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Ford reports U.S. sales decline in 2019 despite upbeat truck data

Ford reports U.S. sales decline in 2019 despite upbeat truck data

2020-01-07 03:09

Ford sold more than 2.4 million vehicles in the U.S. market during 2019, representing a 3-percent year-on-year decline despite upbeat truck sales.

Prudential Vietnam and SeABank sets up exclusive bancassurance partnership

Prudential Vietnam and SeABank sets up exclusive bancassurance partnership

2020-01-06 13:56

Prudential Vietnam have entered into an exclusive bancassurance partnership with a 20-year term.

Future Retail in pact with Amazon to expand consumer reach

Future Retail in pact with Amazon to expand consumer reach

2020-01-06 13:26

Future Retail Limited has entered into long-term agreement with Amazon's Indian subsidiary to expand the reach of its stores and consumer brands.

Chinese high-speed railway giant to debut on A-share market

Chinese high-speed railway giant to debut on A-share market

2020-01-06 11:02

Beijing-Shanghai High Speed Railway Co., Ltd. (BSHSR) will issue 6.286 billion stocks through an initial public offering (IPO) on Jan. 6, 2020.

Chinese company acquires Namibias cement maker

Chinese company acquires Namibia's cement maker

2020-01-06 10:02

Namibia's largest cement manufacturing company Ohorongo Cement has been acquired by West China Cement, Ohorongo Cement said in a statement on Sunday.

China Media Group sets up animation corporation

China Media Group sets up animation corporation

2020-01-05 23:41

An animation corporation was unveiled Sunday in Beijing with China Media Group (CMG)to boost making of original works and promote Chinese culture.

Hyundai to invest 87 bln USD for 5 years to expand in mobility market

Hyundai to invest 87 bln USD for 5 years to expand in mobility market

2020-01-02 17:27

Hyundai Motor Group said that it will invest 100 trillion won for the next five years in a bid to expand presence in the future mobility market.

Kweichow Moutai targets 110 bln yuan revenue in 2020

Kweichow Moutai targets 110 bln yuan revenue in 2020

2020-01-02 13:04

Moutai has set a revenue target of 110 billion yuan (around 15.78 billion U.S. dollars) in 2020, up 10 percent year on year.

IKEA acquires land in east Chinas Anhui

IKEA acquires land in east China's Anhui

2020-01-02 10:55

Global home furnishing giant IKEA has purchased a plot of land in Hefei City, paving the way for its first store in the province.

Ubers co-founder leaves board to focus on new startup

Uber's co-founder leaves board to focus on new startup

2019-12-25 21:58

Uber Technologies, Inc. said that its co-founder and former CEO Travis Kalanick is leaving the Board of Directors to focus on his own business.

Chinas central SOEs see profit growth in first 11 months

China's central SOEs see profit growth in first 11 months

2019-12-25 17:07

China's centrally administered state-owned enterprises (SOEs) saw strong profit and revenue growth in the first 11 months of the year.

Kweichow Moutai invests in new facilities for high-quality development

Kweichow Moutai invests in new facilities for high-quality development

2019-12-24 19:56

China's top liquor brand Kweichow Moutai Tuesday launched 12 new projects with a total investment of 15.8 billion yuan for high-quality development.

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