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HKSAR chief executive approves HKEX chairmanship

HKSAR chief executive approves HKEX chairmanship

2020-05-20 00:35

Chief Executive of the HKSAR Carrie Lam has approved the reappointment of Laura Cha as chairperson of the HKEX with immediate effect.

Sharps net profit drops over 70 pct in FY 2019 as pandemic batters demand

Sharp's net profit drops over 70 pct in FY 2019 as pandemic batters demand

2020-05-19 20:41

Sharp Corp. said Tuesday its net profit in fiscal 2019 had tumbled 71.8 percent from a year earlier to 20.96 billion yen (194.65 million U.S. dollars)

Nasdaq-listed Bilibili posts strong revenue growth in Q1

Nasdaq-listed Bilibili posts strong revenue growth in Q1

2020-05-19 13:03

Total revenue reached around 2.32 billion yuan (about $326.4 million) in the first quarter, an increase of 69 percent from the same period in 2019.

Huawei opposes U.S. trade restrictions, tries to seek a solution

Huawei opposes U.S. trade restrictions, tries to seek a solution

2020-05-18 22:48

Huawei on Monday voiced strong opposition to the United States' planned new export controls targetting the Chinese telecom giant.

Chinese search engine giant Sogous revenue up 5 pct in Q1

Chinese search engine giant Sogou's revenue up 5 pct in Q1

2020-05-18 22:44

Chinese search engine company Sogou Inc. reported its revenue in the first quarter reached 1.79 billion yuan , up 5 percent year on year.

CNOOC, Shell to invest 5.6 billion U.S. dollars in new ethylene project

CNOOC, Shell to invest 5.6 billion U.S. dollars in new ethylene project

2020-05-18 01:04

CNOOC and Royal Dutch Shell signed a strategic cooperation framework agreement worth 5.6 billion.

JD.coms revenue up 20.7 pct in first quarter

JD.com's revenue up 20.7 pct in first quarter

2020-05-17 09:23

Chinese e-commerce giant JD.com reported steady revenue growth in the Q1 of 2020, with its net revenue expanding 20.7 percent year on year.

U.S. retailer J.C. Penney files for bankruptcy due to pandemic

U.S. retailer J.C. Penney files for bankruptcy due to pandemic

2020-05-16 10:56

U.S. retail giant J.C. Penney filed for bankruptcy on Friday due to the impact of COVID-19.

Ryanair announces over 250 job cuts amid pandemic crisis

Ryanair announces over 250 job cuts amid pandemic crisis

2020-05-16 00:36

Europe's largest budget airline Ryanair announced on Friday that it has cut more than 250 jobs.

Fast-food chain Popeyes opens first restaurant on Chinese mainland

Fast-food chain Popeyes opens first restaurant on Chinese mainland

2020-05-15 15:49

U.S. fast-food chain Popeyes opened its first flagship restaurant on the Chinese mainland on Friday.

IHG partners with Chinas travel giant Trip.com

IHG partners with China's travel giant Trip.com

2020-05-14 21:48

InterContinental Hotels Group PLC (IHG) said it launched its first online flagship store Thursday.

Maersk posts Q1 profits, predicts marked decline for shipping industry

Maersk posts Q1 profits, predicts marked decline for shipping industry

2020-05-14 02:56

According to the accounts, Maersk weathered the COVID-19 storm to achieve a Q1 profit of 1.44 billion Danish kroner (209 million U.S. dollars).

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