The rise of AI has led to an immense need for cloud computing resources, and Amazon's AWS is ready to provide the necessary server infrastructure. Simultaneously, substantial investments are required to build up new capabilities.
Travels
Germany's leading residential property enterprise Vonovia reverted to profitability in the first quarter after experiencing a billion-euro loss last year. Late Thursday, the DAX-listed organization disclosed a net income of 335.5 million euros during the March quarter. Previously, Vonovia...
Travels
Large-scale employee strikes have negatively impacted Lufthansa's first quarter performance. As a result, there is growing concern about the expenses associated with the upcoming summer flight agenda.
Politics
Proposed sale of Paramount Hollywood may cause disturbances; CEO replaced by a team of three new executives.
Literature
Large-scale work stoppages have negatively impacted Lufthansa's first quarter, prompting focus on the expense of its upcoming summer flight program.
Literature
Fuchs, a lubricant manufacturer, begins 2023 with higher profits. CEO Stefan Fuchs stated on Tuesday that this growth in revenue occurred even though sales decreased by 6% compared to the previous year, caused by price fluctuations and exchange rates. All three global regions showed an increase...
Technology