Business News

Business

NASA and SpaceX Set New Launch Date for Groundbreaking SPHEREx and PUNCH Missions

NASA and SpaceX have rescheduled the launch of the SPHEREx and PUNCH missions to March 2. These missions aim to explore the universe's early moments and the Sun's corona, promising...

Business

Eni Records a Stunning 43% Surge in Q4 Net Profit, Reaching €247M

Eni S.p.A. announced a 43% increase in Q4 2024 net profit to €247M, despite a 4.6% drop in sales from operations. Total revenues rose by 4% to €24B, with earnings per diluted share...

Business

Rolls-Royce Announces £1 Billion Share Buyback and Dividend Reinstatement, Stock Soars 16%

Rolls-Royce Holdings plc stock surged 16% following a £1 billion share buyback announcement and dividend reinstatement. The company reported a 15.6% revenue increase and a 55% jump...

Business

Simple Energy EV Startup Secures Series A Funding for Expansion and New Products

Electric vehicle startup Simple Energy is raising Series A funding to expand its distribution network and product pipeline. With a current production capacity of 300,000 vehicles a...

Business

Nvidia Shatters Expectations with a Staggering $39.3 Billion Q4 Revenue

Nvidia announced a record-breaking Q4 revenue of $39.3 billion for fiscal 2025, exceeding expectations with a 78% annual increase. The company also reported significant growth in n...

Business

NASA and SpaceX Reschedule SPHEREx and PUNCH Missions for Groundbreaking Space Exploration

NASA and SpaceX have rescheduled the SPHEREx and PUNCH missions to March 2, aiming to explore the universe's origins and the Sun's corona. These missions promise groundbreaking ins...

Business

China Tightens Grip on US IPOs: A Strategic Move Amid Rising Tensions

China's CSRC has imposed stricter rules on small Chinese companies listing in the US to prevent market manipulation, with a significant drop in IPO approvals. This move is seen as ...

Business

Rolls-Royce Announces Major Share Buyback and Dividend Reinstatement, Stock Surges 16%

Rolls-Royce Holdings plc announces a £1 billion share buyback and reinstates dividends, leading to a 16% stock surge. The company reports a 15.6% revenue increase and 55% operating...