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Business

Airbus Soars with a 6% Revenue Jump to €13.5 Billion in Q1 2025

Airbus SE reports a 6% revenue increase to €13.5 billion in Q1 2025, with net income up by 33%. CEO Guillaume Faury highlights progress amidst supply chain challenges.

Business

Cygni Energy Launches Revolutionary 4.8GWh Battery Gigafactory in Hyderabad, Paving the Way for Sustainable Energy Solutions

Cygni Energy has inaugurated a 4.8GWh battery energy storage system gigafactory in Hyderabad, with plans to expand to 10.8 GWh by 2027. This Rs 250 crore project aims to create ove...

Business

Lockheed Martin and Rheinmetall Forge Strategic Alliance to Boost Europe's Missile Defense Capabilities

Rheinmetall AG and Lockheed Martin Corporation announce an expanded partnership to manufacture rockets and missiles in Europe, aiming to enhance the continent's security and self-r...

Business

Microsoft Unveils Strategic Digital Commitments to Enhance Europe's Tech Landscape and Cybersecurity

Microsoft announces five digital commitments in Europe, focusing on AI, cloud ecosystems, cybersecurity, and digital resilience, while advocating for stronger trans-Atlantic econom...

Business

GE HealthCare Surpasses Expectations with a 3% Revenue Increase to $4.8 Billion in Q1

GE HealthCare reports a 3% revenue increase to $4.8 billion in Q1 2025, with net income jumping 50.8%. The company also announces a $1 billion share repurchase program and strategi...

Business

Novartis AG Strikes a Groundbreaking Deal to Acquire Regulus Therapeutics for Up to $1.7 Billion

Novartis AG announces a deal to acquire Regulus Therapeutics for up to $1.7 billion, including an initial $0.8 billion payment and a contingent value right for shareholders, aiming...

Business

Intel Faces Leadership Shakeup as Chief Commercial Officer Christoph Schell Announces Resignation

Intel Corporation's Chief Commercial Officer Christoph Schell resigns, marking another leadership change after the recent CEO transition. Schell's departure is to pursue new opport...

Business

Airbus Soars with a 6% Revenue Increase to €13.5 Billion in Q1 2025, Net Income Up by 33%

Airbus SE announced a 6% increase in Q1 2025 revenue to €13.5 billion, with net income up by 33% to €793 million. CEO Guillaume Faury highlighted progress and addressed supply chai...