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Beijing Benz recalls faulty automobiles in China

Beijing Benz recalls faulty automobiles in China

2017-11-02 09:12

Beijing Benz Automotive Co., Ltd. began on Wednesday recalling GLA and E class vehicles in China due to problematic airbags and active safety systems.

U.S. Vistra Energy to buy Dynegy in all-stock deal

U.S. Vistra Energy to buy Dynegy in all-stock deal

2017-11-01 09:01

Power company Vistra Energy in the U.S. state of Texas said Monday it will buy Dynegy Inc. in an all-stock deal.

French car parts supplier Valeo buys German FTE Automotive

French car parts supplier Valeo buys German FTE Automotive

2017-11-01 08:59

Valeo, one of main French automotive supplier, on Tuesday announced it finalized the deal to buy German FTE Automotive to diversify offer.

Samsung Electronics Q3 operating profit triples on brisk chip sales

Samsung Electronics' Q3 operating profit triples on brisk chip sales

2017-10-31 10:15

Samsung Electronics' operating profit almost tripled in the third quarter from a year ago thanks to brisk sales of semiconductors.

Puerto Rico cancels controversial 300-mln-dollar power grid contract

Puerto Rico cancels controversial 300-mln-dollar power grid contract

2017-10-30 13:39

Puerto Rico's state electricity company Sunday canceled a controversial contract worth 300 million U.S. dollars with a tiny Montana-based firm.

Chinese bike-sharing company Youon sees profit surge

Chinese bike-sharing company Youon sees profit surge

2017-10-30 13:36

China's bike-sharing company Youon reported a profit surge for the first three quarters on Monday.

Chinas Bank of Communications profit up 3.5 percent

China's Bank of Communications profit up 3.5 percent

2017-10-30 09:23

China's state-owned Bank of Communications announced that its net profit rose 3.5 percent in the first three quarters of the year, to 54.42bln yuan.

China Shenhua profit doubles in first three quarters

China Shenhua profit doubles in first three quarters

2017-10-30 09:22

China Shenhua said Saturday that its net profits had more than doubled in the first three quarters, mainly due to rising coal prices and sales.

S. Koreas Kia Motors posts 1st operating loss in decade

S. Korea's Kia Motors posts 1st operating loss in decade

2017-10-28 10:08

Kia Motors, South Korea's No. 2 carmaker, posted its first operating loss in 10 years due to a one-off factor, a regulatory filing showed Friday.

RBS to pay 44 mln USD to settle charges of U.S. bond price fraud

RBS to pay 44 mln USD to settle charges of U.S. bond price fraud

2017-10-27 14:41

Royal Bank of Scotland Group (RBS) has agreed to pay more than 44 million U.S. dollars to settle charges by the U.S. Department.

Hyundai Motor posts double-digit growth in Q3 profit on low base effect

Hyundai Motor posts double-digit growth in Q3 profit on low base effect

2017-10-27 10:13

Hyundai Motor, South Korea's biggest automaker, posted a double-digit growth in the third-quarter operating profit mainly due to low base effect.

Omantel to acquire additional 12.1 pct stake in Kuwaits telecom group

Omantel to acquire additional 12.1 pct stake in Kuwait's telecom group

2017-10-27 10:10

Omantel has signed an agreement to acquire an additional 12.1-percent stake in Kuwait-based Mobile Telecommunications Company with three firms.

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