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  • Oil giant Shell launches $3.5 billion share buyback as profit beats

    Oil giant Shell launches $3.5 billion share buyback as profit beats

    The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas.

    Brandon Bell | Getty Images News | Getty Images

    British oil major Shell on Thursday reported stronger-than-expected third-quarter profit, citing robust operational performance and higher trading contributions.

    Shell posted adjusted earnings of $5.4 billion for the quarter, beating analyst expectations of $5.05 billion, according to an LSEG-compiled consensus. A separate, company-provided analyst forecast had put Shell’s expected third-quarter profit at $5.09 billion.

    The London-headquartered firm reported adjusted earnings of $6 billion over the same period last year and $4.26 billion for this year’s April-June period.

    “Shell delivered another strong set of results, with clear progress across our portfolio and excellent performance in our Marketing business and deepwater assets in the Gulf of America and Brazil,” Shell CEO Wael Sawan said in a statement.

    The company also announced another $3.5 billion in share buybacks over the next three months, maintaining the pace of its shareholder returns. The company said it marked the 16th consecutive quarter of at least $3 billion in buybacks.

    The company’s net debt, meanwhile, came in at $41.2 billion at the end of the third quarter, down from $43.2 billion on a quarterly basis.

    Shell’s London-listed share price has climbed more than 16% year-to-date, outperforming its industry peers.

    Its results come after Norwegian energy firm Equinor on Wednesday posted a steeper-than-expected drop in third-quarter profit, with adjusted operating income coming in at $6.21 billion for the July-September period.

    U.S. oil giants Exxon Mobil and Chevron are both scheduled to report third-quarter results on Friday, with Britain’s BP set to follow suit on Tuesday.

    This is breaking news. Please refresh for updates.

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  • Yen weakens as BOJ offers few rate clues; investors indecisive after Trump-Xi deal – Reuters

    1. Yen weakens as BOJ offers few rate clues; investors indecisive after Trump-Xi deal  Reuters
    2. Bank of Japan keeps interest rates unchanged  Bitget
    3. UPDATE1: Yen weakens to 153 vs. U.S. dollar after BOJ stands pat  MarketScreener
    4. USD/JPY outlook: BOJ holds but hike risk remains, yen s  FOREX.com
    5. Bank of Japan Holds Rate: What It Means for Crypto Startups and Salaries  OneSafe

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  • Stellantis Reports 13% Year-Over-Year Increase in Q3 2025 Shipments and Net Revenues

    Stellantis Reports 13% Year-Over-Year Increase in Q3 2025 Shipments and Net Revenues

    AMSTERDAM – Stellantis N.V. today announced its Q3 2025 results, reporting a 13% year-over-year increase in Net revenues to €37.2 billion, primarily driven by growth in North America, Enlarged Europe and Middle East & Africa, while South America saw a moderate decrease. Consolidated shipments(1) totaled 1.3 million units, up 13% (152,000 units), with most of the increase due to a 35% improvement in North America reflecting the benefits of normalized inventory dynamics, compared to the prior year in which the U.S. dealer stock reduction initiative temporarily decreased production.

     

    Progressing Product Launches

    By the end of Q3, six of the ten new vehicles planned for 2025 introduction were successfully launched. Additional launches in the fourth quarter will reintroduce several volume nameplates which exemplify important, decisive changes already made in the Company’s strategy to provide customers with greater freedom to choose the cars and the configurations they want. Ordering is now open for the SIXPACK-powered Dodge Charger Scat Pack (2-door), the four-door Dodge Charger Daytona, Jeep® Cherokee, Fiat 500 Hybrid and DS No.8.

    Sales momentum in the U.S. improved, with a 6% increase in Q3 sales year-over-year. This trend was evidenced across the Jeep®, Ram, Chrysler, and Dodge brands – taking the Company to a monthly market share of 8.7% in September, the highest in 15 months. Another milestone in September was the return to market of the HEMI® V-8-powered Ram 1500.

    In Enlarged Europe, several recently introduced models, including the Citroën C3, C3 Aircross, Opel/Vauxhall Frontera and Fiat Grande Panda, supported an improved market share in the B-segment, underpinned by increased production. Net revenues rose 4% compared to the prior year period. Market share in EU30 fell to 15.4%, affected by market declines in France and Italy, where Stellantis has greater exposure and a moderately lower market share in the LCV segment.

    Outside North America and Enlarged Europe, Stellantis delivered solid commercial results. Aggregated sales grew 6% year-over-year, led by Middle East & Africa, partially offset by South America.

     

    Stellantis Leadership Team

    On 8th October Stellantis announced a number of new appointments to its Senior Leadership Team, promoting exceptional talent from both inside and outside the Company to sharpen regional focus and drive long-term sustainable success.

     

    $13 Billion Investment to Grow in the United States

    On October 14, Stellantis unveiled a strategic $13 billion investment program for the next four years to accelerate growth and expand its manufacturing footprint in the United States. This marks the largest U.S. investment in the Company’s 100-year history and will include the launch of five new vehicles and the creation of over 5,000 jobs.

    • Belvidere, Illinois, plant to reopen for production of two new Jeep® models – Cherokee and Compass
    • All-new Ram midsize truck to be assembled in Toledo, Ohio
    • Warren, Michigan, plant to produce all-new large SUV with both range-extended EV and internal combustion engine powertrains
    • Next-generation Dodge Durango to be built in Detroit
    • Kokomo, Indiana, facilities to produce all-new GMET4 EVO engine

    The new investment will further expand Stellantis’ already significant U.S. footprint, increasing annual finished vehicle production by 50% over current levels. The new product launches will be in addition to a regular cadence of 19 refreshed products across all U.S. assembly plants and updated powertrains planned through 2029.

