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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
China’s Tencent is raising $6 bill...
Tencent, Asia’s largest tech firm, is raising $6 billion after the Hong Kong-listed firm announced a new note sale today.Tencent last tapped the markets when it raised $5 billion in January 2018
Property giant Country Garden sees profi...
GUANGZHOU, March 18 (Xinhua) -- China's leading property developer Country Garden Monday reported rises in major financial indicators including revenue and core profit in 2018. The Guangdong-based co
Missing CO2 targets for transport sector...
BERLIN, March 6 (Xinhua) -- The German government could incur costs of up to 36 billion euros (40.7 billion U.S. dollars) if it misses European Union (EU) targets for greenhouse gas emissions reducti
China Eastern Airlines revenue up 13 pct...
China Eastern Airlines Co., Ltd., one of the country's three largest state-owned airlines, registered revenues of 114.93 billion yuan (17.13 billion U.S. dollars) in 2018, up 12.99 percent year on ye
European Investment Bank Group injects 2...
DELPHI, Greece, March 1 (Xinhua) -- European Investment Bank (EIB) Group provided 1.9 billion euros (2.15 billion U.S dollars) for new private sector, energy and urban investment across Greece in 201
TCL net profit up 30 pct in 2018
SHENZHEN, March 20 (Xinhua) -- China's leading home appliance manufacturer TCL Corp. posted a 30.2 percent year-on-year rise in net profits for 2018. In its annual financial results filed to the Shen
China border province posts 36 pct trade...
KUNMING, Feb. 28 (Xinhua) -- Yunnan, a border province in southwest China, saw its foreign trade rise 35.8 percent year on year to 19.9 billion yuan (3 billion U.S. dollars) in January, said Kunming
Malaysia's int'l reserves stand at 102.4...
KUALA LUMPUR, March 7 (Xinhua) -- Malaysia's central bank, Bank Negara, said on Thursday that its international reserves stood at 102.4 billion U.S. dollars as of Feb. 28. The reserves were marginall
Huawei reports robust 2018 revenue, prof...
Chinese telecom giant Huawei reported robust revenue and profit growth in 2018 "despite a challenging environment," the company announced Friday. The company raked in 721.2 billion yuan (about 105.2
Central bank injects liquidity into mark...
BEIJING, Feb. 1 (Xinhua) -- China's central bank lent 16 billion yuan (about 2.39 billion U.S. dollars) to financial institutions through the standing lending facility (SLF) in January to help meet p
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