LG Electronics Inc. (LG) has recently announced its preliminary earnings results for the fourth quarter and full year of 2025. The company reported consolidated revenue of USD 60.5 billion and operating profit of USD 1.68 billion, marking record annual revenue for LG.  LG has now set new revenue records for two consecutive years. Over the […] The post LG ELECTRONICS RELEASES PRELIMINARY EARNINGS?FOR FOURTH-QUARTER AND FULL-YEAR 2025  appeared first on Web-Release.

    Chinese technology group ByteDance, best known as the owner of TikTok, is preparing a major push in artificial intelligence for 2026, planning roughly $23 billion (about 160 billion yuan) in capital expenditure on  AI infrastructure. The company intends this outlay to expand servers, data centres, and next-generation compute capacity that supports its AI models and services. This […] The post ByteDance will spend $23 billion on AI infrastructure in 2026 appeared first on Web-Release.

    Kuwait Petroleum Corporation (“KPC”), the state-owned corporation overseeing Kuwait’s oil and gas sector, today announced that its wholly owned subsidiary, Kuwait Oil Company (“KOC”), responsible for the exploration, production and… The post Kuwait Oil Company Signs US$ 16.0 Billion Infrastructure Partnership Involving Its Crude Oil Pipeline Network With a Consortium Comprising Blackstone, Brookfield and KKR appeared first on Web-Release.