News

Note: This section contains information in English only.
Fri, 14 Nov 2025 12:30:10 GMT

JPMorgan Expands in Dubai

JPMorgan has grown its Dubai operations to boost business with mid-sized firms in the Middle East, challenging rivals and considering further expansion in Turkey.

Fri, 14 Nov 2025 09:30:05 GMT

Allianz Reports Strong Q3 Earnings

Allianz's Q3 net profit rose 15% to €2.85B, beating forecasts and coming after the insurer raised its full-year outlook.

Fri, 14 Nov 2025 06:30:06 GMT

RTX Shifts Pension Obligations

RTX will take a $300M Q4 charge after transferring $2.5B in pension obligations for 60,000 retirees to Prudential through an annuity buyout.

Fri, 14 Nov 2025 03:30:12 GMT

Burberry Q2 rebounds

Burberry returned to growth with Q2 sales up 2%, its first rise in two years, driven by a China rebound and CEO Joshua Schulman's new focus on outerwear and scarves.

Thu, 13 Nov 2025 21:30:04 GMT

Fraud Mastermind Jailed for Bitcoin Laundering

A Chinese national, identified as the architect of a massive Ponzi scheme, was sentenced to over 11 years in a UK prison for laundering billions in fraudulent proceeds into Bitcoin cryptocurrency.

Thu, 13 Nov 2025 18:30:05 GMT

US Family Health Insurance Cost Soars

New data highlights the rising financial burden on American families, with the total annual health insurance payment for a family in the US reaching an average of nearly $27,000 for the first time.

Thu, 13 Nov 2025 15:30:04 GMT

Rolls-Royce keeps profit forecast steady

Rolls-Royce kept its profit forecast of £3.1–£3.2B, boosted by higher airline flying hours and rising data centre orders, despite supply chain issues.

Thu, 13 Nov 2025 12:30:09 GMT

GE, Siemens to rebuild Syria

GE Vernova and Siemens Energy are in talks to supply turbines for a $7B project to rebuild Syria's power sector, including 4 gas plants and a 1,000-MW solar unit.

Thu, 13 Nov 2025 09:30:05 GMT

IBM unveils Loon chip

IBM unveiled its new quantum chip, Loon, marking progress toward practical quantum computers that could solve complex problems faster than classical machines.

Thu, 13 Nov 2025 03:30:05 GMT

Shell challenges LNG arbitration loss

Shell is contesting its arbitration loss to U.S. LNG producer Venture Global in New York, following BP's $1B-plus win over similar contract disputes.

Wed, 12 Nov 2025 21:30:06 GMT

AMD eyes $100B revenue

AMD expects $100B in data center chip revenue within five years, aiming to triple earnings; shares rose 4% after a 2.7% drop in regular trading.

Wed, 12 Nov 2025 18:30:04 GMT

Trump hosts top CEOs in Finance

Trump will host a private White House dinner with top business leaders, including the CEOs of Nasdaq and JPMorgan, to boost ties and strengthen U.S. markets.

Wed, 12 Nov 2025 15:30:04 GMT

TotalEnergies powers Google solar

TotalEnergies signed a 15-year deal to supply Google with 1.5 TWh of solar power from its nearly complete Montpelier solar farm in Ohio to run data centers.

Wed, 12 Nov 2025 12:30:04 GMT

Foxconn profit surges 17%

Foxconn's Q3 profit rose 17% to T$57.67B, beating forecasts, driven by strong AI server demand that's expected to boost growth next year.

Wed, 12 Nov 2025 09:30:04 GMT

GM cuts China ties

GM has told thousands of suppliers to stop using parts from China and shift supply chains elsewhere, aiming to cut China ties by 2027.

Wed, 12 Nov 2025 09:00:04 GMT

PayPal relaunches in UK

PayPal is relaunching in the UK, offering debit and credit cards, plus its PayPal+ loyalty program, nearly two years after post-Brexit restructuring.

Wed, 12 Nov 2025 03:30:08 GMT

SoftBank sells Nvidia stake

SoftBank sold its entire Nvidia stake for $5.83B and part of its T-Mobile stake for $9.17B to boost funds and support its big bet on OpenAI.

Tue, 11 Nov 2025 21:30:07 GMT

Porsche profit falls

Porsche's 9-month profit fell over a third as Porsche AG's crisis hit earnings. The family-controlled firm holds 31.9% of VW shares and 12.5% of Porsche AG.

Tue, 11 Nov 2025 18:30:05 GMT

SoftBank's profit rises

SoftBank's Q2 net profit surged to $16.6B, over double last year's, boosted by OpenAI valuation gains far above analysts forecast.

Tue, 11 Nov 2025 15:30:05 GMT

Vodafone lifts full-year outlook

Vodafone raised its full-year outlook after Germany growth, expecting upper-end results: earnings of €11.3–11.6B and free cash flow of €2.4–2.6B.

Tue, 11 Nov 2025 12:30:05 GMT

Sony raises profit forecast

Sony raised its profit forecast 8% for FY ending Mar 2026, boosted by strong music, anime, and chip sales, with limited U.S. tariff impact.

Tue, 11 Nov 2025 11:25:04 GMT

Switzerland may get U.S. tariff cut

The U.S. and Switzerland are nearing a deal to cut Trump-era tariffs from 39% to 15%, with talks expected to conclude within weeks.

Tue, 11 Nov 2025 09:30:04 GMT

Aida urges BOJ to delay hikes

Economist Takuji Aida said the BOJ should delay rate hikes until at least January and urged the government to boost spending to ease pressure on households.

Tue, 11 Nov 2025 06:30:04 GMT

Novartis opens a factory in California

Novartis opened a new 10,000-sq-ft factory in Carlsbad, CA, to make radioligand cancer drugs like Pluvicto and Lutathera, part of its U.S. expansion plan.

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