Accenture beats quarterly revenue estimates
(Reuters) - IT consulting firm Accenture Plc <ACN.N> beat analysts' estimates for third-quarter revenue on Thursday, as investments in growing digital and cloud services businesses paid off.
Revenue was down nearly 1% to $10.99 billion, edging past average analysts' estimate of $10.87 billion, according to IBES data from Refinitiv.
Net income attributable to the company fell to $1.23 billion, or $1.90 per share, in the quarter ended May 31, from $1.25 billion, or $1.93 per share, a year earlier.
(Reporting by Neha Malara; Editing by Subhranshu Sahu)
Facebook Inc <FB.O> messaging service WhatsApp said on Thursday that Brazil's central bank had said it intended to find a way to restore the payments service in the country by working with Visa Inc <V.N> and Mastercard Inc <MA.N>.
Wirecard, the German scandal-hit payments company, said on Saturday it would proceed with business activities after filing for insolvency and expects a provisional administrator to be appointed by judicial authorities shortly.
Alibaba Cloud Enters Europe
The importance of the UK market for the Alibaba Cloud was pivotal in the decision to build these data centers in London. It was one of the fastest growing European markets for the business with clients across key sectors. The services to be rolled out from these data centers includes elastic computing, which will help to mitigate times of heavy usage within the network, as well as application services, big data analytics, and storage - alongside others.
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