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HP cuts profit forecast as PC sales slide

  Bloomberg HP Inc reported quarterly sales that missed estimates and reduced its annual profit forecast on falling demand for personal computers and printers, especially among consumers. The shares fell in extended trading. Fiscal third-quarter revenue fell 4.1% to $14.7 billion, the Palo Alto, California-based company said in a statement. Consumer sales in its computer division declined 20%, led by ...

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Oil’s rough week ends with rebound over Opec+ risk

  Bloomberg Oil rises, paring a hefty weekly decline, as Opec ministers and allies prepare to discuss crude output. West Texas Intermediate futures climbed above $88 a barrel on Friday after slumping almost 11% over the prior three days. Traders shrugged off an announcement by G-7 leaders of plans to cap the price of Russian crude in retaliation for Vladimir ...

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Abdullah chairs third session of UAE-India Strategic Dialogue

  Abu Dhabi / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, chaired the third session of the UAE-India Strategic Dialogue, which was held on Friday in Abu Dhabi. The Indian side was headed by Dr. Subrahmanyam Jaishankar, India’s Minister of External Affairs. During the session, the sides discussed issues of common interest ...

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