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Brazilian gov't presents social security...
RIO DE JANEIRO, March 20 (Xinhua) -- The Brazilian government on Wednesday presented to the Congress a bill for the reform of the social security system of the military. The reform will affect the pe
NVIDIA to buy supercomputer chipmaker Me...
After several days of speculation, today NVIDIA confirmed that it would acquire chipmaker Mellanox for $6.9 billion in an all share-deal, in an ongoing consolidation of chipmakers — and in this
Tencent net profit exceeds 77 bln yuan l...
SHENZHEN, March 21 (Xinhua) -- Chinese tech conglomerate Tencent announced Thursday that it registered a net profit of about 77.47 billion yuan (about 11.58 billion U.S. dollars) in 2018. The tech gi
Volkswagen increases revenue, accelerate...
BERLIN, March 12 (Xinhua) -- The Volkswagen Group's annual sales revenue increased by 2.7 percent to 235.8 billion euros (265.7 billion U.S. dollars) in 2018 despite problems with the introduction of
Azerbaijan spends nearly 2 bln dollars i...
BAKU, March 16 (Xinhua) -- Azerbaijan's prime minister said Friday that the country spent 3.3 billion manats (1.94 billion U.S. dollars) to improve its defense capacity last year, according to the st
German chemical giant BASF profits fall ...
BERLIN, Feb. 26 (Xinhua) -- German chemical giant BASF's net profits fell nearly 23 percent year on year to 4.7 billion euros (5.34 billion U.S. dollars) in 2018, while its turnover increased slightl
U.S. runs budget surplus of 8.7 bln USD ...
WASHINGTON, March 5 (Xinhua) -- The U.S. Treasury Department on Tuesday reported a budget surplus of 8.7 billion U.S. dollars in January, down 40.5 billion dollars, or 82 percent, from the same month
Jiangsu sees growing foreign trade in Ja...
NANJING, Feb. 25 (Xinhua) -- East China's Jiangsu Province saw its foreign trade rise 5.6 percent year on year to 370.7 billion yuan (55.4 billion U.S. dollars) in January, according to Nanjing Custo
China invests 479 bln USD in transport s...
BEIJING, March 2 (Xinhua) -- Fixed-asset investment (FAI) in China's transport sector totaled 3.2 trillion yuan (about 478.9 billion U.S. dollars) last year as the country continued to spend on infra
Commodity exchange of BiH, EU sees 7.4 p...
SARAJEVO, March 11 (Xinhua) -- The total commodity exchange of Bosnia and Herzegovina (BiH) in 2018 amounted to 31.17 billion convertible mark (KM)(17.92 billion U.S. dollars), 65.3 percent of which
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
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