Business News

Business

GSK Reports a 2% Increase in Q1 Sales to £7.5 Billion, Highlighting Strong Portfolio Performance

GSK plc announced a 2% increase in Q1 2023 sales to £6.95 billion, with a 55% surge in EPS and a 49% rise in operating profit. CEO Emma Walmsley emphasized the company's strong por...

Business

Lockheed and Rheinmetall Forge Strategic Alliance to Boost Europe's Defense with Missile Production

Rheinmetall AG and Lockheed Martin Corporation are expanding their partnership to manufacture rockets and missiles in Europe, aiming to enhance the continent's defense capabilities...

Business

Microsoft Unveils Strategic 'Digital Commitments' to Empower Europe's Tech Future

Microsoft's Brad Smith announces five digital commitments to Europe, focusing on AI, cloud ecosystems, cybersecurity, and competitiveness, while emphasizing trans-Atlantic economic...

Business

GE HealthCare Surpasses Expectations with a 3% Revenue Increase to $4.8 Billion in Q1

GE HealthCare Technologies Inc. reports a 3% revenue increase to $4.8 billion in Q1 2025, surpassing expectations. Net income jumps 50.8% to $564 million, with EPS up 51.85% to $1....

Business

Caterpillar Reports a 10% Drop in Q1 Sales to $14.2B Amid Construction and Resources Sector Challenges

Caterpillar Inc. reports a 10% decrease in Q1 sales to $14.2 billion, with significant losses in construction and resources sectors. Profits fell by 28%, but the company maintained...

Business

Caterpillar Reports a 10% Drop in Q1 Sales Amid Construction and Resources Sector Downturn

Caterpillar Inc. announced a 10% drop in Q1 sales to $14.2 billion, with significant losses in construction and resources sectors. Profits fell by 28%, but the company still alloca...

Business

GE HealthCare Surpasses Expectations with a 3% Revenue Increase to $4.8 Billion in Q1

GE HealthCare reports a 3% revenue increase to $4.8 billion in Q1 2025, with net income jumping 50.8% to $564 million. The company also announces a $1 billion share repurchase prog...

Business

Billionaire Anthony Pratt Commits $5B to Trump's Reindustrialization Dream

Anthony Pratt, chairman of Pratt Industries, pledges $5 billion to support President Trump's reindustrialization initiative, aiming to boost US manufacturing and attract major corp...