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Business

Walmart Steps Back from Q1 Profit Forecast Amid Rising Tariff Uncertainties

Walmart Inc. refrains from reaffirming its Q1 income target due to tariff uncertainties, with CEO Doug McMillon emphasizing cost control and competitive pricing amidst volatile mar...

Business

Walmart Revises Q1 Financial Forecast Amid Rising Tariff Uncertainties and Market Challenges

Walmart Inc. has opted not to reaffirm its Q1 income target due to uncertainties from new tariffs on imports from China and Vietnam, while still expecting sales growth. CEO Doug Mc...

Business

Elon Musk's Starlink Battles for Subsidies in Canada Amidst Rising Competition and Political Tensions

Elon Musk's Starlink faces opposition in Canada as telecom giant Bell seeks to block it from receiving federal subsidies for internet in northern areas, sparking a debate over comp...

Business

Fitch Downgrades Alibaba and Tencent: A Reflection of China's Economic Challenges

Fitch Ratings has downgraded Alibaba and Tencent's credit ratings following China's sovereign downgrade, reflecting the close ties between these companies and China's regulatory en...

Business

UK to Welcome First Universal Theme Park in Europe: A Game-Changer for Bedfordshire and Beyond

British Prime Minister Keir Starmer announces a deal with Universal to build Europe's first Universal theme park in Bedfordshire, promising 28,000 jobs and a £50 billion boost to t...

Business

Delta Air Lines Q1 2025: A 2% Revenue Surge to $14 Billion Amidst Economic Uncertainties

Delta Air Lines Inc. reports a 2% revenue increase to $14 billion in Q1 2025, with a significant 516% rise in EPS. Despite a 7% drop in operating income, the airline shares gained ...

Business

Breaking: PM Modi Approves Rs 1878 Crore, 19-km Bypass to Ease Traffic in Panchkula & Zirakpur

The Indian government has approved a Rs 1878 crore, 19.2 km six-lane bypass project to decongest Panchkula and Zirakpur, facilitating smoother traffic flow and direct connectivity ...

Business

RBI Empowers NPCI to Set UPI Transaction Limits for Merchants: A Move Towards Flexible Digital Payments

RBI Governor Sanjay Malhotra announces NPCI's new authority to set UPI transaction limits for merchants, alongside a repo rate cut to 6.0%, signaling a push towards flexible digita...