Business News

Business

TotalEnergies Faces a Challenging Quarter: Net Income Plummets by 33% to $3.8B

TotalEnergies SE reports a 33% drop in net income to $3.85 billion in Q1 2025, with adjusted figures and EBITDA also declining. Cash flow and earnings per share show significant de...

Business

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

GSK plc announced a 2% increase in Q1 2023 sales to £6.95 billion, with significant growth in earnings per share and operating profit. CEO Emma Walmsley highlighted the strength of...

Business

Why India's RBI is Stockpiling Gold: A Strategic Move to Bolster the Economy Amid Global Uncertainty

The Reserve Bank of India (RBI) has been aggressively increasing its gold reserves, a strategic move to diversify forex holdings amid global economic volatility. India now ranks 7t...

Business

Kerala Leads India with Groundbreaking AI Policy and Infrastructure Boom Thanks to KIIFB

Kerala is pioneering India's first AI policy, supported by KIIFB's massive infrastructure investments, transforming healthcare, education, and agriculture with modern facilities an...

Business

Kerala's Leap Forward: How KIIFB Reforms Are Revolutionizing Higher Education and Infrastructure

Kerala's higher education and public infrastructure are undergoing a transformation, driven by KIIFB's investments. With Rs 6,000 crore allocated, the state is building internation...

Business

GSK Reports a 2% Increase in Q1 Sales, Reaching £7.5 Billion Amid Market Challenges

GSK plc announced a 2% increase in Q1 sales, totaling £6.95 billion, demonstrating resilience in a challenging market. More updates on their performance and strategies are forthcom...

Business

UBS Surpasses Expectations with a Stunning $1.7 Billion Q1 Net Profit

UBS Group AG reported a net profit of $1.7 billion for Q1 2025, surpassing analyst expectations. The bank's operating profit before tax was $2.2 billion, with diluted earnings per ...

Business

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

Barclays PLC announced an 11% rise in Q1 total income to £7.7 billion, with profits before and after tax increasing by 19% and 16% respectively. The bank's strong performance is at...