Business News

Business

Airbus Soars with a 6% Revenue Jump to €13.5 Billion in Q1 2025

Airbus SE reports a 6% revenue increase to €13.5 billion in Q1 2025, with net income up by 33%. CEO Guillaume Faury highlights progress amidst supply chain challenges.

Business

Amul Announces Rs 2 Per Litre Milk Price Hike Effective May 1 Amidst Heatwave

Amul has announced a Rs 2 per litre price hike for its milk products effective May 1, 2025, citing a routine market review. This follows Mother Dairy's similar move due to the heat...

Business

Nvidia CEO Jensen Huang Warns: China's AI Advancements Are Closer Than You Think

Nvidia CEO Jensen Huang discusses the US's potential for domestic chip manufacturing and China's close competition in AI development, highlighting the global AI research landscape ...

Business

GSK Reports a 2% Increase in Q1 Sales to £7.5 Billion, Highlighting Strong Portfolio Resilience

GSK plc announced a 2% increase in Q1 2023 sales to £6.95 billion, with significant growth in earnings and operating profit. The company highlights strong portfolio performance and...

Business

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

Rheinmetall AG and Lockheed Martin Corporation are expanding their partnership to manufacture rockets and missiles in Europe, aiming to enhance the continent's security and self-re...

Business

Microsoft Unveils Strategic Digital Commitments to Bolster Europe's Tech Ecosystem and Cybersecurity

Microsoft announces five digital commitments to Europe, focusing on AI, cloud ecosystems, cybersecurity, and competitiveness, while reinforcing trans-Atlantic economic ties.

Business

GE HealthCare Surpasses Expectations with a 3% Revenue Increase to $4.8 Billion in Q1 2025

GE HealthCare Technologies Inc. reports a 3% year-on-year revenue increase to $4.8 billion in Q1 2025, with net income jumping 50.8%. The company also announces a $1 billion share ...

Business

Novartis AG Strikes a Game-Changing $1.7 Billion Deal to Acquire Regulus Therapeutics Inc.

Novartis AG has entered into a groundbreaking agreement to acquire Regulus Therapeutics Inc. for up to $1.7 billion, including an initial $0.8 billion payment and potential future ...