Business News

Business

Akasa Air Faces Second DGCA Show Cause Notice in a Week: Operations Manual Violations

The DGCA has issued a show cause notice to Akasa Air for alleged lapses in its operations manual and non-compliance with civil aviation requirements, marking the second such notice...

Business

Meta Fined €251 Million by EU Privacy Regulator Over Data Breach

The European Union's lead privacy regulator fines Meta 251 million euros for a data breach affecting millions of Facebook accounts globally, including about 3 million in the EU.

Business

Fuji Soft Rejects Bain's Higher Buyout Offer, Sticking with KKR

Fuji Soft reaffirms support for KKR's buyout offer, rejecting Bain Capital's higher bid. KKR currently owns 34% of Fuji Soft, complicating Bain's tender offer.

Business

Pfizer's Bold 2025 Revenue Projection: A Closer Look at the $64 Billion Forecast

Pfizer projects its 2025 revenue to reach up to $64 billion, with steady COVID-19 product sales and anticipated operational growth of 10% to 18% year-over-year.

Business

China's Antitrust Regulators to Intensify Scrutiny on US Tech Deals Amid Rising Tensions

China's antitrust regulators are set to intensify investigations into US tech deals in response to escalating US export restrictions, with potential reviews of Synopsys' acquisitio...

Business

Revolutionizing Carbon Capture: $80 Million Boost for Climate Tech Innovations

Google, H&M, Stripe, and other companies have invested $80 million in carbon credits from firms using advanced technologies to capture emissions from paper mills and sewage plants,...

Business

Grew Energy Secures Major Contract for 500 MW Solar Project in Rajasthan

Grew Energy secures a contract to supply 500 MW of PV modules for Jindal Renewables' upcoming solar project in Rajasthan, reflecting a commitment to sustainability and renewable en...

Business

Italy Seeks Dialogue with Trump to Avoid US Retaliation on Web Tax

Italy's Deputy Economy Minister Maurizio Leo announces readiness to talk with Trump's incoming U.S. administration to prevent potential retaliation over Rome's domestic web tax, wh...