Daily Management Review
Business & Finance

Repsol and NEO Energy create one of the largest producers on the UK continental shelf

Spanish Repsol entity Repsol Resources UK has completed its merger with independent UK operator NEO Energy. According to Repsol, the merged entity is now called NEO NEXT and has established itself as one of the biggest producers on the UK continental shelf. Repsol E&P Group holds a 45% stake...

Air France-KLM increases net profit fivefold in Q2

Air France-KLM raised its net profit in Q2 2025 by five times, while revenue grew by 6%. From April to June, the firm's net profit reached €605 million compared to €121 million during the same period last year. Air France-KLM's operating profit rose by 43%, reaching €736 million. The firm's...

UK fintech startup Revolut mulls buying US bank

UK fintech company Revolut is contemplating the acquisition of a US bank to swiftly acquire a US banking license, according to the Financial Times. As per the sources from the newspaper, Revolut intends to purchase an affordable financial institution, enabling it to conduct lending activities in...

Dubbing Industry Faces AI Disruption as Voice Actors Mobilize Resistance

Dubbing studios and voice performers around the world are confronting an unexpected adversary: artificial intelligence. Advances in AI-driven voice cloning and automated lip‑sync tools, once heralded as cost‑cutting innovations, now threaten to upend a $4.3 billion market in 2025 that is projected...

L'Oreal increases half-year revenue and adjusted profit

French company L'Oreal SA, the leading global cosmetics producer, showed sluggish revenue and adjusted profit increases in the first half of the year, as comparable sales growth fell short of market predictions. From January to June 2025, the firm's net profit totaled €3.37 billion, down from €3.66...

Chevron Resolves Reserve Shortfall by Leveraging Hess Merger and Winning Stabroek Arbitration

Chevron’s long‑awaited entry into the prolific offshore oilfields of Guyana became reality this week, as the U.S. supermajor closed its $55 billion acquisition of Hess Corporation and prevailed in a high‑stakes arbitration that cleared the way to assume a 30 percent stake in the Stabroek Block. The...

Foreign Funds Target London’s Undervalued Equities Amid Reform Drive

London’s equity market has long languished in the shadow of its European peers and the U.S. tech juggernaut, but a fresh wave of foreign capital is now steering toward the City’s “unloved” stocks. A combination of deeply discounted valuations, generous dividend yields, regulatory overhauls and...

U.S. Bancorp increases quarterly net income by 13.2%

U.S. Bancorp boosted its net income by 13.2% and revenue by 2% in Q2 2025, as adjusted profits rose while revenue fell just short of analysts' forecasts. From April to June, the bank recorded a net income of $1.82 billion, equivalent to $1.11 per share, compared to $1.6 billion, or $0.97 per share,...

India's GAIL to receive 1 million tons of LNG per year from Vitol for ten years

GAIL (India) Limited, a top importer and supplier of natural gas in India, and commodity trader Vitol have announced a sales and purchase agreement for liquefied natural gas, securing the supply of 1 million tons annually for ten years starting in 2026, according to the companies. The agreement was...

TSMC’s Precision Play Propels Q2 Performance Past Wall Street Forecasts

Taiwan Semiconductor Manufacturing Company delivered another standout quarter, reporting a near‑61 percent year‑on‑year surge in net profit and revenue growth of almost 39 percent. By outpacing analysts’ consensus estimates, TSMC underscored its position at the epicenter of the global semiconductor...
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