Tag: Joint venture

BusinessPersonal Finance

Entain Q3 2025 Performance: BetMGM Shines as International Sales Slow

Entain’s share price fell 2% as the FTSE 100 gambling giant reported slowing sales growth outside its blockbuster BetMGM division. While total net gaming revenue rose 6% in Q3 2025, international markets showed mixed performance with Brazil declining 11% and Australia falling 6%.

Shares in Entain dropped 2% in midweek trading as the gambling giant reported slowing sales growth outside its powerhouse BetMGM US division. The FTSE 100 company’s stock fell to 823p per share following its third-quarter 2025 earnings release, which revealed a complex picture of regional performance across its global operations.

Overall Financial Performance

by Nathan Cole
Automotive IndustryEnergy

GM Ends Hydrogen Fuel Cell Development for Consumer Vehicles

General Motors announced it will end hydrogen fuel cell development for consumer vehicles through its HYDROTEC brand. The automotive giant will redirect R&D efforts toward battery technology and electric vehicles. This strategic shift follows similar moves across the automotive industry as hydrogen infrastructure challenges persist.

In a significant strategic pivot, General Motors has announced it will cease development of hydrogen fuel cells for consumer vehicles, marking a major shift in the automotive industry’s alternative energy landscape. The company’s Friday bulletin confirmed the end of its HYDROTEC brand’s work on hydrogen fuel cell technology for passenger vehicles, instead redirecting research and development resources toward battery systems, charging infrastructure, and electric vehicle platforms. This decision reflects broader industry trends as automakers confront the practical challenges of hydrogen adoption.

Strategic Shift in Automotive Energy Development

by Nathan Cole