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Tencent reports 26 pct revenue growth in Q1

Tencent reports 26 pct revenue growth in Q1

2020-05-14 01:17

China's Internet giant Tencent on Wednesday posted 26 percent year-on-year revenue growth in the first quarter, raking in over 108 billion yuan.

German tourism company TUI to cut 8,000 jobs due to coronavirus crisis

German tourism company TUI to cut 8,000 jobs due to coronavirus crisis

2020-05-13 21:46

Europe's largest tourism group TUI intends to cut around 8,000 jobs due to the collapse of business caused by the coronavirus pandemic.

Germanys Commerzbank posts Q1 loss as coronavirus crisis bites

Germany's Commerzbank posts Q1 loss as coronavirus crisis bites

2020-05-13 21:00

Commerzbank swung to a loss of 295 million euros ($320 million) in the first quarter (Q1) of 2020 from a profit of 122 million euros a year ago.

Uber considers purchasing U.S. food delivery service Grubhub

Uber considers purchasing U.S. food delivery service Grubhub

2020-05-13 16:54

Uber Technologies Inc. is considering buying U.S. food delivery service Grubhub.

FAW Toyotas electric car rolls off line in north China

FAW Toyota's electric car rolls off line in north China

2020-05-13 15:18

FAW Toyota's first pure electric car for mass production has rolled off the line.

Operating profit of German insurer Allianz down 22.2 pct in Q1

Operating profit of German insurer Allianz down 22.2 pct in Q1

2020-05-12 22:17

Operating profit of Allianz dropped by 22.2 percent year-on-year to 2.3 billion euros (2.5 billion U.S. dollars) in the first quarter (Q1) of 2020.

Frances Alstom reports improved results despite pandemic

France's Alstom reports improved results despite pandemic

2020-05-12 21:39

Between 1 April 2019 and 31 March 2020, Alstom booked 9.9 billion euros (10.76 billion U.S. dollars) of orders.

Net profit of Deutsche Post DHL down 59.7 pct in Q1

Net profit of Deutsche Post DHL down 59.7 pct in Q1

2020-05-12 21:32

Deutsche Post DHL Group's consolidated net profit fell by 59.7 percent year-on-year to 301 million euros ($325.5 million ) in the first quarter (Q1).

German utility E.ON sees strong Q1 after Innogy acquisition

German utility E.ON sees strong Q1 after Innogy acquisition

2020-05-12 20:38

Sales of E.ON almost doubled year-on-year from 9.1 billion euros to 17.7 billion euros (19.2 billion U.S. dollars) in the first quarter (Q1) of 2020.

2rd largest LatAm airline files for bankruptcy amid COVID-19 pandemic

2rd largest LatAm airline files for bankruptcy amid COVID-19 pandemic

2020-05-12 16:14

Colombia's Avianca, the second-largest airline in Latin America, filed for bankruptcy in the United States on Sunday.

Saudi Aramco announces Q1 net income of 16.7 billion USD

Saudi Aramco announces Q1 net income of 16.7 billion USD

2020-05-12 14:17

Saudi Arabian Oil Company (Aramco) announced on Tuesday its first-quarter net income of 16.7 billion U.S. dollars.

German consumer goods company Henkel sees slight sales decrease in Q1

German consumer goods company Henkel sees slight sales decrease in Q1

2020-05-12 00:58

Nominal sales of Henkel decreased by 0.8 percent year-on-year to 4.9 billion euros (5.31 billion U.S. dollars) in the first quarter (Q1) of 2020.

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