Baidu Inc. (BIDU, 9888.HK) announced plans for the proposed spin-off and separate listing of H shares of Kunlunxin (Beijing) Technology Co., Ltd., a non-wholly owned subsidiary, on the Main Board of the Hong Kong Stock Exchange (HKEX). The initiative is designed to highlight Kunlunxin's independent value,...
Tata Motors Passenger Vehicles Ltd. reported strong growth in third quarter of fiscal year 2026, with total passenger vehicle sales in domestic and international markets reaching 171,013 units, compared to 139,829 units in third quarter of fiscal year 2025. In December 2025, domestic passenger vehicle...
Geely Automobile Holdings Limited announced that its total sales volume for December 2025 reached 236,817 vehicles. This represents an increase of approximately 13% compared to the same month in the previous year. In December 2025, the company reported sales of 79,131 battery electric vehicles (BEVs),...
Lockheed Martin Corp., based in Orlando, Florida, has been awarded an undefinitized letter contract with a ceiling value of $328,500,000 for Department of Defense and Foreign Military Sales (FMS) programs. The contract covers Sniper, Infrared Search and Track, and Low Altitude Navigation and Targeting...
The U.S. Army has awarded The Boeing Company, based in Mesa, Arizona, a firm-fixed-price contract valued at $2.73 billion to provide post-production support services for Apache helicopters. The contract was solicited online, with one bid received. Specific work locations and funding will be determined...
NIO Inc. (NIO, 9866.HK) announced that it delivered 48,135 vehicles in December 2025, representing an increase of 54.6% year-over-year. The deliveries consisted of 31,897 vehicles from the Company's premium smart electric vehicle brand NIO, 9,154 vehicles from the company's family-oriented smart electric...
XPeng Inc. (XPEV, 9868.HK) announced that it delivered 37,508 vehicles in December 2025, representing a year-over-year increase of 2%. Total annual deliveries in 2025 reached 429,445 units, representing a 126% increase over the prior year. For the full year 2025, XPENG delivered 45,008 vehicles in...
Shares of Outlook Therapeutics (OTLK) dropped sharply in after-hours trading after the U.S. Food and Drug Administration once again declined to approve the company's biologics license application (BLA) for ONS-5010/LYTENAVA (bevacizumab-vikg). The FDA issued a complete response letter (CRL), stating...
Elanco Animal Health Inc. (ELAN) announced that the U.S. Department of Agriculture (USDA) has approved Befrena (tirnovetmab), a new anti-IL31 monoclonal antibody injection designed to treat canine allergic and atopic dermatitis. Befrena is recommended at a dosing interval of 6 to 8 weeks, offering a...
Li Auto Inc. (LI, 2015.HK) reported deliveries of 44,246 vehicles in December 2025. This performance lifted the company's fourth-quarter total to 109,194 units. By the end of the year, on December 31, 2025, Li Auto's cumulative deliveries had reached 1.54 million vehicles. As of December 31, 2025,...
After trending lower over the past few sessions, stocks saw continued weakness during light New Year's Eve trading on Wednesday. The major averages all showed notable moves to the downside over the course of the session. The major averages ended the day just off their lows of the session.
Stocks have moved mostly lower during trading on Wednesday, extending the pullback seen over the past few sessions. The major averages have all moved to the downside on the day, although selling pressure has remained somewhat subdued. In recent trading, the major averages have fallen to new lows for the session.
Crude oil inventories in the U.S. decreased by slightly less than expected in the week ended December 26th, according to a report released by the Energy Information Administration on Wednesday. The EIA said crude oil inventories fell by 1.9 million barrels last week after inching up by 0.4 million...
Jinxin Technology Holding Company (NAMI), in collaboration with MLVision, Wednesday launched NAMI INSIGHT One, AI-powered smart learning glasses, which an education-specific AI model with lightweight AR technology. The launch of NAMI INSIGHT One marks the company's expansion from a pure digital-content...
First-time claims for U.S. unemployment benefits unexpectedly dipped in the week ended December 27th, according to a report released by the Labor Department on Wednesday. The report said initial jobless claims fell to 199,000, a decrease of 16,000 from the previous week's revised level of 215,000. Economists had expected jobless claims to rise to 220,000.
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.