Business News

Business

Novo Nordisk Reports Impressive 13% Sales Growth in Q2 2025, Despite Lowered Full-Year Guidance

Novo Nordisk A/S reports a 13% increase in Q2 2025 sales to 76.9 billion Danish kroner, with net profit up by 32%. The company has lowered its full-year sales growth forecast due t...

Business

OpenAI Eyes $500 Billion Valuation in Groundbreaking Secondary Share Sale Talks

OpenAI is in talks for a secondary share sale that could value the company at $500 billion, a significant leap from its previous $300 billion valuation, with Thrive Capital among i...

Business

Bayer AG Faces Challenging Q2: Sales Dip 3.6% to €10.7 Billion Amid Rising Losses

Bayer AG reports a 3.6% decline in Q2 sales to €10.7 billion, with net losses widening to €199 million. The first half of 2025 sees a 1.7% sales drop and a 44% decrease in net inco...

Business

Sanofi Strengthens Neurology Pipeline with $470M Vigil Neuroscience Acquisition

Sanofi SA has finalized its acquisition of Vigil Neuroscience, Inc., enhancing its neurology pipeline with VG-3927, a promising Alzheimer's treatment, in a deal worth $470 million....

Business

Honda's First Quarter Profits Halve Amid Economic Challenges and Tariff Impacts

Honda Motor Co. Ltd. faces a 50.2% drop in first-quarter profits to ¥196.7 billion, with earnings per share falling to ¥46.80. Operating profit and sales revenue also declined, pro...

Business

Elon Musk Reveals Grok Imagine's Stunning 50% Daily Growth, Calls It 'Hyperviral'

Elon Musk reports Grok Imagine, xAI's image and video generator, is growing by 50% daily, calling it hyperviral. Enhancements, including audio features, are underway. Available to ...

Business

Elon Musk Unveils Tesla's Next-Gen Full Self-Driving Model with 10X Parameters

Tesla CEO Elon Musk announces testing of an upgraded Full Self-Driving model with 10X parameters, aiming for a public release next month if tests succeed.

Business

Indian Stock Markets Hold Steady: Nifty50 and BSE Sensex Await RBI's Crucial Policy Decision

Indian stock markets showed little movement as investors awaited the RBI's policy decision. Global markets and commodities also influenced trading sentiments, with gold prices risi...