Business News

Business

Mastercard's Q2 Earnings Soar: A 17% Revenue Jump to $8.1B Highlights Strong Financial Health

Mastercard Inc. reports a 17% increase in Q2 revenue to $8.1 billion, with net income up 14% to $3.7 billion. CEO Michael Miebach emphasizes strategic partnerships and innovation.

Business

Visa Revolutionizes Global Payments with Expanded Stablecoin and Blockchain Support

Visa Inc. expands its settlement platform to include additional USD-backed stablecoins, new blockchains, and a euro-backed stablecoin, aiming to transform global money movement wit...

Business

UK Government Boosts Ford's Electric Future with a £1B Export Guarantee

The UK government has pledged a £1 billion export guarantee to Ford Motor Company to support its transition to electric vehicle production, marking a significant step towards susta...

Business

Apple's Q3 Earnings Preview: Navigating Trade Pressures and Innovation for Growth

Apple Inc. is set to release its Q3 results amidst trade pressures and innovation, with analysts forecasting modest revenue growth. Political tensions and product launches, includi...

Business

China Halts US Investment Approvals Amid Rising Trade Tensions: What's Next?

China has suspended approvals for corporate investments into the US amid escalating trade tensions, following tariff hikes by the US. Chinese investments in the US have significant...

Business

Jamie Dimon Urges Caution on Federal Reserve's Interest Rate Decisions Amid Market Uncertainties

JPMorgan Chase CEO Jamie Dimon advises caution on the Federal Reserve's interest rate decisions, warning of underestimated inflation risks and overestimated rate cut probabilities,...

Business

Fox Corporation Secures Major Stake in Penske Entertainment, Boosting IndyCar's Future

Fox Corporation acquires a significant stake in Penske Entertainment, promising enhanced IndyCar broadcasts and collaborative growth strategies, with the deal valued around $125-$1...

Business

Ergo Commits €130 Million to GenAI Innovation, Spotlighting India as a Tech Powerhouse

German insurer Ergo is investing over €130 million in generative AI infrastructure, with India playing a key role in its global tech transformation. The investment aims to develop ...