Tuesday, April 27, 2021

Microsoft sales grow on cloud strength, shares dip on heightened valuation

By grabbing market share in the booming market for cloud computing and expanding business services such as its Teams collaboration service and LinkedIn social network, the Redmond, Washington company has become one of the world's most valuable companies, worth close to $2 trillion after a 50% stock runup over the past year.

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Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...