Business News

Business

KIIFB's Groundbreaking Initiatives to Combat Water Scarcity and Boost Kerala's Development

KIIFB is spearheading efforts to address water scarcity and coastal erosion in Kerala, with significant investments in infrastructure and water resource projects. Minister Ramachan...

Business

Adobe Unveils Next-Gen AI Image Generation Models for Firefly App on iOS and Android

Adobe announces the launch of new AI image generation models for its Firefly app, including Firefly Image Model 4 and Ultra, with upcoming availability on iOS and Android. The app ...

Business

Merck Reports a Slight Dip in Q1 Sales to $15.5 Billion Amidst Strong Earnings Growth

Merck & Co., Inc. announced a 2% decrease in Q1 2025 sales to $15.5 billion, alongside a 7% rise in net income and EPS. CEO Robert M. Davis emphasized strategic progress and pipeli...

Business

Nissan Faces Staggering $5.3 Billion Net Loss in 2024 Amid Turnaround Plan Costs

Nissan Motor Co., Ltd. has revised its 2024 financial outlook, expecting a net loss of up to $5.3 billion due to turnaround plan costs, while maintaining a strong cash position.

Business

Procter & Gamble Reports a 2% Drop in Q3 Net Sales to $19.8B Amid Market Adjustments

Procter & Gamble reports a 2% decrease in Q3 net sales to $19.8 billion, with stable net earnings of $3.8 billion. The company adjusts its near-term outlook but remains optimistic ...

Business

American Airlines Reports Slight Revenue Dip to $12.6B in Q1 2024 Amid Economic Uncertainty

American Airlines Inc. reports a slight revenue decrease to $12.6 billion in Q1 2024, with a net loss of $473 million. The airline withdraws full-year guidance amid economic uncert...

Business

Comcast Faces Slight Revenue Dip in Q1 2025, Yet Streaming and Theme Parks Show Promising Growth

Comcast Corporation announced a slight revenue decrease of 0.6% to $29.9 billion in Q1 2025, with net income falling by 12.5%. Despite these challenges, the company highlights sign...

Business

American Airlines Reports Slight Revenue Dip in Q1 2024, Earnings Hit $12.6 Billion

American Airlines Inc. reported a slight revenue decrease to $12.6 billion in Q1 2024, down 0.2% from last year. Details on the earnings call are awaited for further insights into ...