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Daimler, Volkswagen mull joining forces in online used vehicle market

Daimler, Volkswagen mull joining forces in online used vehicle market

2018-08-23 10:56

German carmaker Daimler will join forces with rival Volkswagen by acquiring a stake of the new "HeyCar" online market for used vehicles.

LeEco founder Jia Yueting will pay debts to Leshi, report claims

LeEco founder Jia Yueting will pay debts to Leshi, report claims

2018-08-23 09:51

LeEco founder Jia Yueting will reportedly pay the company's debts to Leshi.

Geely reports revenue stood at 53.7 billion yuan in H1

Geely reports revenue stood at 53.7 billion yuan in H1

2018-08-23 08:40

Chinese automaker Geely's total revenue in the first half of this year increased by 36 percent to 53.7 billion yuan (7.8 billion U.S. dollars).

Telecom carriers post strong H1 results

Telecom carriers post strong H1 results

2018-08-22 13:41

The top three major telecommunication carriers all reported rising revenues and profits in the first half of the year.

San Francisco car rental startup scales up car-sharing business

San Francisco car rental startup scales up car-sharing business

2018-08-22 10:16

San Francisco-based peer-to-peer car sharing startup Getaround announced Tuesday that it has completed $300 mln series D funding lead by SoftBank.

HNA Infrastructures executives to increase stake

HNA Infrastructure's executives to increase stake

2018-08-21 13:56

HNA Infrastructure Investment Group: some directors and senior executives to increase their stakes in it in next three months starting from August 20.

Chinas State Grid to sell 70.3 pct stake in coal retail venture

China's State Grid to sell 70.3 pct stake in coal retail venture

2018-08-21 10:23

State Grid Jiangsu Electric Power Co., Ltd sell its 70.3 percent stake in a coal retail joint venture with Jiangsu Investment Management Co., Ltd.

China Vanke net profit up 24.9 pct in H1

China Vanke net profit up 24.9 pct in H1

2018-08-21 08:48

China Vanke said its net profit reached 9.12 billion yuan (about 1.32 billion U.S. dollars) in the first six months of 2018.

Malaysia positive on further cooperation between Proton and Chinas Geely

Malaysia positive on further cooperation between Proton and China's Geely

2018-08-21 08:39

Recent announcement of plan for joint production in China by Proton Holdings Bhd and Geely Holding Group has sent a positive signal to investors.

17 companies debut on Chinas "new third board"

17 companies debut on China's "new third board"

2018-08-20 09:12

China's National Equities Exchange and Quotations (NEEQ)saw the debut of 17 small and medium-sized enterprises from Aug. 13 to 17.

Siemens secures major trains order from Austrian National Railway Company

Siemens secures major trains order from Austrian National Railway Company

2018-08-18 14:43

Siemens has secured an order from the Austrian National Railway Company for new train carriages worth more than 1.5 billion euros.

Volkswagen to raise annual production at Wolfsburg plant to 1 million

Volkswagen to raise annual production at Wolfsburg plant to 1 million

2018-08-18 14:32

Volkswagen will expand vehicle production at its traditional Wolfsburg plant significantly in the coming years.

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