Business News

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...

Business

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

Microsoft's Brad Smith announces five digital commitments for Europe, focusing on AI, cloud ecosystems, cybersecurity, and competitiveness, while advocating for strong trans-Atlant...

Business

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

ArcelorMittal reports a 9% sales drop in Q1 2025 to $14.8 billion, citing weaker steel prices and global demand. Net income and EBITDA also declined, but the company remains resili...

Business

Volkswagen Q1 2025: A Mixed Start with Revenue Up 2.8% Amid Challenges

Volkswagen Group reports a 2.8% revenue increase to €77.6B in Q1 2025, with vehicle sales up 0.9% but production down 3.2%. Operating profit fell 36.9%, with an operating margin of...

Business

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

Barclays PLC announces an 11% rise in Q1 total income to £7.7 billion, with significant growth in profits and earnings per share, showcasing strong financial health and strategic r...