Business News

Business

Apple Considers Shifting US iPhone Production to India by 2026 Amid China Tensions

Apple Inc. is planning to move all US-bound iPhone production to India by 2026, aiming to reduce reliance on China amid geopolitical tensions. This could lead to over 60 million iP...

Business

SLB Faces Challenging Q1 with 3% Revenue Drop to $8.49 Billion Amid Global Market Shifts

SLB announced a 3% year-on-year revenue decline to $8.49 billion in Q1 2025, with net income dropping by 25%. CEO cited varied global market performances affecting results.

Business

Colgate-Palmolive Q1 2025: Net Sales Dip 3.1% to $4.9B Yet Beats Expectations

Colgate-Palmolive Co. announced a 3.1% decrease in Q1 2025 net sales to $4.9B, outperforming expectations. EPS rose by 2% to $0.85, with net income up 1.02% to $690M. The company f...

Business

Meta's Llama AI Joins the Stars: Revolutionizing Space Research Aboard the ISS

Meta Platforms Inc. announces the deployment of its open-source AI model, Llama, to the ISS National Lab in partnership with Booz Allen Hamilton. This collaboration aims to enhance...

Business

Jio Platforms Reports Stellar 25.7% Profit Surge in Q4, Marking a Year of Significant Growth

Jio Platforms, part of Reliance Industries, reported a 25.7% increase in Q4 profit to Rs 7,022 crore, with ARPU rising to Rs 206.2. Annual revenue grew by 17% to Rs 1,28,218 crore,...

Business

SLB Reports a 3% Drop in Q1 Revenue to $8.49 Billion Amid Global Challenges

SLB announced a 3% year-on-year revenue decline to $8.49 billion in Q1 2025, with net income dropping by 25% to $797 million. CEO Olivier Le Peuch attributed the results to mixed g...

Business

Apple Plans Major Shift: Moving US iPhone Production to India by 2026 Amid China Tensions

Apple Inc. is planning to shift all US-bound iPhone production to India by 2026, aiming to reduce reliance on China amid geopolitical tensions. This could lead to over 60 million i...

Business

Colgate-Palmolive Q1 2025: A Mixed Bag with Net Sales Dip but EPS Rise, Beating Estimates

Colgate-Palmolive reports a 3.1% drop in Q1 2025 net sales to $4.9B, yet beats expectations with a 2% EPS rise to $0.85 and a slight net income increase. The company forecasts orga...