Business News

Business

GSK Reports a 2% Increase in Q1 Sales, Reaching £7.5 Billion Amid Market Challenges

GSK plc announced a 2% increase in Q1 sales, totaling £6.95 billion, demonstrating resilience in a challenging market. More updates on their performance and strategies are forthcom...

Business

UBS Surpasses Expectations with a Stunning $1.7 Billion Q1 Net Profit

UBS Group AG reported a net profit of $1.7 billion for Q1 2025, surpassing analyst expectations. The bank's operating profit before tax was $2.2 billion, with diluted earnings per ...

Business

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

Barclays PLC announced an 11% rise in Q1 total income to £7.7 billion, with profits before and after tax increasing by 19% and 16% respectively. The bank's strong performance is at...

Business

ArcelorMittal Faces Q1 Challenges: Sales Dip to $14.8 Billion Amid Global Steel Demand Slump

ArcelorMittal reports a 9% decline in Q1 2025 sales to $14.8 billion, with net income and EBITDA also falling due to weaker steel prices and global demand. The company remains resi...

Business

Volkswagen Group Reports a 2.8% Increase in Q1 Sales Revenue to €77.6B Amid Mixed Performance

Volkswagen Group reports a 2.8% increase in Q1 revenue to €77.6B, with vehicle sales up slightly but production down. Operating profit fell sharply due to special effects and highe...

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, attributed to lower shipments and tariff uncertainties. The company is adjusting production plans and sees early recover...

Business

TotalEnergies Faces a Challenging Quarter: Net Income Plummets by 33% to $3.8B

TotalEnergies SE reports a 33% drop in net income to $3.85 billion in Q1 2025, with adjusted net income and EBITDA also declining. Cash flow and earnings per share have decreased s...

Business

Santander Surpasses Expectations with a 1% Revenue Increase to €15.5B in Q1 2025

Banco Santander reports a 1% revenue increase to €15.5B in Q1 2025, with profit up 19% to €3.4B. The bank added 9M new customers, totaling 175M globally, and reaffirmed its 2025 go...