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RobertGok

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Renault collapses 17 per cent after cutting profitability forecasts

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Share prices of French automaker Renault SA fall 16.8%, the maximum since 2020, during trading in Paris on Wednesday after the company worsened its...

India’s oil imports fell by 12 per cent in May

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India imported 22.408 million tonnes of crude oil in May 2025 - 12.4% less than in the same month last year, according to statistical...

Jaguar Land Rover to cut up to 500 positions in Britain due to US duties

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Jaguar Land Rover (JLR) plans to cut up to 500 management positions in the UK amid the negative impact of US-imposed import duties. According to...

Marsh & McLennan increased its quarterly dividend by 10%

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Insurance broker Marsh & McLennan Cos. raised its quarterly dividend by 10% to $0.9 per share from $0.815. According to the company's press release, the...

EasyJet boosts pre-tax profit by 21 per cent, shares fall 7 per cent

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British budget carrier easyJet Plc increased pretax profit by 21 per cent year-on-year to 286 million pounds ($383 million) in the third quarter of...

Oracle to invest $3bn in cloud services in the EU

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US-based Oracle Corp. will invest $3bn to expand its cloud and AI infrastructure in Germany and the Netherlands over the next five years. The company...

Richemont increased revenue by 3%

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Swiss jewellery maker Compagnie Financiere Richemont SA boosted revenue by 3% in the first quarter of fiscal 2026, driven by sales growth in Europe...

EU countries increased oil imports from Azerbaijan by 16%

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European Union (EU) countries imported more than 5.968 million tonnes of oil from Azerbaijan in January-April 2025, which is 15.7% higher than the figure...

Citigroup increased net profit by a quarter

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Citigroup Inc. among the top U.S. banks, increased net income by 25 per cent in the second quarter of 2025, much better than forecast,...

Google is investing $25bn in data centres and AI in the US

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Google (part of Alphabet Inc. holding) plans to invest $25bn in the development of data centres and infrastructure for artificial intelligence technologies in the...
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