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Capgemini Raises FullYear Revenue Guidance After Strong Q3 Performance Driven by AI and Cloud

French IT consulting giant Capgemini reported betterthanexpected thirdquarter 2025 revenues and, on October 29th, raised its fullyear revenue growth t

French IT consulting giant Capgemini reported betterthanexpected thirdquarter 2025 revenues and, on October 29th, raised its fullyear revenue growth target from a previous range of 1.0% to +1.0% to +2.0% to +2.5% at constant currency. The strong performance was primarily driven by accelerating growth in the North America region and continued high demand for services related to cloud, data, and AI. CEO Aiman Ezzat credited the firms strategic focus on being an AIpowered business and technology partner, enabling clients to focus on efficiency and optimization. Read More..

B2B Tech News | 1 months ago        

UPS Cuts 48,000 Jobs Globally in Massive Cost Reduction and Restructuring Drive

United Parcel Service UPS announced a massive corporate restructuring on October 29th, including the elimination of approximately 48,000 corporate and

United Parcel Service UPS announced a massive corporate restructuring on October 29th, including the elimination of approximately 48,000 corporate and management positions globally. The layoffs are part of an aggressive costsaving initiative aimed at streamlining operations in the face of persistent macroeconomic headwinds, including the lingering impact of Amazons slowdown and various international tariff disputes. The company stated the move is necessary to adjust its operational footprint to match normalized postpandemic ecommerce volumes and prepare for a leaner, more technologydriven logistics future. Read More..

B2B Tech News | 1 months ago        

US and China Reach Preliminary Consensus on Trade Ahead of Crucial TrumpXi Summit

Top economic officials from the US and China concluded a round of intensive trade talks in Kuala Lumpur on October 27th, reaching a preliminary consen

Top economic officials from the US and China concluded a round of intensive trade talks in Kuala Lumpur on October 27th, reaching a preliminary consensus on a framework to deescalate trade tensions. The agreement, which negotiators described as "very substantial," aims to prevent the activation of new 100% US tariffs threatened for November 1st, which were a response to Chinas tightened rare earth export controls. The successful talks pave the way for a crucial bilateral meeting between President Trump and President Xi later in the week at the APEC Summit, where a comprehensive deal to stabilize the $660 billion trade relationship is expected to be finalized. Read More..

B2B Tech News | 1 months ago        

Brown & Brown Announces 35.4% Revenue Increase in Q3, Driven by Acquisitions and Organic Growth

Brown & Brown, Inc., a leading insurance brokerage, announced strong financial results for the third quarter of 2025 on October 27th. Revenues increas

Brown & Brown, Inc., a leading insurance brokerage, announced strong financial results for the third quarter of 2025 on October 27th. Revenues increased by a substantial 35.4% to $1.6 billion, primarily driven by contributions from recent strategic acquisitions and solid 3.5% organic growth in its core commissions and fees. The report highlighted the companys success in consolidating fragmented insurance markets and integrating acquired businesses, leading to enhanced profitability and strong adjusted EBITDAC margins. The results underscore the continued strength and consolidation trend within the specialty insurance brokerage sector. Read More..

B2B Tech News | 1 months ago        

Avis Budget Group Reports Revenue Growth in Q3, Signaling PostPandemic Travel Normalization

Avis Budget Group CAR announced its thirdquarter 2025 financial results on October 27th, reporting revenues of $3.5 billion and a return to overall re

Avis Budget Group CAR announced its thirdquarter 2025 financial results on October 27th, reporting revenues of $3.5 billion and a return to overall revenue growth compared to the prior year. The company saw a 1% increase in rental days, driven by the continued normalization of global travel and a stabilization of business demand. Management emphasized that the quarter marked meaningful progress, with the company balancing operational progress with necessary future investments in its fleet and digital infrastructure, positioning the travel and car rental giant for sustained postpandemic recovery. Read More..

B2B Tech News | 1 months ago        

NXP Semiconductors Reports Strong Q3 Results on Automotive and Industrial Demand

NXP Semiconductors reported strong thirdquarter 2025 financial results on October 27th, with revenue reaching $3.17 billion, exceeding the midpoint of

NXP Semiconductors reported strong thirdquarter 2025 financial results on October 27th, with revenue reaching $3.17 billion, exceeding the midpoint of its guidance. The performance was largely driven by robust demand in the Automotive and Industrial & IoT segments. NXP highlighted the success of its invehicle connectivity solutions and the positive impact of its recent acquisition of Aviva Links. The strong quarter reflects the continued trend of increased semiconductor content in nextgeneration vehicles and industrial systems, underscoring NXPs resilience in specialized, highgrowth chip markets. Read More..

B2B Tech News | 1 months ago        

Morgan Stanley Q3 Earnings Jump on Investment Banking and Trading Revenue Surge

Morgan Stanley reported excellent thirdquarter earnings on October 25th, with results beating analyst estimates by the largest margin in nearly five y

Morgan Stanley reported excellent thirdquarter earnings on October 25th, with results beating analyst estimates by the largest margin in nearly five years. The strong performance was led by a massive 44% surge in Investment Banking revenue due to recovering merger, IPO, and debt issuance activity. The Fixed Income, Currency, and Commodities FICC trading desk also climbed 17%. The bank’s integrated model, which pairs its strong capital markets operation with a resilient Wealth Management division, proved highly effective in capitalizing on increased market volatility and corporate finance activity. Read More..

B2B Tech News | 1 months ago        

Citigroup Reports Record Q3 Revenue Across All Segments, Exceeding Analyst Expectations

Citigroup delivered a strong Q3 2025 performance, reporting record revenue across every core segment and comfortably beating analyst estimates. Releas

Citigroup delivered a strong Q3 2025 performance, reporting record revenue across every core segment and comfortably beating analyst estimates. Released on October 25th, the results were propelled by a 15% increase in Markets revenuedriven by fixed income and equity trading and a 34% surge in Banking revenue boosted by corporate lending and investment banking. Services and Wealth also saw significant growth. This broadbased success validates the bank’s strategy of simplifying its structure and focusing on core business areas, showcasing strong momentum heading into the final quarter of the year. Read More..

B2B Tech News | 1 months ago        



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