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Starbucks’ China challenger Luckin Coffee will price IPO at $17 a share

Starbucks’ China challenger Luckin Coffee will price IPO at $17 a share

2019-05-17 14:38

Luckin Coffee will price its initial public offering at $17 per share, sources with knowledge of the deal told CNBC on Thursday.

Huawei opposes U.S. export control decision

Huawei opposes U.S. export control decision

2019-05-17 12:57

Chinese technology firm Huawei said Thursday that it is "against the decision" made by the BIS of the U.S. Department of Commerce.

COSCO opens European head office in Rotterdam

COSCO opens European head office in Rotterdam

2019-05-17 10:33

COSCO SHIPPING Specialized on Thursday opened its European regional head office in Rotterdam.

Boeing says 737 Max software update is complete

Boeing says 737 Max software update is complete

2019-05-17 05:29

Boeing said Thursday that it has completed software update and tests for 737 Max planes that have been grounded worldwide.

BMW CEO faces criticism for bad Q1 results and lack of ambitious strategy

BMW CEO faces criticism for bad Q1 results and lack of ambitious strategy

2019-05-16 22:08

Harald Krueger, chief executive officer of the German luxury car maker BMW, faced a tough audience of shareholders at BMW's Annual General Meeting.

Chinas leading PV companies enjoy robust growth in overseas markets

China's leading PV companies enjoy robust growth in overseas markets

2019-05-16 17:20

Representatives of leading Chinese photovoltaic (PV) enterprises expect the global solar market to continue its rapid growth in 2019.

Cisco earnings in Q3 beat market estimates

Cisco earnings in Q3 beat market estimates

2019-05-16 15:10

U.S. tech leader Cisco Systems, Inc. said Wednesday that it has about 13 billion U.S. dollars in revenue for the third quarter ending on April 27.

Interview: U.S. farmers yearn for normal trade with China

Interview: U.S. farmers yearn for normal trade with China

2019-05-16 14:08

U.S. soybean farmers are frustrated by disrupted U.S.-China trade, and they yearn for "trading as normal" with China.

Chinas CATL signs battery supply deal with Volvo

China's CATL signs battery supply deal with Volvo

2019-05-16 11:30

CATL has reached a multi-billion-dollar deal with Swedish carmaker Volvo.

Alibaba revenue up 51 pct in last fiscal year

Alibaba revenue up 51 pct in last fiscal year

2019-05-16 11:26

Alibaba said Wednesday that its revenue for the fiscal year ending March 2019 surged 51 percent year on year to 376.84 billion yuan.

Tencent net profit exceeds 20 bln yuan in Q1

Tencent net profit exceeds 20 bln yuan in Q1

2019-05-16 09:45

China's Internet giant Tencent announced Wednesday that its net profit increased by 14 percent year on year to 20.93 billion yuan in the Q1.

Wanda ups investment in Shenyang to tap northeast China revitalization

Wanda ups investment in Shenyang to tap northeast China revitalization

2019-05-16 09:20

Chinese commercial giant Wanda Group announced Wednesday it will invest 80 billion yuan in northeast China's Shenyang City.

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