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China's Baidu buys mobile app firm for $1.9 bn

China's leading web search engine Baidu is to buy a smartphone app distribution firm for $1.9 billion, it said Tuesday, in what is believed to be the largest takeover in the country's Internet industry.

dateJul 16, 2013 in Business
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China's Tencent quarterly profit rises 32%

Chinese Internet giant Tencent on Wednesday posted a third quarter net profit increase of 32 percent, benefiting from the popularity of its instant messaging services and online games.

dateNov 14, 2012 in Business
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China Mobile net profit rises 1.4%

China Mobile, the world's biggest mobile operator by subscribers, Monday reported a 1.4 percent rise in net profit for the first nine months of the year, amid robust growth in its subscriber base.

dateOct 22, 2012 in Business
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Climate scepticism highest in US, Britain

Awareness of climate change is high in many countries, especially the tropics, but in Britain, Japan and the United States many are doubtful about the cause, a poll published on Thursday said.

dateOct 04, 2012 in Environment
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Hong Kong company completes purchase of Saab

(AP)—A Hong Kong-owned company says it has completed the acquisition of bankrupt car maker Saab and will move ahead with its business plan to make electric cars under the Swedish brand.

dateSep 03, 2012 in Business
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