Schneider Electric to buy 35% in its Indian JV for €5.5bn

RobertGok -
French industrial concern Schneider Electric has reached an agreement to buy a 35% stake in the Indian joint venture Schneider Electric India from Singaporean...

BMW’s net profit down 32 per cent

RobertGok -
German carmaker BMW AG cut its net profit by 32% to €1.842bn in the second quarter from €2.705bn in the same period last year,...

Electronic Arts cut its net profit by 28%

RobertGok -
US-based Electronic Arts, one of the world's leading developers of computer games, has increased its net income by 28.2% in the first quarter of...

Starbucks increased revenue by 4%

RobertGok -
US Starbucks Corp. which owns the world's largest chain of coffee shops, sharply reduced its net profit in the third quarter of fiscal 2025,...

Adidas increased revenue by 2.2 per cent

RobertGok -
German sporting goods maker adidas AG increased revenue by 2.2% to 5.952 billion euros in the second quarter from 5.822 billion euros in the...

Visa increased revenue by 14%

RobertGok -
US Visa Inc., the operator of the largest US payment system, increased net profit and revenue in the third fiscal quarter, while adjusted profit...

Kering’s revenue fell 16%

RobertGok -
French holding company Kering SA, which owns famous fashion brands, reported a sharp decline in net profit and revenue in the first half of...

Royal Caribbean increased net profit by 42 per cent

RobertGok -
US cruise operator Royal Caribbean Cruises increased net profit by 42 per cent in the second quarter, but revenue fell short of expectations. According to...

Foreign direct investment in China fell by 15% in the first half of the year

RobertGok -
Foreign direct investment (FDI) in mainland China's economy fell 15.2 per cent year-on-year to 423.23 billion yuan ($59 billion) in the first half of...

US and China plan to extend “tariff truce”

Георгий Милославский -
The U.S. and China will continue talks to maintain a "tariff truce" before it expires in a fortnight, Treasury Secretary Scott Bessent said. Bessent, who...
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