     

    Stellantis H2 2025 Financial Guidance

    Stellantis reiterates its H2 2025 financial guidance, which anticipated continued improvement in Net revenues, AOI and Industrial free cash flows compared to H1 2025.

    As we continue making important and necessary changes to our strategic and product plans, also in response to regulatory, geopolitical, macro-economic and other external and internal developments, we anticipate incurring charges in H2 2025, which, once finalized, we expect will largely be excluded from AOI.

    We have also initiated a review of our warranty estimation process, which we expect to result in changes in those estimates and one-off charges in H2 2025.

     

    Upcoming Events

    On October 30, 2025, at 1:00 p.m. CET / 8:00 a.m. EDT, a live webcast and conference call will be held to present Stellantis’ Third Quarter 2025 Shipments and Revenues, with the presentation expected to be posted at approximately 8:00 a.m. CET / 3:00 a.m. EDT. The webcast and recorded replay will be accessible under the Investors section of the Stellantis corporate website (www.stellantis.com).

     

    See Downloads for full version of press release

     

     

    About Stellantis

    Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global automaker, dedicated to giving its customers the freedom to choose the way they move, embracing the latest technologies and creating value for all its stakeholders. Its unique portfolio of iconic and innovative brands includes Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. For more information, visit www.stellantis.com.

     

     


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  • AI-driven genome strategy accelerates design of ultra-tough polyimide films

    AI-driven genome strategy accelerates design of ultra-tough polyimide films

    KNOXVILLE, TN, October 30, 2025 /24-7PressRelease/ — Balancing stiffness, strength, and toughness in thermosetting polyimide films has long challenged materials scientists. In this study, researchers combined machine learning with a…

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  • Imaging team shares 20 years of orbital ultrasound, MRI know-how

    Imaging team shares 20 years of orbital ultrasound, MRI know-how

    Four experienced pediatric radiologists have shared their knowledge of orbital anatomy and pathology in new research presented at the annual scientific meeting (ASM) of the Royal Australian and New Zealand College of Radiologists (RANZCR), held…

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  • PCB’s Medical Team Under Fire as Talented Pacer Undergoes Personal Rehab

    PCB’s Medical Team Under Fire as Talented Pacer Undergoes Personal Rehab

    The Pakistan Cricket Board’s (PCB) medical team has been under fire for some time now over its role in providing adequate care to injured players — and Arshad Iqbal could have been the next name on the list had he not taken matters…

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  • Pakistan to Launch 47 New Co-Working Hubs for Startups and Freelancers

    Pakistan to Launch 47 New Co-Working Hubs for Startups and Freelancers

    The Ministry of Information Technology and Telecommunication (MoITT) has set an ambitious target to establish 47 co-working spaces across Pakistan during the current financial year to aid startups and freelancers.

    According to officials, the ministry had successfully completed the target of setting up 40 co-working spaces nationwide last year. The long-term plan aims to expand the total number of such centers to 250 by February 2027 under a phased implementation strategy.

    PSEB, which is implementing the project, has invited applications from public and private entities to establish NCSP centers nationwide under the Prime Minister’s Initiatives, Support for IT Startups, Specialized IT Trainings, and Venture Capital. The program aims to create an enabling environment for IT startups and freelancers by offering professional networking opportunities and shared infrastructure.

    Interested entities can obtain assistance in the form of interest-free loans of up to Rs. 10 million through partner banks, with all applications required to be submitted electronically through the EPADS portal by November 3, 2025.

    e-Rozgar Rebranded

    Officials revealed that the ministry has renamed the e-Rozgar Centers project to the National Co-working Spaces Project (NCSP) to avoid confusion, as the Punjab government operates a separate initiative with the same name.

    The project, officials clarified, differs from the Punjab-based e-Rozgar Centers as it operates under a public-private partnership model. In this framework, the government will bear half the cost of trainers, while the private sector will share the remaining expenses. Trainers will mentor freelancers and entrepreneurs, promoting collaboration among individuals with diverse skill sets. The idea is to create shared innovation hubs where networking and knowledge exchange lead to the development of new ideas, startups, and small enterprises.

    According to officials, the ministry plans to establish co-working centers with varying standards depending on the region’s economic and skill landscape. In major cities, larger centers spanning at least 3,500 square feet with a minimum of 100 seats will be developed to meet the growing demand from professionals already familiar with the co-working concept. In smaller cities, the focus will be on building awareness, developing skills, and providing business mentorship to help startups reach the sustainability threshold.

    The National Co-working Spaces Project also aims to promote inclusion, innovation, and entrepreneurship by connecting local talent with digital opportunities. Each center will act as a hub for collaboration, skill-building, and industry facilitation, enabling freelancers and startups to overcome initial operational challenges and contribute to Pakistan’s growing digital economy.


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  • Impact of clinical factors on nosocomial infections and bacterial resi

    Impact of clinical factors on nosocomial infections and bacterial resi

    Introduction

    Nosocomial infections (NIs), also known as healthcare-associated infections, are infections that occur after admission to a healthcare facility, typically after 48 hours of hospitalization. They include not only infections…

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  • Evaluating Microsoft Copilot in Qualitative Health Research: Accurate for Manifest Content Coding but Limited in Latent Interpretation

    Evaluating Microsoft Copilot in Qualitative Health Research: Accurate for Manifest Content Coding but Limited in Latent Interpretation

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  • Sony, Tencent agree to push Light of Motiram injunction hearing into 2026; meanwhile, Tencent points to multiple Mickey Mouse trademarks – games fray

    Words that are underlined link to explanations in our IP Lingo dictionary unless the underlined passages explicitly refer to other articles.

    Context: Two weeks ago, Sony brought a motion for a preliminary injunction (PI) against Tencent’s…

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