Business News

Business

Bank of America Surpasses Expectations with an 11% Jump in Q1 Net Income to $7.4B

Bank of America announced an 11% increase in Q1 net income to $7.4 billion, with earnings per share rising to $0.90. Revenue also grew by 6% to $27.4 billion, exceeding expectation...

Business

Boeing Shares Plummet Over 4.5% as China Halts Jet Deliveries Amid Rising Trade Tensions

Boeing's stock drops over 4.5% as China orders airlines to halt new aircraft deliveries amid escalating trade tensions with the U.S., including tariffs up to 145% on Chinese produc...

Business

TDK Unveils Revolutionary 'Spin Photo Detector' Technology Set to Transform AI and Data Centers

TDK Corporation introduces the 'Spin Photo Detector', a groundbreaking technology that promises to overcome current data transfer speed limitations in AI processors, offering ultra...

Business

Honda Considers Shifting Production to US Amid Trump's Tariff Threats

Honda Motor Co., Ltd. is considering moving car production from Mexico and Canada to the US due to Trump's 25% tariff on non-US-made cars, aiming for 90% local manufacturing for US...

Business

Citizens Financial Group and Cognizant Launch Groundbreaking GCC in Hyderabad, Aiming to Hire 1000 Tech Professionals by 2026

Citizens Financial Group partners with Cognizant to open a new Global Capability Centre in Hyderabad, aiming to hire 1000 tech professionals by 2026. The GCC will focus on innovati...

Business

India's Stock Market Bounces Back: First to Recover from Trump's Tariff Announcement Shock

India's stock market has become the first major global market to recover from the initial shock of Trump's tariff announcement, with significant gains in the Sensex and Nifty. Inve...

Business

India and US Move Closer to Historic Trade Deal Amidst Tariff Tensions - What's Next?

India aims to negotiate a favorable bilateral trade deal with the US, as both countries work towards enhancing trade relations. With the terms of reference for the first phase fina...

Business

HDFC Bank Shares Jump 4% to 10-Month High Following Strategic Savings Rate Reduction

HDFC Bank shares surged 4% to a 10-month high after reducing savings account interest rates to 2.75%, the lowest among major private banks, aiming to boost profit margins amidst sl...