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Bank of China H1 profit rises 12%, biggest first half jump since 2013
BEIJING (Reuters) - Bank of China Ltd (BoC), the country's fourth-largest lender by assets, posted a 11.8% increase in first-half net profit on Monday, the biggest jump since 2013 as business activity...
Aug 30, 2021
China’s AgBank posts 12.4% rise in H1 net profits
BEIJING (Reuters) - Agricultural Bank of China (AgBank), the country's third-largest lender by assets, on Monday posted 12.4% growth in first-half profits, the fastest first-half growth since 2014 as ...
Aug 30, 2021
MapmyIndia targets valuation of up to $817 million with IPO filing this week – source
By Aditya Kalra and Sethuraman N R BENGALURU (Reuters) - MapmyIndia, which powers Apple maps in India, will file draft papers for an initial public offering worth 10-12 billion rupees ($136-$163 milli...
Aug 30, 2021
OPEC+ likely to keep oil output policy from September unchanged, sources say
DUBAI/LONDON (Reuters) - OPEC+ is likely to keep its oil output policy unchanged when the group meets on Wednesday and continue with its planned modest production increase, three OPEC+ sources told Re...
Aug 30, 2021
China’s Meituan reports third straight quarterly loss
BEIJING (Reuters) -Chinese food delivery giant Meituan posted a third consecutive quarterly loss on Monday as it continues to invest in expanding its various businesses. Meituan, China's eighth larges...
Aug 30, 2021
Alibaba fires 10 for leaking sexual assault accusations – Bloomberg News
(Reuters) - Alibaba Group Holding Ltd dismissed 10 employees for publicizing a female colleague's account of sexual assault allegations against a former manager, Bloomberg News reported on Monday, cit...
Aug 30, 2021
Indonesia approves plan to develop Ubadari gas field, Vorwata carbon project
TOKYO (Reuters) - Mitsubishi Corp and other Japanese firms said on Monday an Indonesian regulator has approved their plan to develop the new Ubadari gas field and raise output at the existing Vorwata ...
Aug 30, 2021
Shopee dips toe in India e-commerce market with seller recruitment campaign
By Fanny Potkin SINGAPORE (Reuters) - Singapore-headquartered Sea Ltd's Shopee has launched a recruitment campaign for sellers to sell on "Shopee India" and is ramping up hiring in the country, accord...
Aug 30, 2021
Indian auto parts makers’ shares gain on report of talks with Tesla
BENGALURU (Reuters) - Shares of Indian auto parts suppliers rose as much as 14% on Monday following a report electric-vehicle maker Tesla Inc was in talks with at least three companies to source criti...
Aug 30, 2021
Universal Studios Beijing to open on Sept. 20 – state tv
SHANGHAI (Reuters) - Universal Studios' Beijing resort will officially open on Sept. 20, China's state broadcaster CCTV said on Monday, citing the theme park. The park, a joint venture between Comcast...
Aug 30, 2021
Peoria, IL, USA
70 °F Partly cloudy
