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Business

UBS Surpasses Analyst Expectations with a Staggering $1.7 Billion Q1 Net Profit

UBS Group AG reports a net profit of $1.7 billion for Q1 2025, surpassing analyst expectations with a strong operational performance and strategic client focus under CEO Sergio P. ...

Business

ArcelorMittal Faces 9% Sales Drop in Q1 2025 Amid Weakening Steel Prices and Global Demand

ArcelorMittal reports a 9% sales decline in Q1 2025 to $14.8 billion, with net income falling 14% to $805 million, due to weaker steel prices and global demand. The company emphasi...

Business

Volkswagen Surpasses Expectations with a 2.8% Revenue Increase to €77.6B in Q1 2025

Volkswagen Group reports a 2.8% revenue increase to €77.6B in Q1 2025, despite a 36.9% plunge in operating profit. Vehicle sales rose slightly, but production declined. The company...

Business

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

Barclays PLC announced an 11% annual rise in total income to £7.7 billion for Q1 2025, with profits before and after tax growing by 19% and 16% respectively. The bank's strong perf...

Business

Stellantis Faces a 14% Revenue Drop in Q1 2025 Amid Tariff Uncertainties and Lower Shipments

Stellantis reports a 14% revenue drop in Q1 2025 to €35.8B, citing lower shipments and tariff uncertainties. The company suspends 2025 guidance, focusing on government engagement a...

Business

TotalEnergies Faces a 33% Plunge in Net Income, What's Next for the Energy Giant?

TotalEnergies SE reports a 33% drop in net income to $3.85 billion in Q1 2025, with adjusted figures also showing significant declines. CEO Patrick Pouyanne comments on the results...

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 a 55% surge in EPS and a 49% increase in operating profit. CEO Emma Walmsley emphasizes the company's strong p...

Business

Akshaya Tritiya 2025: Should You Invest in Gold as Prices Dip by Rs 400 per 10 Grams?

Gold prices on Akshaya Tritiya 2025 saw a dip, sparking debates on investment opportunities. With a 25% surge in early 2025, experts weigh in on market trends and advise cautious i...