Business News

Business

Bill Ackman's Pershing Square Makes a Bold $900M Investment in Howard Hughes Holdings

Howard Hughes Holdings Inc. announces a $900M investment from Pershing Square Capital Management at a 48% premium, with Bill Ackman appointed as Executive Chairman, aiming to diver...

Business

Erste Group Seals Monumental €7B Deal with Santander, Eyeing Expansion in Poland

Erste Group Bank AG announces a €7.0 billion deal with Banco Santander, acquiring significant stakes in Santander Bank Polska Group and Santander Towarzystwo Funduszy Inwestycyjnyc...

Business

BioNTech Strengthens Leadership Team with Ramon Zapata-Gomez as New CFO Starting July 2025

BioNTech SE has named Ramon Zapata-Gomez as its new CFO, effective July 1, 2025, bringing global finance expertise from Novartis. Chairman Helmut Jeggle praises his leadership and ...

Business

BioNTech Reports Slight Revenue Dip in Q1 2025 Amid Strategic Advances and New CFO Appointment

BioNTech SE reported a 2.5% decrease in Q1 2025 revenue to €182.8 billion, missing estimates, with a net loss of €415.8 million. The company maintains its fiscal 2025 revenue guida...

Business

Bajaj Finance Revolutionizes Personal Loans: Easy Online Applications and Quick Disbursals

Bajaj Finance offers a hassle-free online personal loan application process with instant approval, flexible repayment options, and quick disbursal within 24 hours. No collateral re...

Business

Moody's Alert: Pakistan Faces Greater Economic Risks Than India Amid Rising Tensions

Moody's Ratings warns of greater economic risks for Pakistan than India amid rising tensions, highlighting potential impacts on growth, fiscal consolidation, and external financing...

Business

Warren Buffett to Pass the Torch: Greg Abel Named as Successor to Lead Berkshire Hathaway

Berkshire Hathaway's board unanimously approves Greg Abel as the next CEO, with Warren Buffett staying on as chairman. Abel, currently vice chairman and CEO of Berkshire Hathaway E...

Business

BioNTech Reports a Slight Dip in Q1 Revenue to €182.8M Amidst Strategic Advances

BioNTech SE reports a 2.5% decrease in Q1 revenue to €182.8M, missing estimates, with a net loss of €415.8M. The company maintains its revenue guidance for fiscal 2025 and announce...