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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, despite a 4% drop in net income and an 8% fall in EPS. CEO Larry Fink highlights strong client connectivit...

Business

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

JPMorgan Chase & Co. announced an 8% year-over-year revenue increase to $46 billion in Q1 2025, exceeding expectations. Net income rose 9% to $14.6 billion, with earnings per share...

Business

Market Uncertainty Sparks Anxiety Among Investors: BlackRock CEO Larry Fink Shares Insights

BlackRock CEO Larry Fink discusses how market uncertainty is causing client anxiety, drawing parallels to past crises like the financial crash and COVID, while also highlighting th...

Business

Morgan Stanley Surges with a 17.2% Revenue Jump to $17.7B in Q1 2025, CEO Highlights Strategic Growth

Morgan Stanley announces a 17.2% increase in Q1 2025 revenue to $17.7B, with net income up by 26.5%. CEO Ted Pick highlights strategic growth and $7.7 trillion in client assets. Sh...

Business

Mercedes-Benz Announces Discontinuation of Citan and T-Class Models by 2026

Mercedes-Benz Group AG will discontinue its Citan and T-Class models, including electric versions eCitan and EQT, by 2026 to focus on midsize and large van segments, as part of its...

Business

Byju’s Founders Accuse GLAS Trust of Baseless Lawsuit and Conspiracy to Seize Company Control

Byju’s founders dismiss a US lawsuit by GLAS Trust as baseless, accusing them of a conspiracy to seize control. The dispute escalates with allegations of intimidation and financial...

Business

India Stands Firm: 'No Negotiations at Gunpoint' Amid Trump's 90-Day Tariff Pause

India reaffirms its stance against negotiating under pressure as US President Donald Trump imposes a 90-day pause on tariffs, excluding China. Union commerce minister Piyush Goyal ...

Business

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

Google LLC has cut hundreds of jobs in its platforms and devices unit, responsible for Android, Chrome, and Pixel phones, as part of restructuring efforts. This follows a voluntary...