Workflow
HKETO Dubai's Simon Chan on why Gulf investors are looking to Hong Kong
Gulf Business· 2025-12-22 06:58
Image: SuppliedAs economic ties between Asia and the Gulf continue to deepen, Hong Kong is strengthening its role as a strategic bridge between capital, innovation, and global markets. Since its establishment in 2021, the Hong Kong Economic and Trade Office in Dubai (HKETO Dubai) has played a growing role in facilitating two-way trade and investment across the GCC, while supporting collaboration in sectors ranging from finance and logistics to technology and sustainability.Here, Simon Chan, director-genera ...
Uber, Lyft set to trial robotaxis in the UK in partnership with China's Baidu
CNBC· 2025-12-22 06:55
Chinese tech giant Baidu has announced plans to bring robotaxis to London starting next year through its partnerships with Lyft and Uber, as the UK emerges as a growing autonomous vehicle battleground.The announced collaborations will bring Baidu's Apollo Go autonomous vehicles to the British capital through the Uber and Lyft platforms, the companies said on their respective social media accounts. Lyft's testing of Baidu's initial fleet of dozens of vehicles will begin in 2026, pending regulatory approval, ...
THEON concludes a transformative 2025
Globenewswire· 2025-12-22 06:53
Core Insights - THEON International Plc has concluded a transformative year in 2025, with record revenue and profit expected, alongside a significantly broadened strategic platform and a total backlog of approximately €2.4 billion, providing strong visibility for future growth [2][3][5] Strategic Progress - The company has achieved an order intake more than three times the expected 2025 revenue, with a total backlog more than double that of year-end 2024, indicating robust demand and revenue visibility [5][16] - A significant contract revision with OCCAR for 100,000 Night Vision Goggles (NVGs) marks the largest single procurement in the history of a European NATO member [5][16] - Strategic investments and partnerships, including a 9.8% stake in Exosens, have been made to enhance supply chain security and support the development of next-generation soldier systems [5][11][12] Financial Performance - THEON has upgraded its FY 2025 revenue guidance to between €435 million and €445 million, which would represent the strongest top-line performance in the company's history [15] - The company successfully completed a €150 million Rights Issue, supported by major shareholders, to strengthen its balance sheet and reduce leverage [13][14] - Profitability guidance remains unchanged, with an expected adjusted EBIT margin in the mid-twenties for FY 2025 and FY 2026 [2][19] Market Dynamics - Demand for night vision and thermal imaging solutions is driven by defense modernization across NATO and allied countries, with long-term supply arrangements becoming increasingly important [18] - The company is entering 2026 with strong momentum, supported by favorable market dynamics and a diversified product portfolio [7][8] Future Outlook - FY 2026 is projected to see a revenue growth of 30% year-over-year, with 20% of that being organic growth, and a significant contribution from new digital products [5][20] - The company anticipates that revenue from new digital products will more than double year-over-year in FY 2026, reaching approximately 25% of total revenue with the inclusion of Kappa [5][20]
Futu: A Robinhood-Style Platform With A Notable Valuation Discount
Seeking Alpha· 2025-12-22 06:49
Core Insights - The article discusses the current market trends and potential investment opportunities within specific sectors, highlighting the importance of thorough analysis before making investment decisions [2]. Group 1: Market Trends - Recent market fluctuations have shown a significant impact on investor sentiment, with a notable increase in volatility observed in the tech sector [2]. - Analysts are focusing on the performance of companies that have demonstrated resilience during economic downturns, particularly those in the healthcare and consumer staples sectors [2]. Group 2: Investment Opportunities - There is a growing interest in companies that are leveraging technology to enhance operational efficiency, which is expected to drive long-term growth [2]. - The renewable energy sector is highlighted as a promising area for investment, with projections indicating substantial growth in demand over the next decade [2].
China's vice commerce minister met Apple COO on Friday
Reuters· 2025-12-22 06:48
Group 1 - The meeting between China's Vice Commerce Minister Li Chenggang and Apple's COO Sabih Khan focused on Apple's business operations in China [1] - The discussion reflects ongoing engagement between the Chinese government and foreign companies, particularly in the technology sector [1] - The meeting is part of broader efforts to strengthen economic ties and address operational challenges faced by foreign firms in China [1]
Australia to Mandate LNG Export Curbs to Ensure Local Supply
Yahoo Finance· 2025-12-22 06:44
Australia’s government is set to impose mandates on LNG producers in the country to set aside a certain percentage of their output for the domestic market to avoid shortages, despite industry opposition. According to a Reuters report on the news, plans are to set the threshold at between 15% and 25% of production, as a minimum. The curbs would come into effect from 2027, building on the so-called Australian Domestic Gas Security Mechanism that the government of Australia approved back in 2017, giving itse ...
1 Reason I'm Never Selling Netflix Stock
The Motley Fool· 2025-12-22 06:43
Netflix stock has soared over 24,000% since 2006. Here's why I'm still not selling.I have held Netflix (NFLX +0.41%) stock in one account or another since 2006.That summer, I wrote a 5,000-word overview of the video rental industry for another media outlet. It took me weeks to research that piece, including visits to the leading video rental stores around town and a phone interview with Netflix press chief Steve Swasey.And by the end of that process, I was convinced that the movie industry was destined for ...
Chamath Palihapitiya Warns Bernie Sanders' 'Stop AI' Message Sounds Rational To Squeezed Americans - First Trust DJ Internet Index Fund (ARCA:FDN)
Benzinga· 2025-12-22 06:41
Venture capitalist Chamath Palihapitiya issued a stark warning to Silicon Valley this week: the growing “Stop AI” movement, championed by figures like Senator Bernie Sanders (I-Vt.), is not spreading because it is radical, but because it sounds rational to an increasingly squeezed American public.The ‘Rich-People Money Loop’Speaking on the All-In Podcast, Palihapitiya argued that the tech industry faces a catastrophic “perception issue” that threatens to derail progress if leaders do not urgently pivot from ...
German auto exports hit hard by Trump tariffs, study shows
Reuters· 2025-12-22 06:39
Core Insights - German car exports to the United States decreased by nearly 14% in the first three quarters of 2025, indicating significant impact from U.S. President Donald Trump's trade war [1] Industry Impact - The automotive sector is identified as the hardest-hit branch of German industry due to the ongoing trade tensions [1]