Facebook beats profit estimates in Q1

Facebook on Wednesday blew past Wall Street profit estimates in the first quarter and set aside three billion U.S. dollars to cover a settlement with U.S. regulators, calming investors who had worrie

Boeing Q1 earnings fall on impact of two...

SAN FRANCISCO, April 24 (Xinhua) -- U.S. top aircraft manufacturer Boeing Company said Wednesday that its revenues slipped by a slight 2 percent to 22.9 billion U.S. dollars in the first quarter of 2

Tanzania makes advance payment of 309 ml...

DAR ES SALAAM, April 24 (Xinhua) -- The government of Tanzania on Wednesday made advance payment of about 309 million U.S. dollars to an Egyptian company for the construction of the 2,115MW Stiegler'

Australian PM commits 45 million USD for...

CANBERRA, April 24 (Xinhua) -- Australian Prime Minister Scott Morrison has announced 63 million Australian dollars (44.6 million U.S. dollars) in funding for wellbeing centers and employment assista

S.Korea's Samsung Electronics to invest ...

SEOUL, April 24 (Xinhua) -- Samsung Electronics, South Korea's tech behemoth, said on Wednesday that it will invest 133 trillion won (116 billion U.S. dollars) in nonmemory semiconductors, also calle

Large haul of narcotic drugs seized in M...

YANGON, April 24 (Xinhua) -- Myanmar authorities seized a large amount of narcotic drugs in townships of northern Kachin state, according to the Central Committee for Drug Abuse Wednesday. The seizur

S. Korea's Hyundai Motor sees double-dig...

SEOUL, April 24 (Xinhua) -- South Korea's biggest automaker Hyundai Motor saw a double-digit increase in its first-quarter operating profit, the company said Wednesday. Operating profit reached 824.9

S.Korea announces 5.9 bln USD extra budg...

SEOUL, April 24 (Xinhua) -- South Korea's government on Wednesday announced this year's supplementary budget plan worth 6.7 trillion won (5.9 billion U.S. dollars) to tackle air pollution and export

S. Korea announces 5.9 bln USD extra bud...

SEOUL, April 24 (Xinhua) -- South Korea's government on Wednesday announced this year's supplementary budget plan worth 6.7 trillion won (5.9 billion U.S. dollars) to tackle air pollution and export

Australian opposition vows to boost fune...

CANBERRA, April 21 (Xinhua) -- The opposition Australian Labor Party (ALP) has announced a 118-million-Australian dollar (84.4 million U.S. dollars) package to give all veterans the same funeral bene