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Business

Apple Plans to Launch iPhone Assembly Plant in Indonesia Amid Sales Ban

Apple Inc. is planning to open an iPhone assembly plant in Indonesia to comply with local manufacturing requirements and potentially lift the sales ban on iPhone 16. Preparations a...

Business

Unilever Reports Slight Q4 Turnover Dip to €14.2B Amidst Strategic Overhaul

Unilever plc announced a slight 0.1% decrease in Q4 2024 turnover to €14.2 billion, with a 4% underlying sales growth. The company also reported a 1.9% increase in full-year turnov...

Business

Alibaba and Apple Forge Groundbreaking AI Partnership for iPhones in China

Alibaba Group has officially partnered with Apple Inc. to integrate its AI technology into iPhones in China, marking a significant milestone in the tech industry. This collaboratio...

Business

Barclays Achieves Record Total Income of £28.8 Billion in 2024

Barclays reports a historic total income of £28.8 billion for 2024, marking a significant achievement in its financial journey. The bank credits this success to strategic growth, i...

Business

Nestle Reports a 1.8% Sales Decline to 91.35B Swiss Francs in 2024 Amid Challenges

Nestle S.A. reported a 1.8% sales decline to 91.35 billion Swiss francs in 2024, with a net profit decrease of 2.9%. Despite challenges, the company achieved 2.2% organic growth an...

Business

Indian Stock Market Soars: Sensex and Nifty50 Open Strong, Eyeing Further Gains

Indian stock markets opened strong with BSE Sensex and Nifty50 in the green, amidst global market volatility and anticipation of strategic discussions during Prime Minister Modi's ...

Business

Steady SIP Investments in Mutual Funds Defy Sensex Slump: A Closer Look

Despite a volatile market, retail investors maintained steady SIP investments in mutual funds in January, with a notable shift towards hybrid funds. The mutual fund industry saw a ...

Business

Vodafone Idea CEO Advocates for More Frequent Telecom Tariff Increases in India

Vodafone Idea's CEO, Akshaya Moondra, suggests reducing the interval between telecom tariff hikes in India to nine months, citing current return on capital metrics. This follows la...