Expansion Plans
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Waymo Appoints Steve Fieler as CFO
Waymo, Alphabet’s autonomous driving unit, has appointed Steve Fieler as its new CFO. This move signals Waymo’s focus on expansion and potential funding opportunities. Fieler’s experience at Google and HP will be crucial as Waymo scales its robotaxi services across multiple markets, including upcoming launches in Miami and Washington, D.C. The company aims to solidify its position amid technological and regulatory challenges, balancing growth with financial sustainability in the competitive autonomous vehicle industry. Waymo’s recent financial reports show significant investment in R&D.
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China XLX Announces 2025 Half-Year Results
China XLX Fertiliser reported strong Q2 2025 results, with revenue up 16.7% QoQ to RMB 6.82 billion and profit surging 103.4% QoQ to RMB 402 million. H1 revenue grew 5% YoY to RMB 12.666 billion, although profit declined 12.8% YoY. The company improved its debt structure and reduced finance expenses. Key operational highlights include increased urea exports and revenue growth in compound fertilizer and methanol segments. Phase II of the Jiangxi Project is scheduled to commence operations in Q3 2025.