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Business

UPS Reports Slight Revenue Dip to $21.5B in Q1 2025 Amid Strategic Cost-Cutting Moves

UPS announced a slight revenue decrease to $21.5B in Q1 2025 but outperformed expectations. With a net income of $1.18B and strategic cost-cutting measures, the company aims for st...

Business

Spotify Hits Record 678M Monthly Active Users in Q1 2025, Stock Dips Despite Growth

Spotify Technology S.A. reports a 10% increase in monthly active users to 678 million in Q1 2025, with premium subscribers up 12% to 268 million. Despite revenue growth to €4.2 bil...

Business

NPCI's New UPI Rule: Banning Nicknames to Ensure Safer and Error-Free Transactions for Users

The NPCI has mandated that UPI applications display only the bank-registered names of beneficiaries to enhance transaction safety and reduce fraud. This move, effective by June 30,...

Business

UPS Reports a Slight Dip in Q1 Revenue to $21.5B, Yet Surpasses Analyst Forecasts

UPS announced a 0.7% annual decline in Q1 revenue to $21.5 billion, slightly outperforming analyst expectations. The company's financial performance and future outlook are under sc...

Business

Spotify Hits Record 678M Monthly Active Users in Q1 2025, Marking a 10% Surge

Spotify Technology S.A. reports a 10% increase in monthly active users, totaling 678 million in Q1 2025, showcasing its growing dominance in the streaming industry.

Business

Deutsche Bank Surges with a 39% Profit Leap to €2B in Q1 2025

Deutsche Bank reports a 39% increase in Q1 2025 profit to €2 billion, marking its best quarterly performance in fourteen years, with a 10% rise in net revenues and a cost/income ra...

Business

Adidas Soars with a Stunning 12.7% Sales Growth to €6.15 Billion in Q1 2025

Adidas AG reported a 12.7% increase in net sales to €6.15 billion in Q1 2025, with net income soaring by 151.3% to €428 million. Operating profit rose by 81.7% to €610 million, dem...

Business

AstraZeneca Reports a Strong Start to 2025 with a 7% Revenue Increase to $13.6 Billion

AstraZeneca announces a 7% revenue increase to $13.6 billion in Q1 2025, with product sales up by 6% and core operating profit growing by 12%. The company forecasts continued growt...