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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 ...

Business

Former FAA Administrator Michael Whitaker Joins IndiGo as Independent Director to Fuel Global Expansion

IndiGo appoints Michael Whitaker, former FAA administrator, as an independent director to enhance its global expansion. Whitaker brings over 30 years of aviation and government exp...

Business

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

Nissan Motor Co., Ltd. revises 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

P&G Reports Slight Dip in Q3 Sales to $19.8B Amid Market Adjustments

Procter & Gamble reports a 2% decrease in Q3 net sales to $19.8B, with net earnings holding steady at $3.8B. The company adjusts its near-term outlook but remains optimistic about ...

Business

Exploring India's Reverse Flipping Wave: Why Startups Are Coming Home

Indian startups like Flipkart, PhonePe, and Groww are leading a reverse flipping trend, moving their holding companies back to India. Regulatory reforms and a favorable business en...

Business

Norway's Sovereign Wealth Fund Faces $40B Q1 Loss Amid Tech Sector Turmoil

Norway's sovereign wealth fund reports a $40 billion loss in Q1 2025, with equities, especially in the tech sector, driving the downturn. The fund's composition and CEO's comments ...

Business

Nokia Considers US Manufacturing Expansion to Counter Tariff Challenges Under New CEO

Nokia, under new CEO Justin Hotard, is considering expanding US manufacturing to combat tariff impacts, with the US market being crucial for its technology. The company reported a ...