Business News

Business

Youth Innovators Revolutionize Inclusive Tourism at Technovate for India's Rajasthan Edition

The Technovate for India – Rajasthan Edition brought together India's brightest young minds to explore how AI, entrepreneurship, and innovation can transform travel experiences and...

Business

Mastercard's Q4 Earnings Skyrocket: A 14% Surge to $7.5 Billion in Revenue

Mastercard Inc. reports a 14% surge in Q4 revenue to $7.5 billion, with operating income up 17% and net income increasing by 20%. The full fiscal year 2024 shows a 12% rise in net ...

Business

Volkswagen Considers Further Cost Reductions Amid Growth and Competitiveness Concerns

Volkswagen Group is considering additional cost-saving measures beyond the 2024 headcount reductions to ensure growth and competitiveness. The company has also revised its profitab...

Business

Landmark Ruling Halts UK's Largest Oil and Gas Projects: A Victory for Climate Campaigners

A Scottish judge ruled the UK government's approval of the Rosebank oilfield and Jackdaw gas project unlawful, marking a victory for climate campaigners. The decision emphasizes th...

Business

UPS Reports a Modest Revenue Increase to $25.3 Billion in Q4 2024

UPS reported a 1.5% increase in Q4 2024 revenue to $25.3 billion, slightly missing analysts' expectations. Net income was $1.7 billion, with a decrease in diluted earnings per shar...

Business

Sam Altman to Unveil Revolutionary AI Technology to White House and Lawmakers

OpenAI CEO Sam Altman will present new AI technology to White House staff and lawmakers, following the launch of a ChatGPT AI chatbot for US government agencies. The tech will be p...

Business

Caterpillar Reports 5% Drop in Q4 Sales to $16.2B Amidst Profit Growth

Caterpillar Inc. announced a 5% decrease in Q4 sales to $16.2 billion, with a 4% profit increase to $2.8 billion. The company's 2024 revenue fell 3.9% to $61.9 billion, while profi...

Business

Comcast Achieves 2.1% Revenue Growth in Q4, Reaching $31.9 Billion

Comcast Corporation reports a 2.1% increase in Q4 revenue to $31.9 billion for fiscal year 2024, with net income soaring by 46.6%. The company also highlights future strategic init...