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Indians Tech Mahindra buys U.S. based company for 64 mln USD

Indian's Tech Mahindra buys U.S. based company for 64 mln USD

2020-02-25 13:40

India's Tech Mahindra has acquired U.S. based Zen3 Infosolutions for 64 million U.S. dollars in an all-cash deal through its U.S. subsidiary.

U.S. tech giant launches Asia-Pacific headquarters in Melbourne

U.S. tech giant launches Asia-Pacific headquarters in Melbourne

2020-02-25 11:52

Software provider Lucidchart officially opened a new Asia-Pacific headquarters in the Australian city of Melbourne on Tuesday.

Chinese courier giant SF Holding net profit up 27 pct in 2019

Chinese courier giant SF Holding net profit up 27 pct in 2019

2020-02-25 11:50

China's express delivery giant SF Holding said its net profit for 2019 grew 27.2 percent year on year to 5.8 billion yuan on strong business growth.

Huawei 2019 revenue up 18 pct

Huawei 2019 revenue up 18 pct

2020-02-25 09:58

Chinese tech giant Huawei saw its revenue reach 850 billion yuan (about 121 billion U.S. dollars) in 2019, up 18 percent year on year.

Chinese transportation company MingZhu Logistics seeks U.S. IPO

Chinese transportation company MingZhu Logistics seeks U.S. IPO

2020-02-24 01:14

MingZhu Logistics Holdings, which provides trucking services and logistics in China, has filed for an IPO on the U.S. stock market.

Chinese healthcare website Zhongchao to make Nasdaq debut

Chinese healthcare website Zhongchao to make Nasdaq debut

2020-02-23 05:46

Zhongchao Inc.a professional training and educational services to healthcare professionals and the public in China, plans to list on the Nasdaq.

Wells Fargo agrees to pay $3bln settle federal probe into account scandal

Wells Fargo agrees to pay $3bln settle federal probe into account scandal

2020-02-22 17:59

It has reached a settlement with the federal government worth 3 billion U.S. dollars to resolve the bank's liabilities for a fake-accounts scandal.

De Beers reports lower performance in 2019

De Beers reports lower performance in 2019

2020-02-22 17:02

De Beers Group said on Friday that its revenue and production declined in 2019.

Chinas train maker in full production to meet overseas orders

China's train maker in full production to meet overseas orders

2020-02-21 12:53

China's top train maker CRRC is at full production capacity to meet six overseas orders, the company said.

Brazilian mining giant Vale registers net loss of 1.68 bln USD in 2019

Brazilian mining giant Vale registers net loss of 1.68 bln USD in 2019

2020-02-21 12:36

Brazilian mining giant Vale said it made a net loss of 1.68 billion U.S. dollars in 2019, down from net earnings of 6.86 billion dollars in 2018.

Lenovo registers record high quarterly earnings

Lenovo registers record high quarterly earnings

2020-02-20 15:16

Chinese tech giant Lenovo reported record highs of quarterly revenue and pre-tax profit in the third quarter of the 2019/2020 fiscal year.

Brazilian oil gaint Petrobras reports record high net profit in 2019

Brazilian oil gaint Petrobras reports record high net profit in 2019

2020-02-20 13:58

Brazil's state-controlled oil and gas giant Petrobras posted Wednesday a record-high net income of 40.1 billion reals in 2019.

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