Business News

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...

Business

Novartis Reports a Stunning 40% Surge in Q1 EPS, Reaching $1.83 Amid Market Optimism

Novartis achieves a 40% EPS growth in Q1, reaching $1.83, showcasing strong performance and strategic growth in the pharmaceutical sector. More details to follow.

Business

Indian Stock Market Soars: BSE Sensex Jumps Over 350 Points, Nifty50 Surpasses 24,450 Mark

Indian equity benchmarks BSE Sensex and Nifty50 opened strongly, with significant gains influenced by robust corporate performance and positive stock movements. Global markets show...

Business

Why Your Grandmother's Gold Investment Advice Was Spot On: A Look at Rising Gold Prices

Gold investments, especially those made on auspicious occasions like Akshaya Tritiya, have yielded significant returns over the years. With prices reaching new highs, gold proves t...