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Saturday, November 1, 2025

Glencore records $655m loss on stable revenue

Glencore Plc, one of the world's leading diversified commodities groups, widened its net loss 2.8 times in the first half of the year, while...

Panasonic increased operating profit by 3.8%, cut revenue by 10.6%

Japanese consumer electronics and electric vehicle battery maker Panasonic Corp. increased operating profit by 3.8% to 86.903 billion yen ($583 million) in the first...

Ferrari increased net profit by 3%, revenue by 4%.

Italian sports car manufacturer Ferrari N. V. recorded moderate growth in net profit and revenue in the second quarter of 2025. According to the company's...

Azerbaijani gas started flowing to Syria

Azerbaijani gas began flowing to Syria via Turkey on 2 August, Turkey's Anadolu Agency reported. During the launch of the Kilis-Aleppo pipeline, Turkish Energy Minister...

India continues to buy Russian oil – Reuters

India continues to buy oil from Russia despite US President Donald Trump's threats to impose secondary sanctions, Reuters reported, citing two sources in the...

Porsche’s operating profit triples, profitability down to 5.5 per cent

German luxury car maker Porsche AG has reduced revenue, as well as net and operating profit in the first half of 2025. According to the...

Amazon increased revenue by 13 per cent

The world's largest online retailer Amazon.com Inc. in the second quarter of 2025 increased net profit by a third and increased revenue by 13...

Pirelli increased net profit by 14%

Italian tyre maker Pirelli & C SpA recorded a 14% increase in net profit and 1.5% in revenue for the first half of 2025,...

eBay profits rise 1.6 times, shares soar 16%

The world's largest online auction eBayInc. has increased net profit in the second quarter of 2025 by 1.6 times, revenue - by 6%. As noted...

Serbia’s NIS escapes US sanctions until the end of August

US postpones sanctions against Serbian oil company NIS for the last time:key company may be at risk The United States for the fifth and final...
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