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India's Infosys signs five-year AI deal with $2 bln target spend

India's second-largest software services exporter Infosys said on Monday it has signed a deal with an existing client to provide artificial intelligence (AI) and automation services that will span over five years, with a target spend estimated at $2 billion. ....

Nivedita Bhattacharjee , Navamya Ganesh Acharya , Thomson Reuters Trust Principles , Tata Consultancy Services , Azure Open , Infosys Topaz , Thomson Reuters Trust ,

Morgan Stanley profit drops 14% as deal drought persists

Morgan Stanley's profit beat estimates as growth in its wealth management business offset lower trading revenue in the second quarter, and executives expressed optimism about the economic environment. ....

New York , United States , Mehnaz Yasmin , James Gorman , Arun Koyyur , Lananh Nguyen , Niket Nishant , Tatiana Bautzer , Thomson Reuters Trust Principles , Morgan Stanley , Thomson Reuters Trust ,

Financials power Indian shares to new highs

Indian shares closed higher on Tuesday, advancing for the fourth session in a row, as gains in IT stocks and by Reliance Industries offset a broad sectoral decline. ....

Janane Venkatraman , Abhimanyu Godara , Pankaj Chhaochharia , Bharath Rajeswaran , Reliance Industries , Thomson Reuters Trust Principles , National Securities , Antique Stock , National Securities Depository , Sheela Foam , Thomson Reuters Trust ,

Netflix shielded from Hollywood strike by global crew, strong pipeline

Netflix investors will assess risks from the ongoing strike in Hollywood when the company reports quarterly results on Wednesday, but analysts said it was well positioned due to its solid pipeline of shows and international production crew. ....

United States , Samrhitha Arunasalam , Gal Gadot , Shounak Dasgupta , Michael Nathanson , Aditya Soni , Los Angeles , Queen Charlotte , Jamie Lumley , Thomson Reuters Trust Principles , Credit Suisse , Insider Intelligence , Havei Ever Season , Thomson Reuters Trust ,