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Boeing faces mounting pressure as more countries ground Boeing 737 Max

Boeing faces mounting pressure as more countries ground Boeing 737 Max

2019-03-14 17:04

U.S. government bowed to international pressure to ground all Boeing 737 Max 8 and 9 aircraft.

Tesla Shanghai project going smoothly: Shanghai officials

Tesla Shanghai project going smoothly: Shanghai officials

2019-03-14 16:30

The construction of U.S. electric carmaker Tesla's new gigafactory in Shanghai is going smoothly.

Lufthansa says its profits down by 4 pct in 2018

Lufthansa says its profits down by 4 pct in 2018

2019-03-14 14:58

Adjusted earnings before interest and taxes of Lufthansa declined by 4 percent to 2.8 billion euros ($3.2 billion) in the fiscal year 2018.

China Unicom reports soaring profit growth

China Unicom reports soaring profit growth

2019-03-13 19:22

Profits amounted to 10.2 billion yuan (about 1.5 billion U.S. dollars).Revenue stood at 290.9 billion yuan.

Adidas increases turnover thanks to strong business in China, N. America

Adidas increases turnover thanks to strong business in China, N. America

2019-03-13 14:04

Adidas increased its currency-adjusted annual turnover by eight percent to a total of around 22 billion euros ($24.8 billion) in the fiscal year 2018.

Boeing extends losses as more airlines ground jets

Boeing extends losses as more airlines ground jets

2019-03-13 06:52

More aviation regulators and air carriers around the globe banned the aerospace giant's 737 Max jets after Sunday's deadly crash in Ethiopia.

Disney says acquisition of 21st Century Fox to close on March 20

Disney says acquisition of 21st Century Fox to close on March 20

2019-03-13 03:46

The Walt Disney Company announced Tuesday that its 71.3-billion-U.S. dollar acquisition of most of 21st Century Fox is expected to close on March 20.

Chinas Ping An Insurance Group annual profit surges 20.6 pct

China's Ping An Insurance Group annual profit surges 20.6 pct

2019-03-12 19:25

Ping An Insurance Group Co., one of the country's leading insurers, saw a 20.6 percent jump in annual net profit in 2018.

Tencent shares have gained nearly $40 billion in value this year

Tencent shares have gained nearly $40 billion in value this year

2019-03-12 16:38

Tencent had a tough 2018.

U.S. computer giant Nvidia buys Israels Mellanox chip maker for 7 bln USD

U.S. computer giant Nvidia buys Israel's Mellanox chip maker for 7 bln USD

2019-03-12 10:58

Mellanox Technologies said on Monday that U.S. computer giant Nvidia Corporation agreed to buy it for about 6.9 billion U.S. dollars in cash.

Chinese electric motorbike firm inks deal with UNEP to boost clean mobility

Chinese electric motorbike firm inks deal with UNEP to boost clean mobility

2019-03-12 10:08

TAILG Group signed a MOU with the UNEP to promote clean mobility in the eastern African region.

U.S takes no action against Boeing 737 despite two crashes in 5 months

U.S takes no action against Boeing 737 despite two crashes in 5 months

2019-03-12 09:17

U.S. Federal Aviation Administration (FAA): it is not taking any actions against the Boeing 737 Max 8 despite its second crash in five months.

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