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Business

Scania Powers Up: VW's Truck Giant Acquires Northvolt's Battery Tech Unit to Electrify Heavy Industry

Scania, part of Volkswagen AG, has acquired Northvolt Systems Industrial unit, enhancing its battery technology capabilities for heavy industry electrification. The deal includes p...

Business

Lucid Group Accelerates EV Expansion in Arizona with Major Facility Acquisition and 300+ New Jobs

Lucid Group, Inc. is expanding its EV manufacturing in Arizona by acquiring Nikola Corporation's former facilities, adding over 884,000 square feet to its operations and planning t...

Business

BlackRock Surges Ahead: Q1 Revenue Jumps 12% to $5.3 Billion Amid Market Challenges

BlackRock Inc. reports a 12% increase in Q1 revenue to $5.3 billion for fiscal 2025, despite a 4% drop in net income. CEO Larry Fink highlights strong client connectivity and long-...

Business

JPMorgan Surpasses Expectations with an 8% Revenue Jump to $46 Billion in Q1

JPMorgan Chase & Co. reported an 8% increase in Q1 revenue to $46 billion, surpassing expectations. Net income rose to $14.6 billion, with earnings per share at $5.07. CEO Jamie Di...

Business

BlackRock's CEO Larry Fink Reveals: Market Uncertainties Spark Client Anxiety Amidst Growth Opportunities

BlackRock CEO Larry Fink discusses how market uncertainties are causing client anxiety, drawing on past crises like the financial crash and COVID-19 as precedents for potential gro...

Business

Emergency Session Called: UK MPs to Debate Future of British Steel's Scunthorpe Plant Amid Closure Rumors

UK lawmakers are convening an emergency session to discuss the future of British Steel's Scunthorpe plant amid rumors of government takeover, following the Chinese owner's statemen...

Business

Sebi Alerts Public on Rising Securities Frauds Through Social Media: How to Stay Safe

Sebi warns about the surge in securities market frauds via social media, advising caution and verification of entities. Reports can be made on Sebi's portal, with new measures intr...

Business

UK Lawmakers Convene Emergency Session to Save British Steel's Scunthorpe Plant

UK lawmakers are holding an emergency session to discuss the future of British Steel's Scunthorpe plant, amid rumors of government takeover following the Chinese owner's statement ...