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Baidus net profit surges in first quarter despite COVID-19

Baidu's net profit surges in first quarter despite COVID-19

2020-05-23 22:50

Baidu reported that its non-GAAP net profit skyrocketed 219 percent year-on-year to 3.1 billion yuan in the Q1 of 2020 despite the adverse impact o

U.S. rental-car company Hertz files for bankruptcy amid COVID-19 pandemic

U.S. rental-car company Hertz files for bankruptcy amid COVID-19 pandemic

2020-05-23 14:22

U.S. rental-car company Hertz Global Holdings Inc. filed for bankruptcy protection Friday night.

Alibaba reports 22 percent rise in quarterly revenue

Alibaba reports 22 percent rise in quarterly revenue

2020-05-23 00:33

China's e-commerce giant Alibaba on Friday reported a rosy quarterly revenue despite the economic impact of the COVID-19 pandemic.

UK airline easyJet to resume flights from mid-June

UK airline easyJet to resume flights from mid-June

2020-05-21 22:10

British low-cost airline easyJet announced Thursday that it will resume flights on June 15.

Philippine Airlines reports net loss of 203 mln USD in 2019

Philippine Airlines reports net loss of 203 mln USD in 2019

2020-05-21 19:07

The flag carrier Philippine Airlines (PAL) has recently reported a net loss of 10.31 billion pesos ($203 million) in 2019 on account of high expenses.

Turkish Airlines to resume operations in June

Turkish Airlines to resume operations in June

2020-05-21 10:30

The THY will begin its domestic flights on June 4 and international flights on June 10, a press officer told Xinhua on Thursday.

Tech giant Xiaomi reports 13.6 pct revenue growth in Q1

Tech giant Xiaomi reports 13.6 pct revenue growth in Q1

2020-05-20 22:22

China's tech giant Xiaomi reported 13.6 percent year-on-year revenue growth in the first quarter of 2020 despite the COVID-19 epidemic.

HK Disneyland prepares for reopening amid improving epidemic situation

HK Disneyland prepares for reopening amid improving epidemic situation

2020-05-20 21:05

The Hong Kong Disneyland Resort is preparing to reopen in light of the improving COVID-19 pandemic situation in Hong Kong.

U.S. home goods company seeks to close all stores

U.S. home goods company seeks to close all stores

2020-05-20 06:01

Pier 1 announced Tuesday that it is asking the bankruptcy court to ceasing its retail operations "as soon as reasonably possible.

HKSAR chief executive approves HKEX chairmanship

HKSAR chief executive approves HKEX chairmanship

2020-05-20 00:35

Chief Executive of the HKSAR Carrie Lam has approved the reappointment of Laura Cha as chairperson of the HKEX with immediate effect.

Sharps net profit drops over 70 pct in FY 2019 as pandemic batters demand

Sharp's net profit drops over 70 pct in FY 2019 as pandemic batters demand

2020-05-19 20:41

Sharp Corp. said Tuesday its net profit in fiscal 2019 had tumbled 71.8 percent from a year earlier to 20.96 billion yen (194.65 million U.S. dollars)

Nasdaq-listed Bilibili posts strong revenue growth in Q1

Nasdaq-listed Bilibili posts strong revenue growth in Q1

2020-05-19 13:03

Total revenue reached around 2.32 billion yuan (about $326.4 million) in the first quarter, an increase of 69 percent from the same period in 2019.

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