Zhongji Infolight plans an $8.1 billion listing in Hong Kong

RobertGok -
Zhongji Innolight, a Chinese supplier of communications modules for data centres, has filed documents for a share placement on the Hong Kong Stock Exchange,...

Philip Morris increased its revenue by 10.4% in the second quarter

RobertGok -
Tobacco giant Philip Morris International saw its revenue rise by 10.4 per cent and its operating profit by 22 per cent (year-on-year) in the...

Nestlé Purina is to build a new wet pet food factory in Mantua

RobertGok -
Nestlé Purina PetCare, a division of the Swiss company Nestlé S.A., which specialises in the production of pet food, is investing CHF 520 million...

Tesla increased its revenue by 26 per cent in the second quarter

RobertGok -
The American electric vehicle manufacturer Tesla Inc. saw its revenue rise by 26 per cent in the second quarter of 2026, although its net...

TotalEnergies more than doubled its net profit in the second quarter

RobertGok -
The French oil and gas company TotalEnergies more than doubled its net profit in the second quarter, whilst its adjusted figure was in line...

TAF Industries and PGZ are discussing equivalent investments in production in Poland

RobertGok -
The investments by Ukrainian defence technology manufacturer TAF Industries and Polska Grupa Zbrojeniowa (PGZ) in the planned localisation of production in Poland and the...

A built-in crypto wallet could turn Telegram into a fully-fledged payment platform

RobertGok -
Telegram founder Pavel Durov has announced the launch of Gram Wallet, a built-in non-custodial crypto wallet, which is set to be integrated directly into...

Saudi Arabia has cut its oil exports to a record low of 3.43 million bpd

RobertGok -
Saudi Arabia increased its oil production by 3.9 per cent in May compared with the previous month, whilst exports fell by 13.9 per cent,...

Oil prices are approaching $100 amid the ongoing escalation in the Middle East

Георгий Милославский -
Brent crude is trading above the $96 per barrel mark on global exchanges against the backdrop of the ongoing standoff between the US and...

China is set to increase tax on lithium-ion batteries and solar panels

RobertGok -
China will gradually introduce a consumption tax on lithium and lithium-ion batteries, as well as solar cells, which have been exempt from taxation since...
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