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...

Russian company sells gas to China at a discount of up to 40 per cent – Reuters

Георгий Милославский -
Russian company Novatek, which is the largest producer of liquefied natural gas, has cut prices for its products by 30-40 per cent since August...

Emirates orders 65 Boeing aircraft worth $38bn

RobertGok -
Emirates Airline has signed a contract to buy 65 wide-body aircraft from Boeing Co. with a total catalogue value of $38 billion. The contract for...

Medtronic increased revenue by 6.6%

RobertGok -
Ireland's Medtronic Plc, one of the world's largest medical device makers, increased net income and revenue in the second quarter of fiscal 2026, while...

Swiss Re increased net profit by 1.9 times

RobertGok -
Swiss Re AG, one of the largest reinsurance companies in the industry, has increased its net profit by 1.9 times in the first nine...

Housing in Bulgaria: Ukrainians among the most active foreign buyers

RobertGok -
Citizens of Ukraine and Russia are among the top ten largest foreign buyers of housing in Bulgaria in 2024-2025, according to a study by...

Allianz reported a record operating profit of EUR13.1bn

RobertGok -
German financial multinational Allianz has reported an operating profit of EUR13.1bn for the first nine months of 2025, according to the Reinsurance News website. It...
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