Business News

Business

GE Vernova Surges with an 11% Revenue Jump to $8B in Q1, Beating Forecasts

GE Vernova Inc. reports an 11% revenue increase to $8B in Q1 2025, with net income turning around to $264M. Orders grew by 8% to $10.2B, and the company reaffirms its 2025 revenue ...

Business

AT&T Reports Strong Q1 Growth: Revenue Climbs 2% to $30.6 Billion Amid Fiber and 5G Surge

AT&T Inc. reports a 2% revenue increase to $30.6 billion in Q1 2025, with net income rising to $4.7 billion. CEO John Stankey highlights the success of AT&T Fiber and 5G wireless, ...

Business

Volvo Faces 7% Sales Drop in Q1 2025 Amid Rising Global Tariff Uncertainties

Volvo Group's Q1 2025 sales fell by 7% due to global tariff uncertainties, with auto sales dropping 9%. Despite challenges, the company secured a 10.9% operating margin, showcasing...

Business

Volkswagen Announces Strategic Production Adjustments in China Amid Fierce Competition

Volkswagen Group CEO Oliver Blume announces production adjustments in China due to intense competition, following a similar strategy to Germany's restructuring. The company also in...

Business

Nissan Announces $1.4 Billion Investment in China to Revitalize Market Presence with New Models

Nissan plans a $1.4 billion investment in China by 2026 to boost sales and market share, introducing ten new models including its first plug-in hybrid, as announced by CFO Stephen ...

Business

EU Slams Apple and Meta with Hefty €700M Fines for Breaking Competition Rules

The European Commission fines Apple and Meta €700M for competition law violations, highlighting the EU's firm stance on digital market fairness and consumer protection under the Di...

Business

Lord's Mark Group Expands Globally: Launching Lord's Global in the USA to Revolutionize Healthcare and Renewable Energy

Lord's Mark Group launches Lord's Global in the USA, aiming to expand its healthcare and renewable energy solutions globally, starting with a significant USD 1 million order from L...

Business

Volkswagen Announces Strategic Production Adjustments in China Amid Fierce Market Competition

Volkswagen Group CEO Oliver Blume announces production adjustments in China due to intense market competition, following a similar strategy to Germany's 2024 cuts. Despite leading ...