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Business

Scania Powers Up: VW's Truckmaker Acquires Northvolt's Battery Systems for Heavy Industry Innovation

Volkswagen AG's Scania acquires Northvolt Systems Industrial unit, enhancing its electrification capabilities with new production facilities, research center, and 260 employees, de...

Business

Lucid Motors Accelerates Growth in Arizona with Major Facility Expansion and 300+ New Jobs

Lucid Group, Inc. is set to expand its Arizona operations by acquiring Nikola Corporation's former facilities, adding over 884,000 square feet to its footprint and planning to hire...

Business

BlackRock Reports a 12% Revenue Surge to $5.3 Billion in Q1 2025, Amidst Challenges

BlackRock Inc. reports a 12% revenue increase to $5.3 billion in Q1 2025, with a slight decline in net income and earnings per share. CEO Larry Fink highlights the company's strong...

Business

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

JPMorgan Chase & Co. announced an 8% increase in Q1 revenue to $46 billion, surpassing expectations. Net income rose 9% to $14.6 billion, with earnings per share up 14%. CEO Jamie ...

Business

Historic Surge: Gold Prices Hit Record High of Rs 96,450 Amid Escalating US-China Trade Tensions

Gold prices in India surged to a historic high of Rs 96,450 per 10 grams, driven by robust demand and global trade tensions. Silver also saw significant gains, reflecting the bulli...

Business

Google Announces Major Job Cuts in Android and Pixel Divisions Amid Restructuring

Google has cut hundreds of jobs in its platforms and devices unit, responsible for Android, Chrome, and Pixel phones, as part of ongoing restructuring and efficiency efforts follow...

Business

Scania Powers Up: Acquires Northvolt's Battery Systems Unit to Electrify Heavy Industry

Scania, under Volkswagen AG, has acquired Northvolt's battery systems unit, including facilities and 260 employees, to enhance its electrification efforts for heavy industry. The d...

Business

Lucid Motors Accelerates Growth in Arizona with Major Facility Expansion and 300+ New Jobs

Lucid Group, Inc. is expanding in Arizona by acquiring Nikola Corporation's former facilities, adding over 884,000 square feet to its operations and planning to hire more than 300 ...