estimates, lifted by customer upgrades of personal computers for remote work and school during the pandemic. Dell’s sales climbed 2.8% to $23.5 billion in the period that ended on October 30, the Round Rock, Texas-based company said Tuesday in a statement. Rival HP reported it shipped ...

Bloomberg Global stocks paused amid their best monthly gains in three decades as investors awaited a slew of economic indicators that could support the rally in risk assets. The Stoxx Europe 600 Index drifted at the open, as cyclicals such as mining and energy firms fell, offsetting advances in defensives including utility shares. Bank stocks edged higher following a report ...