Tax collection falls in March in Brazil

BRASILIA, April 24 (Xinhua) -- Brazil posted tax revenue of 109.854 billion reals (27.95 billion U.S. dollars) in March, a drop of 0.58 percent, after discounting inflation compared to the same perio

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

Foxconn seeking to renegotiate contract ...

CHICAGO, April 24 (Xinhua) -- Tech giant Foxconn said it is looking for "flexibility" within its existing contract with the U.S. state of Wisconsin for an LCD screen factory project worth 10 billion

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

Cyprus issues its first 30-year bond, dr...

NICOSIA, April 24 (Xinhua) -- Cyprus issued its first long-term bond maturing in 30 years, along with a 5-year bond, drawing demand for a total of 9 billion euros (10 billion U.S. dollars), Finance M

More than 150 projects inked at trade fa...

TIANJIN, April 24 (Xinhua) -- A total of 151 projects worth 69 billion yuan (10.27 billion U.S. dollars) have been inked at a trade fair in north China's Tianjin Municipality. Among the projects sign

Home appliance maker TCL reports rises i...

SHENZHEN, April 24 (Xinhua) -- China's leading home appliance manufacturer TCL Corp.'s revenue rose 15.5 percent to 29.6 billion yuan (about 4.42 billion U.S. dollars) in the first quarter of 2019. I

British gov't borrowing hits 17-year low

LONDON, April 24 (Xinhua) -- British government borrowing for the last financial year, between April 2018 and March 2019, hit the lowest point in 17 years, according to figures released Wednesday by

Facebook keeps growing with 2.38B users ...

A massive penalty hangs over Facebook’s head, but it otherwise had a very strong Q1 earnings report. Facebook reached 2.38 billion monthly users, up 2.5 percent from 2.32 billion in Q4 2018 when

China's consumption of cut flowers to ex...

SHANGHAI, April 24 (Xinhua) -- China's consumption of cut flowers is expected to exceed 100 billion yuan (14.87 billion U.S. dollars) by 2020, according to China Flower Association. The association s