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Thales posts 9% higher 9-month sales and orders, keeps targets
Reuters· 2025-10-23 05:15
Aerospace group Thales reaffirmed financial targets on Thursday as it posted higher than expected nine-month revenues and new orders, led by defence spending and demand for avionics. ...
STMicroelectronics sees sales growth momentum continuing in Q4
Reuters· 2025-10-23 05:14
STMicroelectronics , on Thursday said that it expected sales to rise in the fourth quarter compared with the current quarter, showing evidence of a sustained recovery after a multi-year downturn in its main markets. ...
Volvo Cars' Q3 profit edges up as cost cuts offset tariffs, price competition
Reuters· 2025-10-23 05:13
Volvo Cars reported on Thursday a small rise in adjusted profit for the third quarter despite tariffs and tough competition as a drastic cost-cutting programme delivered faster than expected. ...
Roche raises guidance on forecast-beating nine-month sales
Reuters· 2025-10-23 05:08
Core Insights - Swiss drugmaker Roche has raised its full-year guidance following better-than-expected nine-month sales [1] Company Summary - Roche reported nine-month sales that exceeded expectations, prompting the company to adjust its full-year outlook positively [1]
Renault's new Bigster SUV helps it beat third-quarter sales forecast
Reuters· 2025-10-23 05:06
Renault Group beat forecasts with a 6.8% rise in third-quarter revenue on Thursday, as popular new models such as the Dacia Bigster and its financial services business offset a weaker commercial vehic... ...
Alibaba launches AI chatbot service in renewed consumer push
Reuters· 2025-10-23 04:58
Alibaba launched a new AI chatbot assistant service on Thursday, refreshing its push into a consumer-facing space that is dominated by ByteDance and Tencent. ...
Georgia Governor Kemp visits South Korea to meet Hyundai, LG officials, media report says
Reuters· 2025-10-23 02:25
Core Insights - The governor of Georgia, Brian Kemp, is scheduled to meet with South Korean business leaders, including executives from Hyundai Motor and LG Energy Solution [1] Group 1 - The meeting comes months after an immigration raid in Georgia that resulted in the detention of hundreds of Korean workers [1]
Trump administration in talks to take stakes in quantum-computing firms, WSJ reports
Reuters· 2025-10-23 02:07
Core Insights - The U.S. administration is engaging with multiple quantum-computing companies to acquire equity stakes in return for federal funding [1] Group 1 - The discussions involve several quantum-computing firms, indicating a strategic interest from the government in advancing this technology sector [1] - The initiative suggests a potential increase in federal investment in quantum computing, which could enhance innovation and competitiveness in the industry [1]
Automakers urge Trump not to impose tariffs on factory robots, machinery
Reuters· 2025-10-22 22:42
Core Viewpoint - A coalition representing nearly all major automakers has requested the Trump administration to refrain from imposing tariffs on factory robots and machinery [1] Group 1 - The automakers argue that tariffs on factory robots and machinery could negatively impact the automotive industry [1] - The group emphasizes the importance of these technologies for maintaining competitiveness and innovation within the industry [1] - The request highlights concerns over potential increased costs and disruptions in the supply chain due to tariffs [1]
Williams pumps $1.9 billion into Woodside's Louisiana LNG venture
Reuters· 2025-10-22 22:37
Core Insights - U.S.-based Williams will invest $1.9 billion in the development of LNG facilities and a pipeline for Woodside Energy's $17.5 billion liquefied natural gas project in Louisiana [1] Company Summary - Williams is committing significant capital to enhance its infrastructure in support of Woodside Energy's large-scale LNG project [1] - The investment reflects a strategic move to strengthen partnerships in the energy sector, particularly in liquefied natural gas [1] Industry Summary - The liquefied natural gas sector is witnessing substantial investments, with Woodside Energy's project valued at $17.5 billion, indicating robust growth potential in the industry [1] - The collaboration between U.S. and Australian companies highlights the increasing globalization of energy projects and the importance of cross-border investments in LNG [1]