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Business

SoftBank Group Reports Stunning 7% Rise in Net Sales to ¥1.82 Trillion in Q1 2025

SoftBank Group Corp. reports a 7% increase in net sales to ¥1.82 trillion and a staggering 5,293% surge in net income to ¥564.14 billion in Q1 2025, with diluted earnings per share...

Business

Deutsche Telekom Reports a Resilient 1% Revenue Growth to €28.7B in Q2 2025 Amid Global Trade Tensions

Deutsche Telekom reports a 1% increase in Q2 2025 net revenue to €28.7B, with net profit up by 25.2% to €2.6B. CEO Tim Höttges highlights sustained growth across the Atlantic, show...

Business

Baidu to Unveil Groundbreaking Reasoning Model in August, Challenging OpenAI and DeepSeek

Baidu Inc. is preparing to introduce a new reasoning model by August's end, aiming to compete with AI giants like OpenAI and DeepSeek. Additionally, an upgraded version of its core...

Business

Gold Prices Surge to $3400 as Trump's 50% Tariff on India Sparks Safe-Haven Rush

Gold prices surged as Trump's new 50% tariff on India fuels safe-haven demand, with spot gold nearing $3400. Analysts see gold as a defensive play amid rising trade tensions and sp...

Business

T&T Group Unveils Rs 700 Crore Luxury Residential Project in Raj Nagar Extension, Redefining Affordable Luxury

T&T Group is set to launch a Rs 700 crore luxury residential project in Raj Nagar Extension, featuring Victorian and Tudor architecture, aiming to redefine affordable luxury with m...

Business

Lakshadweep Elevates Its Tourism Game with Two Luxurious Taj Group Resorts Opening

Lakshadweep welcomes two luxurious Taj Group resorts, marking a significant boost to its tourism sector. The IHCL-operated properties on Bangaram Island and Coral Pearl offer eco-f...

Business

NewMed Energy Strikes a $35 Billion Gas Export Deal with Egypt, Expanding Leviathan Field's Reach

NewMed Energy Management Ltd. signs a $35 billion deal to expand natural gas exports to Egypt by 130 BCM, aiming to increase daily exports to 1,250 MMSCF by 2029, pending infrastru...

Business

Huawei and Chery Forge $1.4 Billion Alliance to Propel Luxeed into the Future of Electric Vehicles

Huawei and Chery have signed a $1.4 billion deal to advance their Luxeed brand into "Phase 2.0," including setting up a dedicated NEV company and expanding R&D. Part of Huawei's HI...