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Business

Adobe Unveils Revolutionary AI Image Generation Models for Firefly App, Coming Soon to Mobile

Adobe announces new AI image generation models for its Firefly app, including Firefly Image Model 4 and Ultra, with plans for mobile availability. The app will also feature models ...

Business

Trump's Tariffs Threaten India's GDP Growth: Finance Secretary Warns of 0.2-0.5% Decline

Finance Secretary Ajay Seth warns that Trump's tariffs could reduce India's GDP growth by 0.2-0.5%. Amid global trade downturns, India seeks faster growth and potential US trade de...

Business

Samsung Considers Shifting Production from Vietnam to India Amid Tariff Changes and Seeks PLI Extension

Samsung is considering shifting some production from Vietnam to India due to US tariff changes and has requested an extension of the PLI scheme to compensate for missed incentives....

Business

India's Formal Job Market Set to Break Records in FY 2024-25: Insights from EPFO Data

India's formal job market is expected to reach record highs in FY 2024-25, with EPFO data showing 13.22 million jobs added in the first 11 months. Economic recovery and digital wag...

Business

PepsiCo Faces Challenging Quarter: Q1 EPS Drops 10% Amid Global Uncertainties

PepsiCo Inc. reports a 10% drop in Q1 2025 EPS to $1.33, with net revenue and income also declining. CEO Ramon Laguarta cites global trade uncertainties and subdued consumer condit...

Business

Adobe Unveils Groundbreaking AI Image Generation Models for Firefly App, Coming to Mobile Soon

Adobe announces new AI models for Firefly, including Firefly Image Model 4 and Ultra, with mobile support coming soon. Partnerships with Google and OpenAI expand creative options, ...

Business

Nokia Contemplates US Manufacturing Expansion to Combat Trump-Era Tariffs, CEO Reveals

Nokia's CEO Justin Hotard announces plans to potentially expand US manufacturing to counter Trump-era tariffs, emphasizing the US market's importance and addressing financial chall...

Business

Roche Reports a Strong Start to 2025 with 6% Sales Growth in Q1

Roche AG reports a 6% sales growth in Q1 2025, with pharmaceuticals leading at 8% increase. CEO Schinecker outlines a USD 50 billion investment plan to strengthen US operations and...