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Business

Siemens Energy Secures Exclusive Deal to Power Rolls-Royce's Next-Gen Nuclear Reactors

Siemens Energy has announced an exclusive deal to supply key technology for Rolls-Royce's future small modular nuclear reactors (SMRs), marking a significant advancement in nuclear...

Business

Allianz Achieves Record Q4 Growth with 16% Revenue Surge to €45.9B

Allianz SE announced a 16% increase in Q4 revenues for fiscal 2024, reaching €45.9 billion, with net income up by 16.9%. The company also reported growth in operating profit and co...

Business

Breaking News: Russia and US Discuss Restoring Direct Flights in Historic Istanbul Meeting

In a significant move, Russia has proposed the US to consider restoring direct air traffic during talks in Istanbul. Discussions also focused on normalizing diplomatic relations, i...

Business

Microsoft Challenges UK Regulator's Cloud Market Analysis, Highlights AI's Role

Microsoft disputes the UK CMA's findings on the cloud market, emphasizing AI's transformative role and warning against regulatory intervention that could stifle growth and investme...

Business

Allianz Reports a Stellar 16% Revenue Growth in Q4, Reaching €45.9 Billion

Allianz SE announced a 16% revenue increase in Q4 2024, reaching €45.9 billion, with net income up by 16.9%. The company's annual revenues grew by 11.2% to €179.8 billion, showcasi...

Business

Payday Chaos: Major UK Banks Hit by Widespread Online Banking Disruptions

Major UK banks experienced online banking disruptions on payday, affecting access to funds. Lloyds, Halifax, Bank of Scotland, TSB, Nationwide, and First Direct were impacted, with...

Business

Siemens Energy Secures Exclusive Deal with Rolls-Royce for Future Nuclear Reactor Technology

Siemens Energy has entered an exclusive agreement to supply Rolls-Royce with key technology for its future small modular nuclear reactors, highlighting a global shift towards more ...

Business

Russia and US Explore Resumption of Direct Flights in Istanbul Negotiations

Russia has proposed restoring direct flights with the US during Istanbul talks, focusing on easing diplomatic restrictions, ensuring mission financing, and improving diplomats' wor...