Lyft valued at $24.3 billion in first ri...

Lyft Inc. was valued at 24.3 billion U.S. dollars in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to do as investors overlooked unce

Croatian gov't rejects restructuring pla...

ZAGREB, March 28 (Xinhua) -- The Croatian government rejected on Thursday a proposed restructuring plan for the country's biggest shipbuilding group Uljanik, which pushed the company on the brink of

U.S. storage of working natural gas cont...

HOUSTON, March 28 (Xinhua) -- Working natural gas storage in the contiguous United States was 1,107 billion cubic feet (about 31.35 billion cubic meters) in the week ending March 22, a net decrease o

Austria achieves first budget surplus si...

VIENNA, March 28 (Xinhua) -- Austria has achieved budget surplus for the first time since 1974 last year thanks to increased tax revenues resulting from booming economy, Statistics Austria revealed i

China Int'l Marine Containers sees 35 pc...

SHENZHEN, March 28 (Xinhua) -- China International Marine Containers (Group) Co., Ltd. (CIMC) posted a 34.7 percent annual growth in net profit for 2018. In its 2018 financial results filed to the Sh

China's February service trade deficit n...

China's deficit in foreign service trade narrowed in February, official data showed Thursday. The deficit decreased to 20.6 billion U.S. dollars last month, down from 22.8 billion U.S.dollars in Janu

Lyft prices IPO at top of range

Lyft raised more than $2 billion Thursday afternoon after pricing its shares at $72 apiece, the top of the expected range of $70 to $72 per share. This gives Lyft a fully-diluted market value of $24 b

Legend Holdings revenue up 13 pct in 201...

BEIJING, March 28 (Xinhua) -- Legend Holdings Corporation, parent company of Chinese tech giant Lenovo, posted revenue of 358.92 billion yuan (53.41 billion U.S. dollars) in 2018, up by 13 percent ye

China's service trade deficit narrows in...

BEIJING, March 28 (Xinhua) -- China's deficit in foreign service trade narrowed in February, official data showed Thursday. The deficit decreased to 20.6 billion U.S. dollars last month, down from 22

Tibet receives projects worth 20 bln yua...

LHASA, March 28 (Xinhua) -- A total of 2,806 projects involving 20 billion yuan (around 2.97 billion U.S. dollars), supported by partners across China, have been implemented in Tibet Autonomous Regio