Business News

Business

Adidas Achieves Stellar 24% Growth in Q4 Net Sales, Reaching €5.96 Billion

Adidas AG announced a remarkable 24% increase in net sales to €5.96 billion in Q4 2024, showcasing a significant financial recovery. CEO Bjorn Gulden expressed satisfaction with th...

Business

Indian Stock Market Opens Higher: Sensex and Nifty50 Show Resilience Amid Global Uncertainties

Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday despite global uncertainties. Analysts suggest the market may remain subdued due to weak globa...

Business

Unlocking the Best Stock Picks for March 5, 2025: Expert Recommendations Revealed

Explore expert stock recommendations for March 5, 2025, featuring Force Motors, GMR Airports, and Hindalco. Discover why these stocks are poised for growth and how to strategically...

Business

Prime Venture Partners Unveils $100M Fund to Fuel Early-Stage Indian Startups

Prime Venture Partners launches a $100 million fund to invest in early-stage Indian startups, focusing on fintech, AI/deeptech, global SaaS, and Digital India. The fund has secured...

Business

Google Appeals to DoJ: Reconsider the Push for Our Breakup Amid Monopoly Concerns

Google LLC has reportedly asked the U.S. Department of Justice to reconsider efforts to break up the company, following a judge's ruling that deemed its online search dominance an ...

Business

Stellantis Warns of Competitive Disadvantage Due to US Tariffs on Imports

Stellantis N.V. warns that new US tariffs on imports from Canada and Mexico could disadvantage its brands against European and Asian competitors. The company is seeking discussions...

Business

Finance Minister Nirmala Sitharaman Vows to Simplify Regulations for a Thriving Indian Economy

Finance Minister Nirmala Sitharaman outlines the government's plans to reduce regulatory burdens and enhance trust-based governance, aiming to make India a seamless, export-friendl...

Business

Goldman Sachs Announces Major Workforce Reduction: VPs in the Crosshairs

Goldman Sachs is set to reduce its workforce by 3% to 5%, with vice presidents expected to be the main target. CEO David Solomon cited overhiring as a key reason, aiming to enhance...