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Business

Volkswagen's Q1 2025: A Surge in Revenue Amidst Challenges, Electrification Leads the Way

Volkswagen Group reports a 2.8% increase in Q1 2025 revenue to €77.6B, with a rise in vehicle sales and deliveries. Despite a drop in production and operating profit, electrificati...

Business

Barclays Reports Stellar Q1 Performance with 11% Income Surge to £7.7 Billion

Barclays PLC announces an 11% increase in Q1 total income to £7.7 billion, with profits before and after tax rising by 19% and 16% respectively. The bank attributes this success to...

Business

Stellantis Faces a 14% Revenue Drop in Q1 2025 Amid Tariff Uncertainties and Shipment Declines

Stellantis reports a 14% drop in Q1 2025 revenues to €35.8B, attributed to lower shipment volumes and tariff uncertainties. The company is adjusting production plans and engaging w...

Business

TotalEnergies Faces a 33% Plunge in Net Income to $3.8B in Q1 2025: What's Next?

TotalEnergies SE reports a 33% drop in net income to $3.85 billion in Q1 2025, with adjusted figures also showing declines. CEO Patrick Pouyanne remains optimistic about the compan...

Business

GSK Reports a 2% Increase in Q1 Sales to £7.5 Billion, Highlighting Strong Portfolio Performance

GSK plc reports a 2% increase in Q1 2023 sales to £6.95 billion, with significant growth in EPS and operating profit. CEO Emma Walmsley underscores the company's strong portfolio a...

Business

Rheinmetall and Lockheed Martin Forge Stronger Ties to Boost Europe's Defense with Missile Production

Rheinmetall AG and Lockheed Martin Corporation are expanding their partnership to produce rockets and missiles in Europe, aiming to enhance the continent's defense capabilities and...

Business

Microsoft Unveils Strategic Digital Commitments to Europe: A Leap Towards Cybersecurity and AI Development

Microsoft announces five digital commitments to Europe, focusing on AI, cloud development, cybersecurity, and data privacy, while emphasizing the importance of trans-Atlantic econo...

Business

India Considers Opposing IMF's $1.3-Billion Loan to Pakistan Amid Rising Tensions and Indus Waters Treaty Suspension

India may oppose a $1.3-billion IMF loan to Pakistan, escalating tensions after suspending the Indus Waters Treaty. The IMF's $7-billion package for Pakistan faces scrutiny amidst ...