News

Note: This section contains information in English only.
Sun, 28 Apr 2019 08:51:35 GMT

Ayala to launch VC fund to fuel tech innovations

Ayala Corporation and its affiliates announced plans to establish a new venture capital fund of at least $150M, which would be invested globally in innovations and new technologies.

Sun, 28 Apr 2019 08:24:08 GMT

Canada to enact tariffs for two steel types

Canada stated that it is set enact special tariffs to protect Canada's steel workers' jobs in the front of foreign steel, which is dumped on Canada's market.

Sun, 28 Apr 2019 08:22:39 GMT

Chevron's output up 7% worldwide

Chevron reported earnings of $2.6B in the first quarter, down from $3.6B the same period last year, while its worldwide oil-equivalent production grew 7% on a yearly basis.

Sun, 28 Apr 2019 07:10:21 GMT

Subaru opens plant in Thailand

Subaru opened its assembly plant in Thailand to produce cars for both domestic and foreign markets, aiming to reach 100K units per year maximum capacity.

Sun, 28 Apr 2019 07:09:42 GMT

Taiwan's economy still sluggish in March

Taiwan kept seeing signs of sluggish economic growth in March, as uncertainty continued to weight on the country's economic outlook, the latest reports showed.

Sun, 28 Apr 2019 05:50:38 GMT

Sudan signs $200 million loan with AFESD

According to the state news agency, Sudan has signed a $200m loan deal from the Arabic Fund for Economic and Social Development.

Sun, 28 Apr 2019 05:50:29 GMT

Xi praises more than $64B worth BRI deals

On Saturday, the President of China Xi Jinping praised deals worth over $64 billion signed during the Chinese Belt and Road Initiative this week.

Sun, 28 Apr 2019 04:58:56 GMT

Putin wants Iran to continue crude oil exports

Russia's President Vladimir Putin said on Saturday that he hoped crude oil exports from Iran would continue, despite the US attempts to stop them.

Sun, 28 Apr 2019 04:58:47 GMT

Support for Scottish independence at 49%

According to a poll released on Saturday, support for Scotland secession from the United Kingdom had risen to 49%, its highest level in the last four years.

Sun, 28 Apr 2019 04:11:57 GMT

Moscow considers offering Ukrainian citizens Russian passports

On Saturday, Russia's President Vladimir Putin said that Russia may offer its passports to all Ukrainians citizens.

Sun, 28 Apr 2019 04:07:22 GMT

Erdogan promises to confront oppositions inside party

Tayyip Erdogan, the President of Turkey, said on Saturday that he would confront oppositions inside his own ruling party, weeks after he lost the election in Ankara and Istanbul.

Sat, 27 Apr 2019 20:05:36 GMT

Newmont Goldcorp's profit jumps in Q1

Newmont Goldcorp, the world's biggest gold producer, reported better-than-anticipated March-quarter headline earnings, as lower costs and higher production helped to offset lower prices of metal.

Sat, 27 Apr 2019 20:05:24 GMT

Chinese steel firms' profits fall in Q1

Major steel manufacturers in China reported sharp falls in the first quarter's profit, as declining prices of steel eroded profit margins.

Sat, 27 Apr 2019 18:53:51 GMT

Yandex revenues increase 40% in Q1

Revenues of Russia's internet group Yandex totalled RUB 37.28B in the March of this year, up 40% year-over-year, while net income amounted to RUB 3.12B.

Sat, 27 Apr 2019 18:53:28 GMT

Toyota halts plan to install US connected vehicle tech

Toyota Motor stated that it abandoned plans to install DSRC technology on the US cars aimed at letting vehicles and trucks communicate to avoid collisions.

Sat, 27 Apr 2019 18:01:31 GMT

Chipotle's revenue at $1.3B in Q1

Chipotle Mexican Grill, the US chain of Mexican restaurants, reported its revenue in line with forecasts at $1.3B in the Q1 of this year, a 13.9% increase in a yearly basis.

Sat, 27 Apr 2019 18:01:05 GMT

Amazon spends $1.7B on content in first quarter

Amazon revealed in its regulatory filing that it had a $1.7B total video and music expenses over the first quarter, up from $1.5B in the same period last year.

Sat, 27 Apr 2019 16:53:23 GMT

Conch Cement's net profit jumps 27% in Q1

Leading China's cement producer Conch Cement posted a 27.3% yearly increase in the net profit for the March quarter of 2019, continuing last year's strong expansion.  

Sat, 27 Apr 2019 16:53:15 GMT

JPX revenues grow despite weak results

The JPX or Japan Exchange Group revealed in consolidated financial report that operating revenue increased year-over-year, while other key indicators did not perform well for the Group.

Sat, 27 Apr 2019 16:05:33 GMT

Total profits affected by volatile oil prices

France's energy major Total stated that its net profit in the first quarter fell 4% to $2.8B compared with the prior year amid volatile oil prices and debt costs in spite of record gas and oil output.

Sat, 27 Apr 2019 16:03:47 GMT

Sony reports music revenues drop in fiscal 2018

Sony Music's recorded that its music revenues declined 4.5% in fiscal year of 2018 to £2.96B amid lower physical sales of recorded music and the new accounting standard's impact.

Sat, 27 Apr 2019 14:54:10 GMT

Armenia's economic activity up 6.2%

Economic activity in the country of Armenia rose 6.2% month-on-month in March, while quarterly growth was seen at 6.5%, the NSS of Armenia revealed.

Sat, 27 Apr 2019 14:52:38 GMT

AirAsia carries 12.5M passengers in Q1

AirAsia Group carried 12.54M million passengers in the March quarter, up 18% from 10.65M passengers in the similar period of 2018.

Sat, 27 Apr 2019 14:30:37 GMT

EU pork shipments jump 8%

EU exports of frozen and fresh pork in the period of January and February 2019 totalled 394.4K tonnes, an 8% yearly increase, Eurostat reported.

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