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Business

Adobe Unveils Groundbreaking AI Image Generation Models for Firefly App, Coming to Mobile Soon

Adobe announces new AI models for Firefly, including Firefly Image Model 4 and Ultra, with mobile support coming soon. Partnerships with Google and OpenAI expand creative options, ...

Business

Nokia Contemplates US Manufacturing Expansion to Combat Trump-Era Tariffs, CEO Reveals

Nokia's CEO Justin Hotard announces plans to potentially expand US manufacturing to counter Trump-era tariffs, emphasizing the US market's importance and addressing financial chall...

Business

Roche Reports a Strong Start to 2025 with 6% Sales Growth in Q1

Roche AG reports a 6% sales growth in Q1 2025, with pharmaceuticals leading at 8% increase. CEO Schinecker outlines a USD 50 billion investment plan to strengthen US operations and...

Business

Sanofi Reports Stellar 10.8% Growth in Q1 Net Sales, Reaching €9.9 Billion

Sanofi SA reports a 10.8% increase in Q1 net sales to €9.9 billion, with significant growth in net income and EPS. CEO Paul Hudson reaffirms the company's 2025 guidance, showcasing...

Business

Unilever Faces a Slight Dip in Q1 Turnover to €14.8B Amid Resilient Performance

Unilever reports a 0.9% decline in Q1 turnover to €14.8B for fiscal 2025, with a resilient 3% underlying sales growth. Segments like Food and Personal Care show strong performance,...

Business

Revolut Aims for Global Dominance: Targeting 100 Million Daily Users in 100 Countries

Revolut announces a goal of 100 million daily users across 100 countries, backed by a 38% increase in customers and 72% revenue growth in 2024, marking its fourth profitable year.

Business

Norway's Giant Wealth Fund Faces $40B Q1 Loss Amid Tech Sector Turmoil

Norway's Norges Bank Investment Management reports a $40 billion loss in Q1 2025, attributed to market fluctuations and tech sector downturns, with equities making up 70% of the fu...

Business

Nestle India Faces Profit Dip Amidst Sales Growth: A Deep Dive into Q4 FY25 Performance

Nestle India reports a 6.5% decline in Q4 FY25 net profit to Rs 873.46 crore, with sales up 3.7% to Rs 5,448 crore, amid food inflation and moderated urban consumption. Domestic sa...