Author: V. Alure

Medical device maker Medtronic Plc (NYSE: MDT) on Tuesday reported stronger-than-expected adjusted earnings for the third quarter of fiscal 2026. The management reaffirmed its full-year 2026 guidance. Third-quarter earnings, excluding one-off items, declined to $1.36 per share from $1.39 per share in the year-ago quarter, but came in above estimates. On an unadjusted basis, net profit was $1.14 billion or $0.89 per share in Q3, versus $1.29 billion or $1.01 per share in Q3 2025. Total revenues grew 8.7% year-over-year to $9.0 billion during the three months, in line with estimates. Revenues of the Cardiovascular and Neuroscience segments increased by 13.8% and 4.1%…

Miss the pandemic era of working from home? Give it a decade or two, and it’s set to be the norm again. That’s because, although baby boomer and Gen X bosses may be winning the return-to-office war right now, new data suggests it’s a short-lived victory. In fact, the National Bureau of Economic Research found that millennial and Gen Z bosses are far more likely to let staff work remotely than their older counterparts—and that it’s only a matter of time before they take over and bring their affinity for flexibility with them. The researchers tracked monthly surveys of 8,000…

NEW DELHI: India’s power sector tendering pipeline is now shifting towards hybrid and storage-based projects, reflecting a growing focus on improving energy reliability and supporting renewable energy integration, according to a report by Nuvama Research.The report also noted that the country currently has an adequate solar power supply, with solar-hour electricity prices remaining low at Rs 4.3 per kWh in January 2026.During solar hours, power supply outpaced demand, resulting in virtually no deficit, indicating sufficient availability of solar energy and stable daytime supply conditions.It stated “Solarhour prices stayed low at INR4.3/kWh in Jan-26. Tendering pipeline is now tilting towards hybrid…

Kinetic appoints first chief customer officer to enhance fiber service Source link #Kinetic #appoints #chief #customer #officer #enhance #fiber #service

Munich — European markets finished Monday slightly higher as investors processed key takeaways from this year’s Munich Security Conference. The pan-European Stoxx 600 climbed 0.1%, while major national indexes, including France’s CAC 40, Italy’s FTSE MIB, and the U.K.’s FTSE 100, also gained. Trading in Dassault Systèmes paused briefly after the stock fell sharply following a rating cut by broker AlphaValue. Analysts cited concerns over AI monetization and waning momentum, leaving shares down 10% by the close. Geopolitical developments drove investor attention. Policymakers and European leaders emphasized boosting defense spending and advancing strategic autonomy. Discussions included proposals for a common…

Dollar Tree is opening more stores in wealthier neighborhoods as it works to bring in shoppers with higher incomes who tend to spend more per trip, according to a new report by Bloomberg News.The report found that 49% of new Dollar Tree stores opened over the past six years were placed in wealthier parts of metro areas across the country.That is up from 41% during the six years before that. The shift shows a clear change in where the company is planting its green-and-white signs.The share of new stores in ZIP codes with much higher incomes than the surrounding metro…

Infosys shares looked set to rally after collaboration with Anthropic, just after the AI company had helped trigger a sharp selloff in the IT-consultant sector. Source link #Infosys #joins #forces #company #triggered #sharp #selloff #stock

Cryptocurrency payments to suspected human trafficking and child abuse networks surged 85% in 2025, highlighting the growing role of digital assets in criminal activity, according to a new report by blockchain analytics firm Chainalysis.The report found hundreds of millions of transactions on public blockchains linked to human trafficking networks, child sexual abuse operations, and online scams.While much of the criminal activity originates in Southeast Asia, payments were sent from around the world, including North and South America, Europe, and Australia, NY Post reported.”Most of the activity is concentrated in Southeast Asia, but the reach is global,” said Chainalysis intelligence analyst…

As more corporates embrace renewable energy and a low carbon footprint, Clean Max Enviro Energy Solutions is seeing strong traction. The country’s largest industrial and commercial renewable energy provider has a contracted portfolio of 5.97 GW, of which 2.80 GW is currently operational, and it will deliver 3.17 GW in the next two years, according to its top official. “It took us nearly 15 years to get to 3 GW of operational capacity, but we will replicate that in the next two years. These are long-term contracts, on average for a duration of 23 years. So, there’s a lot of…

As the financial world becomes more and more digital, Know Your Customer (KYC) compliance has become a mandatory condition of banks, fintechs, crypto exchanges, and other regulated enterprises. KYC procedures are structured to authenticate customers and inhibit financial crime as well as anti-money laundering (AML) regulations. Proof of address is one of the most significant but less frequent aspects of KYC. Whereas identity documents like passports or national identity cards are used to establish the identity of a customer, proof of address is used to ascertain the residence of the customer. This extra check system is necessary in establishing trust,…