Chinese gaming and social media giant Tencent Holdings Ltd reported on Thursday a forecast-beating 89per cent rise in quarterly profit, boosted by video games and advertising businesses. The world's largest gaming firm by revenue booked a 38.5billion yuan (US$5.8 billion) profit for the three ...
A group of 165 companies and industry bodies have called on EU antitrust enforcers to take a tougher line against Google, saying the U.S. tech giant unfairly favours its own services on its web searches.
BEIJING: Plane-making giant Boeing said Thursday (Nov 12) it expects China to buy more than 8,600 new aeroplanes worth US$1.4 trillion in the next two decades, increasing its forecast as the country recovers from the COVID-19 outbreak. The world aviation industry has been shattered by the ...
Fiat Chrysler and Engie EPS, a part of French utility Engie that focuses on energy storage systems and microgrids, plan to set up a joint venture to boost electric mobility, the two companies said on Thursday.
British engineering company Rolls-Royce said shareholders signed up for 94per cent of new shares it issued as part of a 2 billion pound (US$2.64 billion) rights issue aimed at bolstering its pandemic-hit finances.
Nissan Motor Co Ltd revised its full-year forecast to an operating loss of 340 billion yen (US$3.23 billion) from a previous prediction for a record 470 billion yen loss.
LONDON: Britain's economy, which has struggled to maintain its recovery from its coronavirus lockdown crash, grew by a slower than expected 1.1 per cent in September from August, even before the latest restrictions on businesses, official data showed. Economists polled by Reuters had expected a ...
SINGAPORE: Buyers of cleaner cars and taxis can get bigger rebates from next year, while those who purchase vehicles that produce more emissions can expect to pay higher surcharges, said the National Environment Agency (NEA) and the Land Transport Authority (LTA) in a joint media release on ...
DUBAI: Emirates lost US$3.4 billion in the first six months of the year, tipping the Dubai state-owned airline's holding company into its first half-year loss in more than thirty years. The carrier, which temporarily suspended operations this year at the height of the COVID-19 pandemic, said ...
Emirates airline said on Thursday it lost US$3.4 billion in the first half of the year due to the coronavirus crisis, handing its holding company a half-year loss for the first time in over thirty years.
