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Business

ArcelorMittal Faces 9% Sales Drop in Q1 2025 Amid Global Steel Demand Slump

ArcelorMittal reports a 9% sales decline in Q1 2025 to $14.8 billion, citing weaker steel prices and global demand. Net income fell 14% to $805 million, with EBITDA down 19%. The c...

Business

Volkswagen Surges Ahead: Q1 Sales Revenue Climbs 2.8% to €77.6B Amidst Market Challenges

Volkswagen Group reports a 2.8% increase in Q1 2025 revenue to €77.6B, with vehicle sales up by 0.9%. Despite a 36.9% drop in operating profit due to special effects and higher cos...

Business

Barclays Reports Stellar Q1 Performance: 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 growing by 19% and 16% respectively. The bank's strong performance is a...

Business

Stellantis Faces a 14% Revenue Drop in Q1 2025 Amidst Global Tariff Uncertainties

Stellantis reports a 14% revenue drop in Q1 2025 to €35.8 billion, citing lower shipment volumes and tariff uncertainties. Despite challenges, the company sees early recovery signs...

Business

TotalEnergies Faces a 33% Plunge in Q1 2025 Net Income, CEO Remains Optimistic

TotalEnergies SE reports a 33% drop in Q1 2025 net income to $3.85 billion, with adjusted figures also declining. CEO Patrick Pouyanne remains positive about the company's performa...

Business

GSK Reports a 2% Rise in Q1 Sales to £7.5 Billion, Marking Strong Start to 2023

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

Business

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

Rheinmetall AG and Lockheed Martin Corporation are expanding their partnership to manufacture rockets and missiles in Europe, aiming to enhance the continent's security and self-re...

Business

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

Microsoft announces five digital commitments aimed at boosting Europe's tech ecosystem, cybersecurity, and competitiveness, while emphasizing compliance with regulations and the im...