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Business

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

HSBC Holdings plc announced a 15% revenue drop to $17.6 billion in Q1 2025, with profits before tax decreasing by $3.2 billion. The bank also revealed a $3 billion share buy-back a...

Business

Deutsche Bank Surges Ahead with a 39% Leap in Q1 Net Profit to €2 Billion

Deutsche Bank achieves a 39% increase in Q1 net profit to €2 billion, marking its best performance in fourteen years. The bank's strategic focus on growth and efficiency underlines...

Business

Adidas Surges with a 12.7% Increase in Q1 Net Sales, Reaching €6.15 Billion

Adidas AG reports a 12.7% increase in Q1 2025 net sales to €6.15 billion, with net income soaring by 151.3% to €428 million. CEO Bjorn Gulden praises the company's strong performan...

Business

Porsche Faces a Steep 44% Drop in Q1 Profit After Tax Amid Market Challenges

Porsche AG reports a 44% drop in Q1 profit after tax to €518M, with sales revenue falling 2% to €8.86B. Despite a 7.9% decrease in vehicle deliveries, BEV share jumps to 25.9%. The...

Business

BP's First Quarter Profits Take a 69% Dive Amidst Market Challenges

BP plc faces a 69% profit drop in Q1 2025, with earnings falling to $687 million due to lower operating cash flow and weak gas marketing. Despite challenges, the company increases ...

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...