Business News

Business

Gold Prices Experience Significant Drop: A Closer Look at the Market Trends on April 29, 2025

Gold prices have dipped significantly, opening at Rs 95,316 per 10 grams on April 29, 2025, following a record high. The decline is attributed to a strengthening dollar and changes...

Business

AstraZeneca Reports a Robust 7% Revenue Growth to $13.6 Billion in Q1 2025

AstraZeneca PLC has announced a 7% increase in Q1 revenue for 2025, reaching $13.6 billion, showcasing its strong performance in the pharmaceutical industry.

Business

Adidas Surges Ahead with a Stellar Q1 Performance: Net Sales Hit €6.15 Billion

Adidas AG showcases a strong Q1 2025 performance with net sales climbing to €6.15 billion, a 12.7% increase year on year. Net income and operating profit also see significant growt...

Business

BP Faces Sharp 74% Drop in Q1 Profits, Earnings Plummet to $687 Million

BP reports a shocking 74% plunge in Q1 profits, with earnings dropping to $687 million. Analysts are investigating the causes, including oil price volatility and operational issues...

Business

HSBC Faces a Challenging Quarter: Revenue Drops 15% to $17.6B Amid Economic Uncertainties

HSBC Holdings plc announced a 15% drop in Q1 2025 revenues to $17.6 billion, with profits before and after tax significantly decreasing. The bank also revealed a $3 billion share b...

Business

HSBC Reports a 15% Revenue Drop to $17.6B in Q1 2025 Amid Economic Uncertainties

HSBC Holdings plc reported a 15% revenue drop to $17.6 billion in Q1 2025, with profits before and after tax decreasing significantly. The bank also announced a $3 billion share bu...

Business

Lufthansa Soars with 10% Revenue Growth in Q1 2025, Despite Rising Net Losses

Deutsche Lufthansa AG reports a 10% revenue increase in Q1 2025 to €8.1 billion, with operating income up 8% to €8.8 billion, but faces a 21% increase in net loss to €885 million.

Business

Deutsche Bank Surges with a 39% Leap in Q1 Net Profit to €2B, Marking a 14-Year High

Deutsche Bank kicks off 2025 with a 39% surge in Q1 net profit to €2 billion, achieving its best quarterly performance in 14 years. The bank's strategic focus on revenue growth and...