Business News

Business

Bumble Shares Plunge 12% Amid CFO Transition and Disappointing Earnings Report

Bumble Inc. shares fell over 12% after announcing a new CFO and revealing a disappointing earnings report, with significant drops in revenue and paying users, leading to a diluted ...

Business

Uber's Fiscal Q2 2025 Showcases Robust Growth: Revenue Hits $12.7B, Up 18% Yearly

Uber Technologies Inc. reports an 18% increase in Q2 2025 revenue to $12.7 billion, with net income up 33% to $1.35 billion. The company also highlights a 17% growth in gross booki...

Business

India Strongly Condemns US's Additional 25% Tariff on Russian Oil Imports, Vows to Protect National Interests

India has strongly criticized the US's decision to impose an additional 25% tariff on its Russian oil imports, calling it 'extremely unfortunate' and pledging to defend its nationa...

Business

Air India's CEO Reassures Passengers: Strengthening Safety Measures Post-Ahmedabad Crash

Air India's CEO Campbell Wilson reassures passengers of enhanced safety measures and a commitment to care following the AI 171 crash in Ahmedabad, aiming to rebuild trust and confi...

Business

McDonald's Q2 Revenue Soars to $6.8 Billion: A 5% Annual Growth Amidst Menu Innovation

McDonald's reports a 5% annual revenue growth to $6.8 billion in Q2 2025, with net income and earnings per share up by 11% and 12%, respectively. CEO Kempczinski attributes success...

Business

Trump Media Launches Revolutionary AI Search Feature on Truth Social, Beta Testing Now Live

Trump Media and Technology Group Corp. starts beta testing for its AI search feature, Truth Search AI, on Truth Social, powered by Perplexity. The feature aims to provide accurate ...

Business

Banco Sabadell Shareholders Greenlight TSB Sale to Santander for Up to £2.9 Billion

Banco Sabadell shareholders have approved the sale of TSB to Banco Santander, potentially bringing in up to £2.9 billion. The deal, praised for creating significant value, is expec...

Business

Blackstone Makes Historic $3.5 Billion Bid for Japan's Tech Giant TechnoPro

Blackstone announces a historic $3.5 billion tender offer for Japan's leading IT services provider, TechnoPro, marking its largest investment in Japan and highlighting its strategi...