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Business

Intel's Leadership Shakeup Continues as Chief Commercial Officer Christoph Schell Announces Resignation

Intel Corporation's Chief Commercial Officer Christoph Schell has announced his resignation, effective June 30, to pursue another career opportunity. This follows the recent appoin...

Business

IKEA Embraces Compact Retail Strategy with 10,000 Sq Ft Stores in India's Smaller Cities

IKEA is introducing compact-format stores in India's smaller cities, marking a strategic shift to enhance accessibility. These stores, as small as 10,000 square feet, will offer di...

Business

Intel Faces Leadership Shake-Up as Chief Commercial Officer Christoph Schell Announces Resignation

Intel Corporation's Chief Commercial Officer Christoph Schell has announced his resignation, effective June 30, to pursue another career opportunity. This follows the recent appoin...

Business

TotalEnergies Faces a 33% Plunge in Net Income to $3.8B in Q1 2025

TotalEnergies SE reports a 33% year-on-year drop in net income to $3.85 billion in Q1 2025, with adjusted net income and EBITDA also declining. CEO Patrick Pouyanne comments on the...

Business

Lockheed Martin and Rheinmetall Forge Strategic Alliance to Boost Europe's Defense with Local Missile Production

Rheinmetall AG and Lockheed Martin Corporation are expanding their partnership to produce rockets and missiles in Europe, aiming to enhance the continent's defense capabilities. Th...

Business

Microsoft Unveils Strategic Digital Commitments to Enhance Europe's Tech Landscape

Microsoft announces five digital commitments to support Europe's tech ecosystem, cybersecurity, and competitiveness, while emphasizing the importance of trans-Atlantic economic tie...

Business

GE HealthCare Surpasses Expectations with a 3% Revenue Increase to $4.8 Billion in Q1

GE HealthCare Technologies Inc. reports a 3% revenue increase to $4.8 billion in Q1 2025, surpassing expectations with a 50.8% jump in net income and a strategic $1 billion share r...

Business

Caterpillar Reports a 10% Drop in Q1 Sales to $14.2B Amid Construction and Resources Sector Challenges

Caterpillar Inc. faces a 10% sales drop in Q1 2025, with $14.2B in revenues, attributed to construction and resources sectors' declines. Profits fell by 28%, yet the company alloca...