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Saudi Aramco makes profits of 224 bln US...
RIYADH, April 1 (Xinhua) -- Saudi oil company Aramco made profits of 224 billion U.S. dollars in 2018, said Fitch Ratings, a major credit rating agency. "Its 2018 liquid production and total hydrocar
Hong Kong's Cathay Pacific gains profit ...
HONG KONG, March 13 (Xinhua) -- The Hong Kong-based airline Cathay Pacific gained profit of more than 2.3 billion HK dollars (293 million U.S. dollars) last year, ending its two-year run of net loss,
Huawei reports robust 2018 revenue, prof...
SHENZHEN, March 29 (Xinhua) -- Chinese telecom giant Huawei reported robust revenue and profit growth in 2018 "despite a challenging environment," the company announced Friday. The company raked in 7
Brunei earmarks 1.2 bln USD for oil, gas...
BANDAR SERI BEGAWAN, March 22 (Xinhua) -- Brunei has earmarked 1.65 billion Brunei dollars (1.2 billion U.S. dollars) for the development of new oil and gas fields and the acceleration of exploration
News Analysis: Experts forecast no furth...
by George Georgakopoulos ATHENS, Feb. 27 (Xinhua) -- Greece's creditors urged Athens on Wednesday to speed up the agreed reforms, otherwise it may miss out on measures adding up to 1 billion euros (1
Lyft’s imminent IPO could value th...
Ridehailing firm Lyft will make its Nasdaq debut as early as next week at a valuation of up to $23 billion, The Wall Street Journal reports. The business will reportedly price its shares at between $
Bangladesh earns 27.56 bln USD from expo...
DHAKA, March 7 (Xinhua) -- Bangladesh's exports in the first eight months of the current fiscal year (July 2018-June 2019) grew by about 13 percent to 27.56 billion U.S. dollars. According to officia
Chinese sci-fi flick wins over crows in ...
Even though February has yet to come to an end, China's box office for the month has already surpassed 10 billion yuan, or 1.5 billion U.S. dollars. Leading the pack of top-earners is "The Wandering
Iran's non-oil trade with OIC reaches 29...
TEHRAN, March 6 (Xinhua) -- Iran traded 59.13 million tons of non-oil commodities worth 29.63 billion U.S. dollars with the members of the Organization of Islamic Cooperation (OIC) during the first 1
China earmarks 32.2 bln yuan for nutriti...
BEIJING, March 11 (Xinhua) -- A total of 32.2 billion yuan (4.79 billion U.S. dollars) worth of subsidies went to the nationwide nutrition improvement program in 2018, benefiting 37 million rural stu
Lyft files with U.S. regulator for initi...
SAN FRANCISCO, March 1 (Xinhua) -- U.S. ride-hailing company Lyft on Friday officially filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for an initial public offe
Wuhan to invest 40 bln yuan in high-tech...
WUHAN, March 9 (Xinhua) -- The city of Wuhan, capital of central China's Hubei Province, will invest 40 billion yuan (about 6 billion U.S. dollars) to provide key support to the development of high-t
China Securities Co. reports profits dow...
BEIJING, March 19 (Xinhua) -- China Securities Co. said on Tuesday that its net profits fell 23.11 percent year-on-year to 3.09 billion yuan (about 461 million U.S. dollars) in 2018, largely due to i
Russia to invest 7.78 bln USD in space i...
The Russian government is planning to allocate more than 515 billion rubles (7.78 billion U.S. dollars) for the development of the country's aerospace industry from 2019 to 2021, Russian Prime Minist
Uzbekistan's external debt up to 17.3 bl...
TASHKENT, March 31 (Xinhua) -- Uzbekistan's total external debt increased 9.5 percent in 2018 from the previous year, reaching 17.3 billion U.S. dollars as of January 1, 2019, the country's central b
China's farm produce trade deficit expan...
BEIJING, April 6 (Xinhua) -- China's agricultural products trade reported a deficit of 12.72 billion U.S. dollars in the January-February period, up 37.1 percent year on year, official statistics sho
Hainan sets up multi-billion-yuan fund f...
South China's island province of Hainan has launched a three-billion-yuan (449 million U.S. dollars) fund for free trade zone (FTZ) construction, local authorities said Sunday. The municipal governme
U.S. trade deficit soars to 10-year high...
WASHINGTON, March 6 (Xinhua) -- U.S. trade deficit soared to 621 billion U.S. dollars in 2018, the highest in a decade, data released Wednesday by the U.S. Department of Commerce showed. The 68.8-bil
China strengthens support for needy peop...
BEIJING, April 1 (Xinhua) -- China's central government budget financed over 840 billion yuan (125 billion U.S. dollars) for urban and rural basic living allowance, medical assistance, support for th
Hungary to spend close to 3.5 bln USD on...
BUDAPEST, April 5 (Xinhua) -- The Hungarian government will spend some 980 billion forints (3.43 billion U.S. dollars) by 2024 on the development of its road network, according to official sources he
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