SAP users face cost squeeze, pressure to digitalise: survey

By Douglas Busvine BERLIN (Reuters) – The customers of software group SAP (DE:SAPG) are suffering severe declines in revenue and earnings while at the same time facing intensifying pressure to hike IT spending to go digital, a survey showed on Monday. The poll of SAP’s German-speaking user community found that nearly three-quarters were experiencing sharp […]

Cadillac, Buick help GM to first China sales growth in two years

By Yilei Sun and Brenda Goh BEIJING (Reuters) – General Motors Co (GM) (N:GM) on Monday said continued market recovery from the COVID-19 crisis helped its China vehicle sales grow 12% on year in July-September, marking the Detroit automaker’s first Chinese quarterly sales growth in two years. The second-biggest foreign automaker in China by units […]

Japan stocks lower at close of trade; Nikkei 225 down 0.26% – Japan stocks were lower after the close on Monday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.26%. The best performers of the session on the Nikkei 225 were ANA Holdings Inc (T:9202), which rose 2.65% or 63.5 points to trade at 2464.0 at […]