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Business

ArcelorMittal Faces 9% Sales Drop in Q1 2025 Amid Global Steel Demand Slump

ArcelorMittal reports a 9% sales drop in Q1 2025 to $14.8 billion, citing weaker steel prices and global demand. Net income and EBITDA also declined, but the company remains resili...

Business

Volkswagen Q1 2025: A Mixed Start with Revenue Up 2.8% Amid Challenges

Volkswagen Group reports a 2.8% revenue increase to €77.6B in Q1 2025, with vehicle sales up 0.9% but production down 3.2%. Operating profit fell 36.9%, with an operating margin of...

Business

Barclays Reports Stellar Q1 Performance: 11% Income Surge to £7.7 Billion

Barclays PLC announces an 11% rise in Q1 total income to £7.7 billion, with significant growth in profits and earnings per share, showcasing strong financial health and strategic r...

Business

Stellantis Faces 14% Revenue Drop in Q1 2025 Amid Tariff Uncertainties and Shipment Declines

Stellantis experiences a 14% revenue drop in Q1 2025, attributed to lower shipment volumes and tariff uncertainties. The company is adjusting production plans and engaging with gov...

Business

TotalEnergies Faces a 33% Plunge in Net Income, Reporting $3.8B in Q1 2025

TotalEnergies SE reports a 33% year-on-year drop in net income to $3.85 billion for Q1 2025, with adjusted figures also showing significant declines. CEO Pouyanne comments on the r...

Business

GSK Reports a 2% Increase in Q1 Sales to £7.5 Billion, Highlighting Strong Portfolio Resilience

GSK plc reports a 2% increase in Q1 2023 sales to £6.95 billion, with core EPS up 4% and operating profit soaring by 49%. CEO Emma Walmsley highlights the strength of the Specialty...

Business

Lockheed Martin and Rheinmetall Forge Strategic Missile Manufacturing Alliance in Europe

Rheinmetall AG and Lockheed Martin Corporation are expanding their partnership to manufacture rockets and missiles in Europe, aiming to enhance the continent's security and self-re...

Business

Times Prime's 'Too Reel To Be True' Contest: A Golden Chance for India's Creative Minds to Win Big

Times Prime launches 'Too Reel To Be True', India's largest social media contest with a Rs 10 lakh prize pool, aiming to discover and reward creative talents across 10 categories. ...