(Yicai) Nov. 19 -- Chinese internet giant Baidu has turned its net profit into a CNY11.2 billion (USD1.6 billion) net loss in ...

Michael Burry, the investor famed for “The Big Short,” aimed at Baidu Inc. (NASDAQ: BIDU) following its third-quarter 2025 earnings release, highlighting a pattern of accounting maneuvers that raises ...

An update from ON Semiconductor ( ($ON) ) is now available. In the first quarter of 2025, onsemi announced restructuring and cost reduction ...

The impairment charges meant Molson Coors booked a third-quarter operating loss of $3.43bn and a net loss of $2.93bn. The ...

South32 shares plummet 12.57% after announcing a $818 impairment on two projects. Environmental conditions and the troubling nickel market lead to significant operational challenges. Ready to turn the ...

This is a nonrecurring and non-cash-charge It has no impact on our liquidity or market and credit risk position This had no impact on our Common Equity Tier I capital, on a fully loaded basis, under ...

The gaming giant admits lower engagement and sales for Destiny 2, leading to a major write-down ahead of Bungie's next ...

Canada's Imperial Oil Ltd will take an impairment charge of about C$900 million to C$1.2 billion ($923 million) in the fourth quarter as it no longer plans to develop a significant portion of its ...

(1) A detailed breakdown of impairment of assets and lease termination expenses recorded in the thirteen weeks ended April 1, 2025 and April 2, 2024 can be found in the Selected Segment Information ...

Global and domestic financial markets are continuing to experience volatility related to the spread of the coronavirus (COVID-19) pandemic worldwide. As businesses assess the impact of COVID-19 on ...