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Business

Alibaba Unveils Qwen 3 Series: A Leap Forward in AI with Hybrid Thinking Capabilities

Alibaba Group launches the Qwen 3 series of LLMs, featuring the Qwen3-235B-A22B model, which excels in coding, math, and general tasks. It introduces Thinking and Non-Thinking mode...

Business

HSBC Faces a 15% Revenue Drop to $17.6B in Q1 2025 Amid Economic Uncertainties

HSBC Holdings plc announced a 15% revenue drop to $17.6 billion in Q1 2025, with profits before and after tax significantly decreasing. The bank also revealed a $3 billion share bu...

Business

Deutsche Bank Achieves a Stunning 39% Profit Surge to €2B in Q1 2025

Deutsche Bank's Q1 2025 financial results show a 39% increase in profit to €2 billion, with a 10% rise in net revenues to €8.5 billion, achieving the highest quarterly profit in fo...

Business

Adidas Surges Ahead with a Stellar Q1 Performance: Net Sales Hit €6.15 Billion

Adidas AG reports a strong first quarter in 2025 with net sales of €6.15 billion, a 12.7% increase year over year. The company also saw significant growth in net income and earning...

Business

AstraZeneca Reports a Stellar 7% Revenue Growth to $13.6 Billion in Q1 2025

AstraZeneca announces a 7% revenue increase to $13.6 billion in Q1 2025, with product sales up by 6% to $12.9 billion. The company forecasts continued growth, aiming for $80 billio...

Business

BP's First Quarter Profits Take a Dramatic 69% Dive to $687 Million Amid Market Challenges

BP plc reports a 69% plunge in Q1 2025 profits to $687 million, citing lower operating cash flow and weak gas trading. Despite challenges, the company increases dividends and highl...

Business

AstraZeneca Reports a Robust 7% Revenue Growth to $13.6 Billion in Q1 2025

AstraZeneca announces a 7% revenue growth to $13.6 billion in Q1 2025, with product sales up by 6% and core operating profit increasing by 12%. The company forecasts continued grow...

Business

HSBC Reports a 15% Revenue Drop to $17.6B in Q1 2025 Amid Global Economic Uncertainties

HSBC Holdings plc announced a 15% revenue drop to $17.6 billion in Q1 2025, with profits before tax decreasing by $3.2 billion. The bank also revealed a $3 billion share buy-back a...