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Business

Daimler Truck Faces 8% Global Delivery Decline in Q1 2025 Amid Mixed Regional Performances

Daimler Truck AG reports an 8% decline in global Q1 2025 sales, with notable drops in Mercedes-Benz Trucks and North America units, while Asia and Buses segments show growth.

Business

Walgreens Q2 Fiscal 2025: A Surprising 3.9% Sales Jump to $38.6 Billion Despite Challenges

Walgreens Boots Alliance Inc. announced a 3.9% increase in Q2 fiscal 2025 sales to $38.6 billion, exceeding expectations. Despite a net loss, improvements were noted in cost manage...

Business

TSMC Faces Hefty $1 Billion Fine in US Over Alleged Huawei Sanctions Violation

TSMC could face a $1 billion fine from the US for allegedly violating sanctions against Huawei by collaborating on technology projects. The investigation suggests a possible link t...

Business

Porsche Faces 8% Sales Decline in Q1 2025, Yet Electrified Vehicles Shine

Porsche AG reports an 8% sales drop in Q1 2025, with significant declines in China and Germany. However, electrified vehicles show strong growth, representing 38% of total deliveri...

Business

Amazon and Airbus Forge Pioneering Partnership for Next-Gen Inflight Connectivity

Airbus and Amazon join forces to transform inflight connectivity through Project Kuiper's satellite network, offering gigabit speeds to meet passenger expectations, with a FCC dead...

Business

Daimler Truck Faces 8% Sales Decline in Q1 2025 Amidst Mixed Global Performance

Daimler Truck AG reports an 8% decline in Q1 2025 global sales, with notable decreases in North America and Mercedes-Benz Trucks, while Asia and buses show growth. Electric vehicle...

Business

Walgreens Reports a 3.9% Sales Surge to $38.6 Billion in Q2, Beating Analysts' Expectations

Walgreens Boots Alliance Inc. announced a 3.9% increase in Q2 sales to $38.6 billion, outperforming expectations. Despite a reduced net loss, challenges remain, including legal set...

Business

US Threatens TSMC with $1 Billion Fine Over Alleged Huawei Sanctions Violation

TSMC could face over $1 billion in fines from the US for allegedly violating sanctions against Huawei by collaborating on tech projects. The chipmaker has vowed to comply with US r...