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 …

Bloomberg Oil falls sharply with broader markets as renewed restrictions on movement in Europe clouded the outlook for the consumption once again. Crude futures in New York fall 4.6%, while those in London retreated below $40 a barrel, the lowest since October 5. Germany is proposing widespread curbs for a month, while France is preparing tougher restrictions that may include …