Bloomberg Microsoft Corp.’s first-quarter revenue climbed a better-than-projected 12%, strengthened by corporate demand for cloud-computing services to support customers’ remote workers and move more of their business online. Sales in the period that ended September 30 rose to $37.2 billion, the software maker said in a statement. That exceeded the $35.8 billion average estimate of analysts polled by Bloomberg, and ...

Bloomberg Sony Corp. raised its fiscal-year operating profit outlook by 13% to $6.7 billion as its video game unit rode a surge in demand for entertainment from home-bound consumers. The forecast, up from a previous 620 billion yen, surpassed the average analyst expectation of 658.9 billion yen and precedes the PlayStation 5’s highly anticipated November debut. Sony aims to sell ...

Abu Dhabi / WAM Abu Dhabi’s trade in pearls, precious stones and metals has witnessed significant activity in the first five months of this year, rising to AED8.8 billion, a 25.7 percent increase compared to AED7 billion in the same period of 2019, according to the Abu Dhabi Statistics Centre. This significant jump reinforces the position of the emirate and ...