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Business

GE HealthCare Surpasses Expectations with a 3% Revenue Increase to $4.8 Billion in Q1

GE HealthCare Technologies Inc. reports a 3% revenue increase to $4.8 billion in Q1 2025, with net income up 50.8%. The company also announces a $1 billion share repurchase program...

Business

Novartis AG Announces Groundbreaking $1.7B Acquisition of Regulus Therapeutics to Revolutionize ADPKD Treatment

Novartis AG is set to acquire Regulus Therapeutics in a deal worth up to $1.7B, aiming to advance the treatment for ADPKD through the development of farabursen, with the transactio...

Business

Intel Faces Leadership Shake-Up as Chief Commercial Officer Christoph Schell Steps Down

Intel Corporation announces the resignation of Chief Commercial Officer Christoph Schell, effective June 30, marking the second major leadership change after the appointment of new...

Business

Airbus Soars with a 6% Revenue Jump to €13.5 Billion in Q1 2025

Airbus SE reports a 6% revenue increase to €13.5 billion in Q1 2025, with net income up by 33%. CEO Guillaume Faury highlights progress amidst supply chain challenges.

Business

Cygni Energy Launches Revolutionary 4.8GWh Battery Gigafactory in Hyderabad, Paving the Way for Sustainable Energy Solutions

Cygni Energy has inaugurated a 4.8GWh battery energy storage system gigafactory in Hyderabad, with plans to expand to 10.8 GWh by 2027. This Rs 250 crore project aims to create ove...

Business

Lockheed Martin and Rheinmetall Forge Strategic Alliance to Boost Europe's Missile Defense Capabilities

Rheinmetall AG and Lockheed Martin Corporation announce an expanded partnership to manufacture rockets and missiles in Europe, aiming to enhance the continent's security and self-r...

Business

Microsoft Unveils Strategic Digital Commitments to Enhance Europe's Tech Landscape and Cybersecurity

Microsoft announces five digital commitments in Europe, focusing on AI, cloud ecosystems, cybersecurity, and digital resilience, while advocating for stronger trans-Atlantic econom...

Business

GE HealthCare Surpasses Expectations with a 3% Revenue Increase to $4.8 Billion in Q1

GE HealthCare reports a 3% revenue increase to $4.8 billion in Q1 2025, with net income jumping 50.8%. The company also announces a $1 billion share repurchase program and strategi...