Wednesday, February 25, 2026
Business
Apple expects $900 mn tariff hit, US iPhone supply shifts to India
San Francisco (AFP) - Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the...
McDonald’s profits hit by weakness in US market
New York (AFP) - Fast food giant McDonald's reported a drop in first-quarter profits Thursday as US traffic from low-...
IKEA opens new London city centre store
London (AFP) - Swedish furniture giant IKEA on Thursday opened a new store in the heart of London's shopping district,...
Meta quarterly profit climbs despite big cloud spending
San Francisco (AFP) - Tech giant Meta on Wednesday reported quarterly profits that were well above expectations, brushing aside market...
Trump praises Musk as chief disruptor eyes exit
Washington (AFP) - US President Donald Trump said on Wednesday that Tesla boss Elon Musk could stay working for the...
Jeep owner Stellantis suspends outlook over tariffs
Paris (AFP) - US-European auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, dropped its annual financial guidance on...
Volkswagen says tariffs will dampen business as profit plunges
Frankfurt (Germany) (AFP) - Europe's largest carmaker Volkswagen said Wednesday that first quarter profit plunged due to higher costs as...
AstraZeneca moves some production to US amid tariff threat
London (AFP) - British pharmaceutical giant AstraZeneca announced Tuesday that it has begun moving some of its European production to...
Pfizer profits dip on lower Paxlovid sales
New York (AFP) - Pfizer reported a dip in profits Tuesday, driven partly by lower sales of Covid-19 therapeutic drug...
Spotify posts record profit in first quarter
Stockholm (AFP) - Music streaming giant Spotify on Tuesday reported a 12-percent rise in paying subscribers in the first quarter...
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