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Monday, January 12, 2026

Xiaomi plans to deliver more than 400,000 electric cars in 2025

RobertGok -
China's Xiaomi plans to ship more than 400,000 electric cars in 2025. Chief Executive Officer Lei Jun wrote on social media that the earlier goal...

Ukraine’s banks received more than UAH 119bn of net profit in the first nine months of 2025

RobertGok -
Ukraine's banks made UAH 119.4 billion in net profit in the first nine months of 2025, up 1.9 per cent from the same period...

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

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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

RobertGok -
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...
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