Burberry plans to eliminate 1,700 jobs globally, 18% of its workforce, aiming to save £60 million over two years amid revenue decline. The cuts are part of cost-saving measures inc...
Foxconn reports a 91% surge in Q1 net income to $1.4 billion, with operating revenue up 23% and EPS increasing by 91%, showcasing strong financial health and operational efficiency...
GSK plc has entered into a $2 billion agreement with Boston Pharmaceuticals Inc. to acquire efimosfermin alfa, a phase III-ready treatment for steatotic liver disease, marking a si...
Gold prices fluctuate amid trade uncertainties and geopolitical tensions. Experts weigh in on the outlook for gold rates, key influencing factors, and investment strategies for the...
Daimler Truck's Q1 2025 revenue fell by 6% to €12.4 billion, with net profit and sales also declining. CFO Eva Scherer emphasizes resilience and strategic focus amid economic uncer...
Samsung Electronics announces a €1.5 billion acquisition of FlaktGroup, a German HVAC specialist, aiming to lead the global HVAC market. The deal, expected to close by 2025, is see...
E.ON SE reports a 22% increase in Q1 adjusted net income to €1.03 billion, with adjusted EBITDA up 18% to €3.2 billion. The company aims for €8.6 billion in 2025 investments, stres...
Sony Group Corporation reported an 8.7% increase in Q4 net income to ¥197.3 billion ($1.34 billion) despite a 11% drop in operating income. Annual net income rose 18% to ¥1.14 tril...
