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Business

NIO Inc. Reports a Significant 15.2% Revenue Increase in Q4 2024, Reaching $2.7 Billion

NIO Inc. reports a 15.2% increase in Q4 2024 revenue to $2.7 billion, despite a net loss rise. The company achieved a record delivery of 221,970 vehicles, maintaining leadership in...

Business

Apollo Global Management Secures 25% Stake in BP Pipelines for $1 Billion Investment

Apollo Global Management invests $1 billion for a 25% stake in BP Pipelines, aiming to finalize by Q2 2025. This deal highlights the strategic importance of BP Pipelines in transpo...

Business

Apollo Funds Invests $1B for 25% Stake in BP Pipelines, Eyeing Strategic Gas Assets

Apollo Funds invests $1 billion for a 25% stake in BP Pipelines, enhancing its portfolio in the energy sector. This deal supports BP's divestment strategy and opens avenues for fut...

Business

Heathrow Airport Shutdown Forces Major Airlines to Cancel and Divert Flights

A fire at an electrical substation near London Heathrow Airport led to its shutdown, causing major airlines to cancel and divert flights, significantly disrupting travel plans.

Business

Heathrow Airport Shutdown: Air India Flights Diverted Amidst Power Outage Crisis

London Heathrow Airport has been shut down for 24 hours due to a significant power outage caused by a fire at an electrical substation. Air India flights have been diverted or retu...

Business

Adani Energy Solutions Secures Major Rs 2,800 Crore Project in Gujarat for Green Energy Revolution

Adani Energy Solutions Ltd (AESL) has secured a Rs 2,800 crore power transmission project in Gujarat, aimed at facilitating green hydrogen and ammonia production. This initiative e...

Business

Citi's Strategic Pivot: How Insourcing IT Could Reshape the Indian Tech Landscape

Citigroup plans to reduce reliance on external IT contractors, shifting towards in-house capabilities. This strategic move could impact Indian IT firms and reshape the banking IT l...

Business

Heathrow Airport Shutdown Sparks Chaos: Major Airlines Cancel and Divert Flights

A fire-induced shutdown at London Heathrow Airport has led to massive flight cancellations and diversions by major airlines, including British Airways and Virgin Atlantic, causing ...