Business News

Business

Nissan Faces a Staggering Net Loss of Up to $5.3 Billion in 2024 Amid Turnaround Efforts

Nissan Motor Co. revises its 2024 financial outlook, expecting a net loss of up to $5.3 billion due to turnaround plan costs, while net revenue projections see a slight increase. T...

Business

Procter & Gamble Reports a 2% Dip in Q3 Net Sales to $19.8B Amid Market Adjustments

Procter & Gamble Co. announced a 2% decrease in Q3 2025 net sales to $19.8 billion, with stable net earnings of $3.8 billion. The company expects a 6% to 8% EPS growth for fiscal 2...

Business

American Airlines Reports Slight Revenue Dip to $12.6B in Q1 2024 Amid Economic Uncertainties

American Airlines reports a slight revenue dip to $12.6 billion in Q1 2024, with a net loss of $473 million. The airline withdraws full-year guidance amid economic uncertainties, a...

Business

UPS Expands Healthcare Logistics with $1.6 Billion Acquisition of Andlauer Healthcare Group

UPS announces a $1.6 billion acquisition of Andlauer Healthcare Group to expand its cold chain logistics capabilities, offering AHG shareholders 55 Canadian dollars per share. The ...

Business

UPS Expands Global Reach with $1.6 Billion Acquisition of Andlauer Healthcare Group

UPS announces a $1.6 billion acquisition of Andlauer Healthcare Group, enhancing its cold chain logistics for healthcare products. Shareholders to receive 55 Canadian dollars per s...

Business

ACC Reports 20.4% Drop in Q4 Profit to Rs 751 Crore Amidst 12.7% Revenue Growth

ACC Ltd reports a 20.4% decline in Q4 profit to Rs 751 crore, with a 12.7% revenue increase to Rs 5,991 crore. The company achieves record sales volume and plans for future growth ...

Business

KIIFB's Groundbreaking Initiatives to Combat Water Scarcity and Boost Kerala's Development

KIIFB is spearheading efforts to address water scarcity and coastal erosion in Kerala, with significant investments in infrastructure and water resource projects. Minister Ramachan...

Business

Adobe Unveils Next-Gen AI Image Generation Models for Firefly App on iOS and Android

Adobe announces the launch of new AI image generation models for its Firefly app, including Firefly Image Model 4 and Ultra, with upcoming availability on iOS and Android. The app ...