World

War-torn Yemen's PM Ahmed bin Mubarak resigns amid economic hardships

May 04, 2025

Sanaa [Yemen], May 4: Yemen's Prime Minister Ahmed bin Mubarak said on Saturday he had resigned, a symbolic step signalling rifts inside the internationally recognized government amid economic hardships in the war-torn country.
Bin Mubarak said on the social media platform X that he had handed his resignation to Rashad al-Alimi, the head of the Presidential Leadership Council, a Saudi-backed body holding the reins of power in the government-controlled areas in the divided country. Yemen has been embroiled in a disastrous power struggle since 2014, between government forces, supported by a Saudi Arabia-led alliance, and the Iran-linked Houthi rebels. (DPA)
Source: Qatar Tribune

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Infosys: Differentiated AI strategy and a sharp focus on value unlock propels 29% sequential growth in AI revenues

Bengaluru (Karnataka) [India], October 23: Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in AI-first business consulting and technology services, delivered $5,145 million in Q2 revenues, year on year growth of 1.5% and sequential growth of 1.2% in constant currency. Operating margin was stable at 21.0%. EPS growth was 8.7% year on year in rupee terms. TCV of large deal wins was $5.2 billion, with 62% net new. Robust Q2 large deal TCV at $5.2 billion with 62% net new; lays solid foundation for future growth. FY 27 revenue guidance revised to 1%-2% and margin guidance retained at 20%-22%.

Oct 23, 2026