Srinath
6436 posts
Infosys (NSE: INFY) AI revenue grows 29%, but weaker FY27 outlook sends US shares down 6.6%
Infosys reported stronger artificial intelligence revenue and its highest quarterly large-deal bookings in recent periods, but reduced its annual revenue growth guidance amid persistent weakness in traditional IT services. The divergence raises questions about whether AI transformation is creating enough incremental demand to offset the pressure on existing outsourcing contracts.
October 25, 2026
European summer heat linked to 50,391 deaths as study attributes 65% to climate change
Researchers estimate that extreme heat contributed to more than 50,000 deaths across 854 European urban areas during summer 2026, with human-caused climate change responsible for nearly two-thirds of the toll.
October 25, 2026
Workday to acquire C1.ai as enterprise AI agents create new identity security market
Workday has agreed to acquire agentic identity governance specialist C1.ai, expanding its ambitions beyond human resources and financial management software. The proposed acquisition could give customers centralised control over employee and AI agent permissions, but financial terms remain undisclosed and commercial integration has yet to begin.
October 25, 2026
Trump suggests US warships could stop near Cuba after Iran conflict as Rubio urges action
Donald Trump has revived the possibility of U.S. intervention in Cuba, telling supporters that American warships returning from the Iran conflict could approach the island while Washington continues applying economic pressure.
October 25, 2026
Kering plunges 16% as Gucci sales fall 6%. Can 125 store closures fix the brand?
Kering suffered its worst-ever one-day share-price decline after Gucci remained in contraction during the third quarter, intensifying pressure on Chief Executive Officer Luca de Meo to prove that product changes, pricing adjustments and faster store closures can rebuild the luxury group’s most important brand.
October 24, 2026
Nairobi building collapse leaves workers feared trapped as rescue teams search Eastleigh rubble
A multistorey building under construction collapsed in Nairobi's crowded Eastleigh district, leaving people feared trapped as rescuers worked through unstable debris and authorities questioned the building's occupancy arrangements.
October 24, 2026
Mississippi officer resigns after fatal shooting of one-year-old boy as family demands federal probe
A Mississippi police sergeant has resigned after the fatal shooting of a one-year-old boy, despite state investigators concluding that the officer's use of force was justified. The family disputes that finding.
October 24, 2026
Trump administration sues over Alaska Senate race as two Dan Sullivans appear on ballot
The Trump administration is asking a federal court to prevent certification of Alaska's Senate election under certain conditions, arguing that two candidates with similar names could confuse voters.
October 24, 2026
Paris suburban shooting kills one and wounds five in suspected racist terrorist attack
A gunman fired at people across three locations in suburbs west of Paris, killing one person and injuring five, including a 12-year-old girl. Anti-terrorism prosecutors are investigating an alleged racist motive.
October 24, 2026
Jordan church shooting kills seven during funeral as 40 injured in Karak
Gunmen opened fire during a funeral at a Greek Orthodox church in southern Jordan, killing seven people and injuring 40. Authorities have launched an investigation and declared national mourning.
October 24, 2026