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Mukesh Ambani's Reliance Industries Reports 5.4% Profit Decline, its Fifth Consecutive Quarter Drop

Mukesh Ambani's Reliance Industries Reports 5.4% Profit Decline, Its Fifth Consecutive Quarter Drop

Reliance Industries Ltd. reported a 5.4% profit decline for the quarter ending June 30, falling short of expectations due to ongoing issues in its oil-to-chemicals sector, despite a 12% revenue increase.


Over 3.3 Million Bissell Steam Cleaners Recalled Due to Burn Hazard After Injury Reports

Bissell has recalled 3.3 million Steam Shot Handheld Steam Cleaners in North America due to a burn risk, following over 150 injury reports linked to the defect.

Boeing Plans Major Overhaul to Rebuild Trust Following 737 Max Crashes That Cost Them $30 Billion

Boeing, facing severe financial and reputational damage from the 737 Max crashes, is implementing a comprehensive recovery plan involving better safety measures, workforce training, and buying back its troubled fuselage supplier.

Stellantis Recalls Over 24,000 Minivans Over Battery Fire Risk; Owners Advised to Park Outdoors

Stellantis recalls over 24,000 plug-in hybrid minivans due to a potential battery fire risk, advising owners to park outdoors and avoid charging. At the same time, they investigate a defect linked to seven reported fires.


Latest News

2025 Social Security COLA: Expected Impact on Disability Benefits
To compensate for the lost value, payments would need to increase to more than $4,400 a year. Read more here.
chatgpt
The new mini-model is an offshoot of GPT-4o, the company's fastest and most powerful AI model to date. Learn the features of this new model here.
Virgin Galactic, AST SpaceMobile, Rocket Lab Stocks Skyrocket — Here's Why
The S&P 500 slid 0.78% on Thursday while the Dow fell 1.29%. Read more about it here. The US stock market saw a significant slump Thursday amid speculations the Federal Reserve could cut its benchmark rates in September.
Top CEOs, Including Apple and Walmart, Skip 2024 Presidential Donations
Previous election seasons saw the S&P 500 slump and the Dow Jones Industrial Average trade below 11,000.
Netflix Q2 Earnings Call Imminent — What is Expected of Streaming Service?
Netflix is expected to report its second-quarter earnings on July 18, with everyone on Wall Street paying close attention to any of the details or information the streaming service would provide about its advertising-supported business model.
Harnessing Marine Power: Blusink's Approach to Sustainable and Scalable CO₂ Removal
Climate change is one of the most serious threats facing our planet today. Rising CO₂ levels in the atmosphere are causing global warming and making our oceans more acidic.
Cap St Georges Hotel & Resort: The Ultimate Holiday Destination
As these destinations develop, they often establish new standards in hospitality and real estate, redefining what it means to visit or reside in a place that perfectly combines tradition with modern amenities. Among these evolving destinations is Cap St Georges Hotel & Resort, located in the heart of Cap St. George, in Paphos district—Cyprus.
Exploring the Power vs Force Concept with Jamie Divine
Jamie Divine is a serial entrepreneur among such people. Being introduced to the idea through a mentor, Jamie claims he was able to change his life drastically. So, what is Power vs. Force? Here, we'll explore this concept with Jamie as he shares his experience of personal growth and spiritual evolution.
ECB’s Interest Rates Remain Unchanged But May See Cuts in September
The European Central Bank announced that it would keep interest rates unchanged but may change by the next quarter.
European Commission President Ursula von der Leyen Re-Elected to Second Term
The European Commission has re-elected its president, Ursula von der Leyen, for another five-year term. The continent is facing crises ranging from the war in Ukraine to climate change to migration to economic issues.