Business News

Business

Darwinbox Secures $140M in Funding Led by Partners Group & KKR, Valuing Over $1 Billion

Darwinbox, a Hyderabad-based HRTech startup, has raised $140 million in a funding round co-led by Partners Group and KKR, valuing the company at over $1 billion. The investment aim...

Business

Adidas Achieves a Stunning 24% Sales Surge to €5.96 Billion in Q4 2024

Adidas AG reports a 24% increase in net sales to €5.96 billion in Q4 2024, with a significant improvement in operating profit and a positive outlook for 2025. CEO Bjorn Gulden expr...

Business

Bayer Reports a Slight Dip in Q4 Sales to €11.7 Billion Amidst Challenging Year

Bayer AG announced a 1% decrease in Q4 sales to €11.7 billion and a 2.2% annual decline, with a net loss of €2.9 billion for fiscal 2024. The company expects 2025 sales between €45...

Business

How Export Controls Are Shaping ASML's Future: A Deep Dive into Customer Spending Shifts

ASML reports on the impact of export controls and macroeconomic uncertainties on customer spending, highlighting challenges in the Chinese market and cautious client behavior affec...

Business

Foxconn Achieves Historic Revenue Milestone in February, Surpassing $17.44 Billion

Foxconn announced a historic revenue milestone for February, reaching NT$551.4 billion ($17.44 billion), a 56.43% increase from last year. This growth was driven by strong performa...

Business

Investors Face Unprecedented Bearish Sentiment as Stock Market Plummets Post-Covid

The stock market has experienced its most bearish sentiment since the Covid-19 pandemic began, with the Advance Decline Ratio hitting a five-year low. Influenced by various factors...

Business

Foxconn Shatters Records with $17.44B February Revenue Surge

Foxconn reports a historic 56.43% increase in February revenue, reaching NT$551.4 billion ($17.44 billion), driven by strong performances in cloud and networking products, marking ...

Business

Adidas Achieves a 24% Surge in Q4 Net Sales, Reaching €5.96 Billion

Adidas AG reports a 24% increase in Q4 net sales to €5.96 billion, with operating profit turning positive to €57 million. CEO Bjorn Gulden expresses satisfaction with the company's...