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BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

China to take ‘all necessary measures’ to protect interests after US TikTok vote

  • The app has soared in popularity worldwide but its ownership by Chinese tech firm ByteDance has fuelled concern in Western capitals
  • The US House of Representatives approved a bill that would force TikTok to divest from its parent company or face a nationwide ban

Beijing, China–China on Thursday slammed the approval of a US bill that would ban TikTok unless it severs ties with its Chinese parent company, vowing that Beijing would “take all necessary measures” to protect the interests of its companies overseas.

The short-video app has soared in popularity worldwide but its ownership by Chinese technology giant ByteDance — and alleged subservience to Beijing’s ruling Communist Party — has fuelled concern in Western capitals.

On Wednesday, the US House of Representatives overwhelmingly approved a bill that would force TikTok to divest from its parent company or face a nationwide ban.

The bill is yet to pass the Senate, where it is expected to face a tougher test in order to become law.

“The US should truly respect the principles of a market economy and fair competition (and) stop unjustly suppressing foreign companies,” Beijing’s commerce ministry spokesperson He Yadong said at a press conference on Thursday afternoon.

Washington should also “provide an open, fair, just, and non-discriminatory environment for foreign companies to invest and operate in the US”, He added.

“China will take all necessary measures to resolutely safeguard its legitimate rights and interests,” he said.