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India’s NSE Paves Way for Landmark IPO with Record ₹13,880 Crore Settlement 06/25/2025

Mastercard to integrate Fiserv’s stablecoin into its products 06/25/2025

US may offer Iran access to $30 billion in civilian nuclear investment 06/27/2025

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Business & Finance

Dell settles $1B lawsuit from investors

The American company Dell agreed to pay $1 billion in a settlement with investors who sued the company. This was stated by the corporation in a statement submitted to the Securities and Exchange Commission of the United States. The Delaware Court of Chancery, which is hearing the dispute, will need...

Mitsubishi UFJ's net profit falls for the second fiscal quarter

The second fiscal quarter of the largest bank in Japan by assets, Mitsubishi UFJ Financial Group Inc, ended with a 70.5% decrease in net income. The sale of MUFG Union Bank's U.S. division resulted in another one-time loss, which is why the incident occurred. According to calculations made by...

Tesla Has Thought About Exporting Evs From Shanghai To The United States And Canada

Tesla has considered plans to export made-in-China electric vehicles to the United States and Canada. This would connect Tesla's largest factory to North America, its largest market, according to a report from the news agency Reuters quoting information from people with knowledge of the planning,...

SoftBank records first quarterly profit in many quarters

SoftBank Group Corp. of Japan revealed a substantial loss at its investment division, Vision Fund. This division has been losing money for three straight quarters, but for the first time in many quarters, SoftBank itself turned a profit. In the three months leading up to September 30, Vision Fund,...

China's CASC and U.S. Boeing will expand cooperation

The Commercial Aircraft Corporation of China (COMAC) and American aircraft manufacturer Boeing inked a contract to deepen their collaboration in a shared research facility. The signing happened concurrently with the international air show known as Airshow China. The agreement's goal is to assist...

ArcelorMittal's net profit falls by 17 percent in January-September

In the first three quarters of 2022, the steel giant ArcelorMittal's net income attributable to shareholders of its parent company decreased 17% year over year to $9.041 billion, the firm reported. The earnings per share decreased from $9.52 a year ago to $9.76 now, while revenue rose up 13% to...

Honda's second-quarter operating profit up 16 percent

Today, Honda Motor Co. stated that its Q2 operating profit increased by 16%, falling short of analysts' projections. Higher pricing and a weaker yen aided growth; however a lack of semiconductors had an impact on output. In contrast to the average projection of 243.3 billion yen made by the ten...

Henkel generates €16.889B in revenue in January through September

According to its interim financial statement, Germany's Henkel AG, one of the top producers of industrial and home chemicals, recorded a 12.5% growth in revenues to €16.889 billion in the first three quarters of the year. The company also announced organic revenue growth of 9.7% in the first three...

TotalEnergies Ahead Of Leads Shell, And BP In Renewables Shift

According to data gathered by Reuters, the French energy giant TotalEnergies has surpassed rivals Shell and BP in the race to establish a renewables business. Even so, investors are still being cautious for the time being, as evidenced by the fact that shares of the three European...

Buffett's company reports $2.7B loss

Berkshire Hathaway, owned by billionaire Warren Buffett, revealed losses of $2.69 billion, which they attributed to issues with their supply chain and other uncontrollable circumstances including the COVID-19 epidemic and the Ukraine war. According to Reuters' report on the financial statements for...