SAP SE (SAP) reported that its first quarter profit after tax declined to 509 million euros from last year's 632 million euros, with earnings per share decreasing to 0.41 euros from 0.63 euros in the previous year.Profit after tax from continuing operations for the first quarter dropped to 403 million euros from 1.02 billion euros in the prior year.On a Non-IFRS basis, earnings per basic share wer...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.