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Business

Walgreens Q2 Fiscal 2025: A Surprising 3.9% Sales Jump to $38.6 Billion Despite Challenges

Walgreens Boots Alliance Inc. announced a 3.9% increase in Q2 fiscal 2025 sales to $38.6 billion, exceeding expectations. Despite a net loss, improvements were noted in cost manage...

Business

TSMC Faces Hefty $1 Billion Fine in US Over Alleged Huawei Sanctions Violation

TSMC could face a $1 billion fine from the US for allegedly violating sanctions against Huawei by collaborating on technology projects. The investigation suggests a possible link t...

Business

Porsche Faces 8% Sales Decline in Q1 2025, Yet Electrified Vehicles Shine

Porsche AG reports an 8% sales drop in Q1 2025, with significant declines in China and Germany. However, electrified vehicles show strong growth, representing 38% of total deliveri...

Business

Amazon and Airbus Forge Pioneering Partnership for Next-Gen Inflight Connectivity

Airbus and Amazon join forces to transform inflight connectivity through Project Kuiper's satellite network, offering gigabit speeds to meet passenger expectations, with a FCC dead...

Business

Daimler Truck Faces 8% Sales Decline in Q1 2025 Amidst Mixed Global Performance

Daimler Truck AG reports an 8% decline in Q1 2025 global sales, with notable decreases in North America and Mercedes-Benz Trucks, while Asia and buses show growth. Electric vehicle...

Business

Walgreens Reports a 3.9% Sales Surge to $38.6 Billion in Q2, Beating Analysts' Expectations

Walgreens Boots Alliance Inc. announced a 3.9% increase in Q2 sales to $38.6 billion, outperforming expectations. Despite a reduced net loss, challenges remain, including legal set...

Business

US Threatens TSMC with $1 Billion Fine Over Alleged Huawei Sanctions Violation

TSMC could face over $1 billion in fines from the US for allegedly violating sanctions against Huawei by collaborating on tech projects. The chipmaker has vowed to comply with US r...

Business

India's Export Crisis: Commerce Minister Piyush Goyal Addresses US Tariff Challenges with Exporters

Commerce Minister Piyush Goyal is meeting with exporters to discuss the impact of new US tariffs, which could affect India's key export sectors and overall trade performance.