Business News

Business

Ford Issues Massive Recall: Over 64,500 Vehicles Affected by Software and Hardware Issues

Ford Motor Co. recalls over 64,500 vehicles due to software and hardware issues affecting video output, body and powertrain control modules, and rearview camera image quality. Deal...

Business

India Aims for Swift Trade Deals by Prioritizing Core Issues in FTAs, Reveals Commerce Secretary

India is prioritizing core trade issues in FTA negotiations for quicker outcomes, focusing on tariffs and non-tariff barriers. Commerce Secretary Sunil Barthwal emphasizes the impo...

Business

Santander UK Announces Major Workforce Reduction: 750 Jobs at Risk

Santander UK plans to lay off 750 employees as part of a strategy to close 95 branches, aiming to modernize its network to 349 branches by June 2025, including various service mode...

Business

Tencent's Revenue Soars: A 11% Leap to $24 Billion in Q4 2024

Tencent Holdings Ltd. reports an 11% revenue increase to $24 billion in Q4 2024, with a yearly rise of 8% to $91.9 billion. The company attributes its success to AI advancements, V...

Business

Santander UK Announces Major Overhaul: 750 Jobs at Risk in Branch Closures

Santander UK is set to close 95 branches, potentially affecting 750 jobs, as part of a network reform aimed at modernizing its operations and adapting to changing customer needs. B...

Business

Tencent's Q4 Revenue Surges by 11% to $24 Billion, Driven by AI and Gaming Growth

Tencent Holdings Ltd. announced an 11% increase in Q4 2024 revenues to $24 billion, driven by AI-powered advertising, Video Accounts engagement, and gaming growth. Yearly revenues ...

Business

Navigating the Weaponization of Global Goods: Insights from Jaishankar on Trade and Security

External Affairs Minister S Jaishankar discusses the evolving dynamics of global trade, emphasizing the importance of national security, trust, and strategic partnerships in busine...

Business

How US Immigration Policy Changes Impact TCS and Infosys: Insights from Moody's

Recent US H-1B visa policy changes under President Trump's administration pose challenges for Indian IT giants like TCS and Infosys, increasing operational costs and potential disr...