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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
US presented plan to end Sudan war but warring parties have not accepted, Trump adviser says
ABU DHABI, Nov 25 (Reuters) - U.S. President Donald Trump is prioritising ending the war in Sudan and Washington has presented the warring army and paramilitary Rapid Support Forces (RSF) with a strong text but neither have accepted it, an adviser said on Tuesday.The comments came from Massad Boulos...Reuters
23 hours ago
UAE's Gargash welcomes US efforts to end Sudan war, condemns atrocities
ABU DHABI, Nov 25 (Reuters) - Anwar Gargash, the diplomatic adviser to the United Arab Emirates' president, said on Tuesday the UAE welcomed U.S. efforts to end war in Sudan and condemned "atrocities" committed by both Sudan's army and the paramilitary Rapid Support Forces.U.S. Pres...Reuters
23 hours ago
China completes first emergency mission to Tiangong space station
China completes first emergency mission in country's manned space programmeShenzhou-22 spacecraft removes safety risks to Chinese space stationStation was without a flightworthy vessel to take astronauts homeUnprecedented situation caused by damage to Shenzhou-20 vesselBy Eduardo Baptista BEI...Reuters
23 hours ago
Britain's FCA makes enquiries into WH Smith's overstated profits, FT reports
Nov 25 (Reuters) - Britain's financial regulator is making enquiries at WH Smith about accounting errors uncovered in the retailer's U.S. business, the Financial Times reported on Tuesday, citing people familiar with the matter.The Financial Conduct Authority's inquiry comes after Carl C...Reuters
23 hours ago
Novartis plans to cut up to 550 jobs at Swiss facility
ZURICH, Nov 25 (Reuters) - Novartis NOVN.S said on Tuesday that it plans to cut up to 550 full-time jobs by the end of 2027 at one of the Swiss pharmaceutical firm's sites in Switzerland, stressing the step was not linked to its expansion in the United States. Novartis said the cuts were part...Reuters
23 hours ago
UK's Domino's Pizza CEO steps down as strategy shift takes shape
Chief Operations Officer Nicola Frampton appointed interim CEOCompany to review capital allocation after new CFO joins in MarchCompany postpones December capital markets day Nov 25 (Reuters) - Britain's Domino's Pizza DOM.L said on Tuesday that CEO Andrew Rennie has stepped down, marking ...Reuters
23 hours ago
EU foreign ministers to hold video conference on Ukraine on Wednesday, EU official says
BRUSSELS, Nov 25 (Reuters) - EU foreign ministers will hold a video conference on Ukraine on Wednesday, an EU official said on Tuesday, speaking on condition of anonymity as the meeting had not yet been officially announced.Reuters
23 hours ago
Ukrainian official says Zelenskiy could visit U.S. this week to finalise deal
KYIV, Nov 25 (Reuters) - Ukrainian President Volodymyr Zelenskiy could visit the U.S. in the next few days to finalise a deal with President Donald Trump to end Ukraine's war with Russia, Kyiv's national security chief said."We look forward to organising a visit of Ukraine's Presiden...Reuters
23 hours ago
Euro zone bond yields steady, market unfazed by moves elsewhere
LONDON, Nov 25 (Reuters) - Euro zone bond yields held steady in early trading on Tuesday even as other asset classes and U.S. Treasuries clung to gains as hopes grow the Federal Reserve will deliver a December rate cut. Germany's 10-year Bund yield was flat at 2.7%, broadly in the middle of its...Reuters
23 hours ago
Meta in talks to spend billions on Google's chips, The Information reports
Nov 25 (Reuters) - Facebook parent Meta META.O is in discussions with Alphabet's GOOGL.O Google to spend billions on using Google's AI chips in its data centers from 2027 and to rent chips from Google Cloud by next year, The Information reported on Monday. Google has pitched tensor processin...Reuters
23 hours ago
European digital rule-book not up for negotiation, says EU's Ribera
BRUSSELS, Nov 25 (Reuters) - The European digital rule-book is not up for negotiation, European Commission Vice President Teresa Ribera said in response to comments made by U.S. Commerce Secretary Howard Lutnick. Lutnick on Monday said that the European Union should make its regulation of the tech...Reuters
23 hours ago
Germany stagnates in innovation ranking as rivals surge ahead
By Maria MartinezBERLIN, Nov 25 (Reuters) - Germany's innovation capacity is stagnating, with the country remaining stuck at 12th place in an innovation ranking while competitors including the United States, Britain and France make significant gains, a study showed on Tuesday.The Innovation Indi...Reuters
23 hours ago
ROI-Will UK Labour Party have the courage to become even more unpopular? – Mike Peacock
By Mike PeacockLONDON, Nov 25 (Reuters) - British finance minister Rachel Reeves, who faces a make-or-break budget this week, should view her Labour government’s deep unpopularity as a gift. With more than three years remaining before the party must hold an election, there may be little to lose by a...Reuters
23 hours ago
Germany's foreign minister to visit China before year's end after postponed trip
BERLIN, Nov 25 (Reuters) - German Foreign Minister Johann Wadephul plans to visit China before the end of this year, he said at a policy forum in Berlin on Tuesday, after postponing a planned October trip at the last minute.Wadephul was originally due in the Chinese capital in late October on the fi...Reuters
23 hours ago
