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Storied apparel retailer Brooks Brothers files for bankruptcy amid pandemic

Storied apparel retailer Brooks Brothers files for bankruptcy amid pandemic

2020-07-09 06:19

Brooks Brothers, one of the oldest apparel retailer in the United States, filed for bankruptcy protection on Wednesday.

Daimler records ＂best second quarter＂ in China despite COVID-19 impact

Daimler records ＂best second quarter＂ in China despite COVID-19 impact

2020-07-09 00:25

Daimler's Mercedes-Benz brand achieved its "best second quarter ever in terms of unit sales" in China, where car sales increased by 21.6% y-on-y.

Poly Real Estate reports rising June property sales

Poly Real Estate reports rising June property sales

2020-07-08 20:25

Its contracted property sales edged up by 8.15 percent year on year to 68.85 billion yuan (about 9.8 billion U.S. dollars) last month.

Chinese automaker FAW Group sees growing sales in H1

Chinese automaker FAW Group sees growing sales in H1

2020-07-08 17:55

Despite the novel coronavirus outbreak, China's leading automaker FAW Group sold over 1.63 million vehicles in the first half (H1) of 2020.

China Merchants Securities sees rising profits in June

China Merchants Securities sees rising profits in June

2020-07-08 17:12

The unaudited net profits for the parent company grew 68.5 percent year on year to 637 million yuan (about 90.7 million U.S. dollars) in June.

BYD new-energy vehicle sales slump in H1

BYD new-energy vehicle sales slump in H1

2020-07-08 13:21

The firm sold 60,677 NEVs in the January-June period, down 58.34 percent from the same period last year.

German airline Lufthansa to cut one in five jobs in management

German airline Lufthansa to cut one in five jobs in management

2020-07-07 22:48

The number of management positions across Lufthansa Group would be reduced by 20 percent.

Operating profit of S. Koreas LG Electronics posts double-digit fall in Q2

Operating profit of S. Korea's LG Electronics posts double-digit fall in Q2

2020-07-07 16:46

The preliminary figure for consolidated operating profit amounted to 493.1 billion won (412.5 million U.S. dollars) in the April-June quarter.

Samsungs operating profit posts double-digit growth in Q2

Samsung's operating profit posts double-digit growth in Q2

2020-07-07 14:12

Samsung Electronics, South Korea's tech behemoth, recorded a double-digit growth in the second quarter.

Jiangling Motors net profits more than triple in H1

Jiangling Motors net profits more than triple in H1

2020-07-07 09:59

The company's net profits attributable to shareholders rose 252.54 percent year on year to 208 million yuan in the period.

SAIC Motor car sales decline in H1, up in June

SAIC Motor car sales decline in H1, up in June

2020-07-07 09:59

Major Chinese automaker SAIC Motor Corporation Limited on Monday reported a decline in sales in the first half of the year (H1).

German vaccine developer CureVac to receive 75-mln-euro EU loan

German vaccine developer CureVac to receive 75-mln-euro EU loan

2020-07-07 00:11

The CureVac would receive a 75-million-euro loan by the European Investment Bank for developing vaccines and expanding the company's production.

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