News
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US negotiated Medicare prices for 15 more drugs to test cost savings promise
Medicare announcement due by November 30 New prices to take effect in 2027, aiming for savingsPharma industry opposes Medicare negotiations By Patrick Wingrove and Deena Beasley Nov 25 (Reuters) - The U.S. government is expected this week to announce negotiated prices for 15 of the highest-cost p...Reuters
21 hours ago
China's Ant Group quarterly profit up 10.3% on year
SHANGHAI, Nov 25 (Reuters) - China's Ant Group posted a 10.3% rise in net profit to 8.37 billion yuan ($1.18 billion) in the three months to June 30, according to Reuters calculations based on Alibaba Group Holdings' 9988.HK earnings released on Tuesday.The e-commerce giant reports profit fr...Reuters
21 hours ago
Alibaba Q3 revenue up on AI, quick commerce demand; profit hit by investments
OverviewAlibaba Q3 revenue grows 5% yr/yr, driven by AI and cloud segmentsIncome from operations drops 85% yr/yr due to strategic investments in quick commerce, user experiences and technologyCompany repurchased $253 mln in shares during Q3OutlookAlibaba expects near-term profitability to fluctuate ...Reuters
21 hours ago
UAE's Gargash says he will not comment on reports of Russia-Ukraine talks in Abu Dhabi
ABU DHABI, Nov 25 (Reuters) - Anwar Gargash, diplomatic adviser to the United Arab Emirates' president, said he would not comment on reports of talks taking place between Russia and Ukraine in Abu Dhabi, but added the UAE was happy to facilitate in every way it can. U.S. Army Secretary Dan D...Reuters
22 hours ago
Soccer-PSG shift focus to homegrown talent with campus project
PSG's campus unites men's, women's and youth teamsPSG field youngest starting XI in history against MontpellierZaire-Emery and Mbaye start games at age 16By Julien PretotPARIS, Nov 25 (Reuters) - When academy forward Senny Mayulu scored the final goal in Paris St Germain’s Champions Leag...Reuters
22 hours ago
Fintech Yiren Digital's Q3 revenue up 5% on financial services unit strength
OverviewYiren Digital Q3 2025 revenue grows 5% yr/yr, driven by financial services segmentNet income for Q3 2025 decreases due to upfront provisions and declining fee ratesCompany reports 51% increase in loans facilitated in Q3 2025 compared to last yearOutlookYiren Digital projects Q4 2025 revenue ...Reuters
22 hours ago
Alibaba beats quarterly revenue estimates
Nov 25 (Reuters) - Chinese e-commerce giant Alibaba 9988.HK, BABA.N beat analysts' estimates for quarterly revenue on Tuesday, as investments in one-hour delivery helped drive more users to its shopping apps, while its cloud division reported strong growth.The company reported revenue of 247.80 ...Reuters
22 hours ago
Russia says amended US peace plan must reflect 'spirit and letter' of Trump-Putin summit in Alaska
MOSCOW, Nov 25 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Tuesday that an amended peace plan for Ukraine must reflect the "spirit and letter" of an understanding reached between President Vladimir Putin and U.S. President Donald Trump at their Alaska summit.Speaking at a news...Reuters
22 hours ago
Israeli strikes have killed at least 127 civilians in Lebanon since ceasefire, UN says
GENEVA, Nov 25 (Reuters) - The U.N. human rights office said on Tuesday that at least 127 civilians had been killed in Lebanon in strikes by the Israel military since a ceasefire nearly a year ago, and called for an investigation and for the truce to be respected."Almost a year since the ceasefi...Reuters
22 hours ago
Chinese EV maker NIO's Q3 revenue rises as deliveries increase
OverviewNIO Q3 2025 total revenues rise 16.7% yr/yr, driven by 40.8% increase in deliveriesCompany reports improved gross margin of 13.9% in Q3 2025, up from 10.7% last yearAdjusted net loss in Q3 2025 decreases 38% yr/yr, reflecting operational improvementsOutlookCompany expects Q4 2025 deliveries ...Reuters
22 hours ago
Singapore orders Apple, Google to prevent government spoofing on messaging platforms
The order under the nation's Online Criminal Harms Act came after the police observed scams on Apple's iMessage and Google Messages purporting to be from companies such as the local postal service SingPost.While government agencies have registered with a local SMS registry so only they can s...Reuters
22 hours ago
Volkswagen plans to export Chinese-made cars to more overseas markets but rules out Europe
Volkswagen eyeing exports to Southeast, Central Asian marketsStarted exporting China-made limousines to the Middle EastNo plans to export to Europe due to technology differences HEFEI, China, Nov 25 (Reuters) - Volkswagen VOWG.DE plans to export cars developed and made in China to more overseas m...Reuters
22 hours ago
Barrick Mining to pay $430 million to settle Mali gold mine dispute, Bloomberg News reports
Nov 25 (Reuters) - Barrick Mining ABX.TO has agreed to a 244 billion CFA francs ($430 million) settlement with Mali, Bloomberg News reported on Tuesday, citing people familiar with the matter.Reuters
22 hours ago
Chinese fintech firm Jiayin's Q3 profit rises
OverviewJiayin Q3 net revenue rises 1.8% yr/yr to RMB1,470.2 mlnIncome from operations increases 46.5% yr/yr, reflecting operational resilienceCompany repurchased 4.6 mln ADSs for US$30.4 mlnOutlookCompany expects Q4 loan facilitation volume between RMB23.0 bln and RMB25.0 blnJiayin Group sees full-...Reuters
22 hours ago
Romanian says drone incursion was latest Russian provocation
BUCHAREST, Nov 25 (Reuters) - Tuesday's drone incursion into Romania's airspace was the latest Russian attempt to provoke Bucharest, Romanian Defence Minister Ionut Mosteanu said, adding that fighter jets attempted to shoot down the drone.Reuters
22 hours ago
TSMC files lawsuit against former executive on security concerns
TAIPEI, Nov 25 (Reuters) - Taiwan Semiconductor Manufacturing Co 2330.TW said on Tuesday it had filed a lawsuit in the Intellectual Property and Commercial Court against its former Senior Vice President Wei-Jen Lo, who recently joined Intel INTC.O.In an emailed statement to Reuters, TSMC said the la...Reuters
22 hours ago
