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Business

Daimler Truck Sets Ambitious Goal: 50% Free Cash Flow Surge by 2030 Amid Strategic Overhaul

Daimler Truck aims for a 50% increase in free cash flow by 2030, targeting over 12% ROS and 3-5% annual revenue growth, with a focus on zero-emission vehicles and market expansion.

Business

Public Provident Fund (PPF) Interest Rates Unchanged for Q2 2025: What Investors Need to Know

The government has kept PPF interest rates unchanged for Q2 2025, maintaining its appeal as a tax-efficient, long-term savings option with benefits like tax-free interest and flexi...

Business

Rishi Sunak Makes a Stunning Return to Goldman Sachs as Senior Adviser Post-Politics

Former UK Prime Minister Rishi Sunak is returning to Goldman Sachs as a senior adviser, his first major role post-politics. This move signifies a homecoming to where he started his...

Business

EDF Commits £1.1 Billion Investment in UK's Sizewell C Nuclear Plant, Securing a 12.5% Stake

EDF announces a £1.1 billion investment in the Sizewell C nuclear plant, securing a 12.5% stake. The deal includes a 15-year fuel production agreement with Urenco and a £5 billion ...

Business

Daimler Truck Unveils Strategic Overhaul: 5,000 Jobs in Germany to Be Cut by 2030 Amid Billion-Euro Savings Plan

Daimler Truck announces a strategic plan to cut 5,000 jobs in Germany by 2030, aiming to save over €1 billion. The focus is on the Mercedes-Benz Trucks division, with efforts to ac...

Business

After Tragic Air India Crash, Indian Aviation Safety and Fare Surge Under Parliamentary Scrutiny

Following the Air India crash in Ahmedabad, Indian aviation safety is under parliamentary review. Committees are examining lapses, with discussions on infrastructure, fare surges, ...

Business

Disney and Hearst Explore Sale of A+E Global Media Amid Streaming Wars

Walt Disney Co. and Hearst Communications are considering selling A&E Television Networks LLC, known as A+E Global Media, due to the challenges posed by streaming platforms. The sa...

Business

Major German Corporations Launch Massive Investment Initiative to Boost National Economy

Leading German companies are planning a significant investment offensive to boost the economy, involving hundreds of billions of euros for new plants, modernization, and products. ...