Receive Breaking News updates as they occur
(Reuters) - Xerox Corp , best known for its printers and copiers, reported a slightly better-than-expected quarterly profit as expenses declined 4 percent. Restructuring and better productivity led to higher margins, Xerox said on Friday. Xerox said last month it was selling its information technology outsourcing arm to French IT services firm Atos SE for $1.05 billion to focus on building up faster-growing units, business process outsourcing (BPO) and document outsourcing. The company bought Affiliated Computer Services Inc in 2009 to enter the services business, including BPO, IT services, cloud computing and data management.
JERUSALEM (AP) — Israel's settlement watchdog group said Friday that the government has issued hundreds of tenders for housing units in the West Bank, an area the Palestinians demand for their future state, a move that comes several weeks before Israel's national election.