Chinese electric vehicle start-up NIO has abandoned plans to build a manufacturing plant in Shanghai after net losses doubled to $1.4 billion last year.
Business
Mar 6, 2019
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8
Britain's troubled no-frills airline Flybe announced Monday that its shareholders have overwhelmingly approved a takeover from a consortium led by Virgin Atlantic.
Business
Mar 4, 2019
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6
European exchange operator Euronext on Monday raised its offer for the Oslo stock exchange to $783 million (691 million euros), besting an offer from US rival Nasdaq.
Business
Feb 11, 2019
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5
Dutch electronics giant Philips said Tuesday its 2018 headline earnings plunged more than 40 percent, reflecting the disposal of its lighting business, but underlying profit rose while sales were steady.
Business
Jan 29, 2019
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5
Shares in Chinese streaming music giant Tencent Music Entertainment are up 7 percent to $13.90 in afternoon trading Thursday, their first day of trade
Business
Dec 12, 2018
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4
Tencent Music, the streaming division of Chinese technology giant Tencent, said Tuesday it will raise $1.07 billion from the pricing of its US public share offering.
Business
Dec 12, 2018
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7
Russian internet giant Yandex on Wednesday launched its first ever smartphone in a highly anticipated move into hardware that builds on popular service apps.
Consumer & Gadgets
Dec 5, 2018
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5
Dutch electronics giant Philips, which is focusing its business on medical equipment and services, on Monday posted higher third quarter sales but profits dipped due to currency headwinds.
Business
Oct 22, 2018
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6
US cable giant Comcast on Tuesday said it is now the majority shareholder of pan-European TV satellite company Sky after purchasing 21st Century Fox's 39-percent holding in the group.
Business
Oct 9, 2018
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6
James Bond's favourite carmaker Aston Martin stalled Wednesday after making a glitzy £4.3-billion ($5.6-billion, 4.9-billion-euro) debut on the London stock market.
Business
Oct 3, 2018
0
6
