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Spanish energy company Iberdrola posts record profits

Spanish energy company Iberdrola posts record profits

2019-02-21 09:01

Its net profits rose to 3.01 billion euros last year, an increase of 7.5 percent on the 2017 profits.

Cathay Pacific expects a profit from last year to end its two-year net loss

Cathay Pacific expects a profit from last year to end its two-year net loss

2019-02-21 08:46

The Hong Kong-based airline Cathay Pacific expects to reach a profit of 2.3 billion HK dollars for 2018, ending its two-year run of net loss.

AUSTRALIA MARKETS（2019-02-20）

AUSTRALIA MARKETS（2019-02-20）

2019-02-20 15:24

Local technology stocks are well outperforming the market after a stellar interim result from Altium released after the close on 18 February.

Google to acquire data migration firm Alooma to bolster cloud business

Google to acquire data migration firm Alooma to bolster cloud business

2019-02-20 10:33

Google said Tuesday that it planned to buy Silicon Valley data migration company Alooma to grow its cloud business service.

Ford to exit heavy truck business in South America

Ford to exit heavy truck business in South America

2019-02-20 10:11

U.S. automaker Ford announced on Tuesday it will quit its commercial heavy truck business in South America.

Japanese carmaker Honda to close its only factory in Europe in 2021

Japanese carmaker Honda to close its only factory in Europe in 2021

2019-02-20 09:47

We have judged it is difficult to competitively produce electrified vehicles in Europe.

Alibaba raises stake in investment bank CICC

Alibaba raises stake in investment bank CICC

2019-02-20 09:45

China's e-commerce giant Alibaba Group has raised its stake in Hong Kong-listed shares of investment bank China International Capital Corporation.

Walmart fourth quarter revenue grows 1.9 pct

Walmart fourth quarter revenue grows 1.9 pct

2019-02-20 09:35

In China, a key market for Walmart, net sales increased 1.0 percent.

Chinese SaaS company Powerbridge Technologies prices its U.S. IPO

Chinese SaaS company Powerbridge Technologies prices its U.S. IPO

2019-02-20 09:24

The Chinese SaaS (software as a service) company plans to offer about 2.2 million shares at a price range of 4.50 to 5.50 dollars apiece.D

U.S.-listed Chinese firms trade mostly higher

U.S.-listed Chinese firms trade mostly higher

2019-02-20 08:41

Shares of BeiGene and JD.com rose 5.07 percent and 2.84 percent respectively, leading the advancers among the top 10 stocks.

CNPC reports strong output, sales in January

CNPC reports strong output, sales in January

2019-02-19 14:44

China National Petroleum Corporation (CNPC), the country's largest oil and gas producer and supplier, reported strong output and sales in January.

General Motors to invest more in U.S. Michigan crossover plant

General Motors to invest more in U.S. Michigan crossover plant

2019-02-19 11:20

U.S. automaker General Motors (GM) will invest 36 million U.S. dollars in an assembly plant in central Michigan to fund future crossover production.

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