News

Sun, 28 Apr 2019 14:05:04 GMT

Airline SAS cancels 1.2K extra flights

Scandinavia's airline SAS cancelled at least 1.2K flights on Monday and Tuesday, as pilots' strike disrupting passengers' travel plans entered the third day on Sunday.

Sun, 28 Apr 2019 13:08:03 GMT

Trump sees Japan to invest $40B in car factories in US

The US President Donald Trump stated that Japan's Prime Minister Shinzo Abe told him that Japan is investing $40B in new car plants in the United States.

Sun, 28 Apr 2019 13:07:41 GMT

SF Holding posts 16.6% revenue growth

China's courier major SF Holding saw a 16.68% yearly growth in revenues totalling $3.57B from the company's express delivery business in the Q1.

Sun, 28 Apr 2019 11:53:16 GMT

Apple restricts third-party screen tracking apps

Apple rolled out its new features designed to limit and track screen time and started to limit or remove some of third-party applications, which monitor screen time.

Sun, 28 Apr 2019 11:35:11 GMT

3M cuts 2K jobs

3M, the Scotch tape and Post-It notes maker, announced that it was cutting 2K jobs over the world amid weak sales during the last quarter and darkening outlook.

Sun, 28 Apr 2019 11:32:13 GMT

Russian corporate profits grow markedly this year

Russia's corporate profits increased strongly year-over-year in the beginning of 2019, raising to $38B in February, the latest data revealed.

Sun, 28 Apr 2019 11:29:09 GMT

Iran-Eastern Europe non-oil trade up 25.2% in value

Iran traded 4.49M tons of $2.66b worth non-oil commodities with countries of Eastern Europe over the 11 months to February, the report showed.

Sun, 28 Apr 2019 10:16:39 GMT

China's CITS revenue grows 66.2% last year

CITS, the Chinese leading tour operator, reported that its business revenue grew 66.21% to nearly $6.98B in the year of 2018, while net profit rose 22.29% from the prior year.

Sun, 28 Apr 2019 10:16:20 GMT

Santos marks record production in Q1

Santos, the Australian independent gas producer, reported record-high production in the Q1 and the second-biggest quarterly revenue of $1.02B.

Sun, 28 Apr 2019 08:51:50 GMT

Pinterest to debut on NYSE

Image-sharing platform Pinterest is expected to launch on the NYSE, with 75K shares to be offered in the company's initial public offering.

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.

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