PARIS: Vivendi SE (Paris: VIV) reported a sharp turnaround in its financial performance for the first half of 2025, with EBITA rising to €18 million, a €47 million improvement over the same period last year. The gains were fueled by strong results from its gaming subsidiary Gameloft, reduced corporate costs, and strategic portfolio adjustments. Gameloft…
Samsung’s Galaxy Z Fold 7 shatters U.S. pre-order records, signals mainstream foldable boom
Samsung’s latest foldable flagship, the Galaxy Z Fold 7, is rewriting the sales playbook. The company announced record-breaking pre-orders for the device in the United States, outpacing all previous Galaxy Z Fold models in history. According to Samsung, pre-orders for the Galaxy Z Fold 7 and its companion device, the Galaxy Z Flip 7, were…
Xiaomi to debut Qualcomm’s next-gen Snapdragon 8 Elite chip ahead of Galaxy S26 Ultra release
SAN DIEGO: Qualcomm’s next-generation Snapdragon 8 Elite chipset is poised to hit the market ahead of Samsung’s anticipated Galaxy S26 Ultra launch, with Xiaomi set to be the first manufacturer to unveil a device powered by the new mobile platform. During Qualcomm’s earnings call Wednesday, CEO Cristiano Amon confirmed that Xiaomi will be “the first…
Microsoft passes $4 trillion market cap after blockbuster earnings, bets big on AI
Microsoft Corp (MSFT.O) surged past $4 trillion in market value Thursday, becoming the second U.S. company to hit the milestone after Nvidia (NVDA.O), buoyed by strong quarterly earnings and aggressive investments in artificial intelligence. The tech giant’s shares jumped 6.6% to $546.33 in morning trading, driven by soaring sales in its Azure cloud business and…
Roblox shares jump on blowout bookings, surging user growth
Roblox shares rallied 16% Thursday after the gaming platform reported second-quarter results that exceeded analyst expectations, driven by sharp growth in user engagement and bookings. Net bookings for the quarter rose 51% from the year prior to $1.44 billion, topping LSEG’s consensus estimate of $1.24 billion. The company now expects third-quarter bookings between $1.59 billion…
SEGRO plc posts strong H1 2025 results amid growing development momentum
LONDON: SEGRO plc reported robust earnings and dividend growth for the six months ended June 30, 2025, driven by embedded rent reversion, growing development activity, and strategic expansion into data center infrastructure. The real estate investment trust posted a 7.8% year-on-year increase in like-for-like net rental income, bolstered by UK rent reviews and renewals. Adjusted…
AMCIL reports lower profit amid market underperformance, boosts dividend
Company’s portfolio returned 6.4% including franking credits, significantly trailing the S&P/ASX 200 Accumulation Index return of 15.1% MELBOURNE: Investment firm AMCIL Limited announced a full-year profit of $6.7 million for 2024/2025, down from $7.5 million the previous year, amid portfolio underperformance relative to the broader Australian market. The company’s portfolio returned 6.4% including franking credits,…
Atturra to acquire Blue Connections in strategic expansion move
SYDNEY: Atturra Limited (ASX: ATA), a top-tier Australian IT services provider, announced Wednesday its subsidiary, Cirrus Networks Holdings Pty Ltd, will acquire Blue Connections Pty Ltd in a move expected to bolster its managed services footprint and national reach. The deal, valued at up to AUD 25.5 million including performance-based earn-outs, will see Blue Connections…
Standard Chartered soars on record wealth flows, announces $1.3 billion buyback after stellar H1
Operating income for H1 reached $10.9 billion, up 10% LONDON: Standard Chartered PLC (STAN.L) delivered a powerful set of first-half 2025 results, driven by double-digit income growth in key divisions and record wealth inflows, prompting a significant $1.3 billion share buyback and a 37% dividend hike. Group Chief Executive Bill Winters declared the performance reflected…
Helios Towers reports strong first-half performance with 9% EBITDA growth
Operator reaffirms full-year guidance as platform integration drives cash flow and margin expansion across high-growth markets LONDON: Helios Towers plc reported robust unaudited results for the six months ending 30 June 2025, reinforcing its full-year guidance and underscoring the operational efficiency of its infrastructure-led business model. The London-based telecoms tower operator marked its fifteenth anniversary…
Shell Reports Second-Quarter 2025 Income Decline Amid Market Headwinds
Adjusted Earnings for the second quarter ended June 30, 2025 stood at $$4.26 billion compared with $6.29 billion last year LONDON: Shell PLC reported a decline in second-quarter 2025 income attributable to shareholders compared to the first quarter, citing weaker trading margins and lower realised prices for liquids and gas. Marketing margins rose during the…
Rolls-Royce Holdings Plc signals robust growth with HY 2025 results, upgrades full-year outlook
In six months, the group reported a 50% surge in underlying operating profit to £1.7 billion LONDON: Rolls-Royce Holdings PLC delivered a markedly strong first-half performance for 2025, underscoring the momentum of its multi-year transformation despite headwinds from supply chain disruptions and rising tariffs. In the six months to June 30, the group reported a…