work

Can remote work growth offset stalls in Microsoft’s one-time deals?

(Reuters) – Investors have pushed shares of Microsoft Corp up almost 30 percent since the start of the year, betting that the pandemic-induced shift to more remote computing will boost its business.

FILE PHOTO: The Microsoft store is pictured in the Manhattan borough of New York City, New York, U.S., June 26, 2020. REUTERS/Carlo Allegri

Those investors will find out if they were right on Wednesday, when the company reports its results for the fiscal fourth quarter.

Wall Street, however, is braced for Microsoft to report that Azure, its flagship cloud computing business, has slipped below 50% revenue growth for the first time ever.

Analysts also expect some declines, such as for Microsoft’s on-premises server purchases and sales of consumer devices. They also expect Microsoft to take an earnings-per-share hit of about 5 cents because of a decision last month to shutter its retail operations permanently.

But they expect continued

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Google ties more work tools into Gmail, aiming to get ahead of Microsoft

FILE PHOTO: A logo of Google is seen at an office building in Zurich, Switzerland July 1, 2020. REUTERS/Arnd Wiegmann

OAKLAND, Calif. (Reuters) – Alphabet Inc’s Google on Wednesday said its corporate Gmail customers will now be able to edit documents and other files without leaving the email service, as it aims to lure clients from rivals by making its tools more integrated.

The announcement was made at Google’s cloud unit’s annual customer and partner conference, which has been turned into a virtual gathering over several weeks due to the novel coronavirus pandemic.

Google has been trying for more than a decade to catch up with Microsoft Corp’s Office, which dominates the global market for corporate email and document editing tools. Both companies have been adding new video-calling features and other collaboration tools to attract new business from companies operating from home during the pandemic.

Google contends it has found

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15 U.S. states to jointly work to advance electric heavy-duty trucks

WASHINGTON (Reuters) – A group of 15 U.S. states and the District of Columbia on Tuesday unveiled a joint memorandum of understanding aimed at boosting the market for electric medium- and heavy-duty vehicles and phasing out diesel-powered trucks by 2050.

FILE PHOTO: Traffic backs up on the Brooklyn Queens Expressway in New York, U.S., August 2, 2018. REUTERS/Lucas Jackson

The announcement comes weeks after the California Air Resources Board approved a groundbreaking policy to require manufacturers to sell a rising number of zero-emission vehicles, starting in 2024 and to electrify nearly all larger trucks by 2045.

The 14 states said the voluntary initiative is aimed at boosting the number of electric large pickup trucks and vans, delivery trucks, box trucks, school and transit buses, and long-haul delivery trucks, with the goal of ensuring all new medium- and heavy-duty vehicle sales be zero emission vehicles (ZEV) by 2050 with a target

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E-tailers in India begin work to list ‘country of origin’ labels on products

NEW DELHI (Reuters) – E-commerce companies in India like Amazon.com’s local unit and Walmart’s Flipkart have begun to update their back-end systems to allow sellers to identify the country of origin on all new product listings on their platforms, two sources aware of the matter said on Wednesday.

FILE PHOTO: An employee of Amazon walks through a turnstile gate inside an Amazon Fulfillment Centre (BLR7) on the outskirts of Bengaluru, India, September 18, 2018. REUTERS/ Abhishek N. Chinnappa/File Photo

The Indian trade ministry’s Department for Promotion of Industry and Internal Trade (DPIIT), which hosted an online meeting of e-commerce players on Wednesday, wanted the changes to be implemented by the end of July.

The companies, however, said they would need two to three months, according to the sources, who asked not to be named as the discussions were private.

The changes would first be made for new product listings as

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