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Chinas central SOEs post strong profit growth

China's central SOEs post strong profit growth

2017-07-11 15:32

China's centrally administered SOEs posted a combined profits of 721.8 billion yuan in the first half of the year, up 15.8 percent year on year.

COSCO Shipping to buy OOIL for USD6.3 billion

COSCO Shipping to buy OOIL for USD6.3 billion

2017-07-11 14:07

COSCO Shipping Holding Co Ltd will purchase a majority stake in Orient Overseas International Ltd(OOIL) for $6.3 bln.

U.S. oil service company Halliburton hires 100 each month this year

U.S. oil service company Halliburton hires 100 each month this year

2017-07-11 03:33

The Houston oil field service company Halliburton has hired about 100 new workers each month this year.

Chinese company, Airbus sign 22.8 bln USD deal

Chinese company, Airbus sign 22.8 bln USD deal

2017-07-10 17:42

China Aviation Supplies Holding Company has signed an agreement to purchase 140 planes from Airbus in a deal worth about 22.8 billion U.S. dollars.

Amazon keeping expansion momentum in Houston

Amazon keeping expansion momentum in Houston

2017-07-09 03:21

Amazon's grocery delivery service, AmazonFresh, is coming soon to Houston, local media reported on Friday.

Brazils oil company Petrobras to sell assets in Paraguay

Brazil's oil company Petrobras to sell assets in Paraguay

2017-07-08 07:09

Brazil's state-owned oil company Petrobras announced Friday it will sell all its assets in Paraguay.

Samsung Electronics posts record-high operating profit in Q2

Samsung Electronics posts record-high operating profit in Q2

2017-07-07 09:25

Samsung Electronics posted its record-high operating profit in the second quarter, logging a double-digit growth compared with a year earlier.

Beijing police investigate Baidu self-driving car video

Beijing police investigate Baidu self-driving car video

2017-07-06 14:52

Beijing traffic police said that they will investigate footage showing a self-driving car developed by Chinese tech giant Baidu on the open road.

Analysis suggests Walmart to buy Sprouts to compete with Amazon

Analysis suggests Walmart to buy Sprouts to compete with Amazon

2017-07-06 05:28

Walmart could acquire the Phoenix-based grocer Sprouts Farmers Market to compete with Amazon's recent purchase of organic grocery chain Whole Foods.

Chinese firm wins tender to expand Kenyas key road

Chinese firm wins tender to expand Kenya's key road

2017-07-05 00:57

A Chinese firm has been awarded a contract to expand a 9.8-kilometer stretch of road in the outskirts of Nairobi, Kenyan authorities said Tuesday.

SOEs reform enters window period

SOEs reform enters window period

2017-07-04 16:34

As China’s state-owned enterprises (SOEs) reform enters its window period, listed companies are taking intensive measures in operating capital.

GE-Baker Hughes merger creates Worlds No. 2 oilfield services firm

GE-Baker Hughes merger creates World's No. 2 oilfield services firm

2017-07-04 07:38

The merger of Houston oil field services firm Baker Hughes with the oil and gas division of General Electric (GE) closed on Monday.

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