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RobertGok

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Abbott buys Exact Sciences for $23bn to expand oncology business

RobertGok -
US drug and medical device maker Abbott Laboratories has reached an agreement to buy Exact Sciences for $23bn including debt. According to the press release,...

Lowe’s revenue rose to $20.8bn in the third quarter

RobertGok -
Lowe's Cos. which owns the second-largest home improvement shop chain in the U.S. reduced net income and increased revenue in the third quarter of...

Swiss watch exports fell 4.4 per cent

RobertGok -
Swiss watch exports fell 4.4 per cent year-on-year to CHF2.2 billion in October 2025, the Federation of the Swiss Watch Industry said. It was...

Vedanta to invest $2bn in copper and gold mining in Saudi Arabia

RobertGok -
Indian mining company Vedanta Ltd. plans to ramp up investments in Saudi Arabia and start mining copper and gold in the west of the...

Arabica futures fall 3.9 per cent to $3.9 per pound

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Coffee is getting cheaper on Friday on news of the cancellation of additional duties on imports of Brazilian agricultural products in the United States. Arabica...

PDD Holdings’ net profit rose 17 per cent

RobertGok -
Chinese e-commerce platform PDD Holdings Inc. (formerly Pinduoduo Inc.) increased its net profit by 17% in the third quarter, revenue by 9%. According to a...

Baidu’s revenue fell 7% but beat market forecasts

RobertGok -
Chinese internet giant Baidu Inc. recorded a net loss in the third quarter of 2025 due to one-off write-downs, while its revenue declined but...

Xiaomi increased net profit 2.3 times

RobertGok -
Chinese manufacturer of consumer electronics and electric vehicles Xiaomi increased net profit in the third quarter by 2.3 times, with all key indicators exceeding...

Societe Generale launches EUR 1bn share buyback

RobertGok -
The board of directors of French bank Societe Generale SA has approved a new €1bn share buyback programme. According to the bank's press release, the...

China’s Techron to build the first foreign auto component plant in Serbia

RobertGok -
The Serbian Economist reports that the Chinese company Techron Automotive is planning to build its first foreign plant for the production of plastic car...
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