close
close

Huawei records a jump in profits in the first half of the year thanks to smartphone renaissance


Huawei records a jump in profits in the first half of the year thanks to smartphone renaissance

SHENZHEN, China, Aug 29 (Reuters) – Chinese technology giant Huawei (HWT.UL) reported strong growth in revenue and net profit in the first half of the year on Thursday. Smartphone sales were robust and business with components for smart cars was also doing well despite U.S. sanctions. Net profit rose 18% to 54.9 billion yuan ($7.7 […]

Two Republicans want the Pentagon to put Chinese battery maker CATL on the blacklist


Two Republicans want the Pentagon to put Chinese battery maker CATL on the blacklist

WASHINGTON, Aug 28 (Reuters) – Two leading Republican lawmakers on Wednesday called on the U.S. Defense Department to add Chinese battery maker CATL (300750.SZ) to the list of the world’s largest battery makers.opens new tab placed on a restricted list of companies allegedly collaborating with Beijing’s military. Companies on the list cannot receive U.S. military […]

A military court has sentenced a Myanmar journalist to life imprisonment, says the magazine’s editor


A military court has sentenced a Myanmar journalist to life imprisonment, says the magazine’s editor

BANGKOK (AP) — A military court in Myanmar has sentenced a local journalist to life in prison and sentenced one of his colleagues to 20 years under an anti-terrorism law, the publisher said Wednesday. The sentences against Myo Myint Oo and Aung San Oo of the independent online news service Dawei Watch appear to be […]

Prudential’s half-year profit misses target, British insurer loses four times as much capital


Prudential’s half-year profit misses target, British insurer loses four times as much capital

Prudential’s interim results fell short of market estimates after a valuation loss in the British insurer’s investment portfolio led to an unexpected drop in profit. Net income fell 87 percent year-on-year to $120 million in the first six months of 2024, after excluding a short-term investment loss of $1.08 billion, in stark contrast to the […]

China Evergrande’s electric car subsidiary warns of a larger loss in the first half of the year due to impairment provisions


China Evergrande’s electric car subsidiary warns of a larger loss in the first half of the year due to impairment provisions

Aug 27 (Reuters) – The electric vehicle division of troubled property developer China Evergrande (3333.HK)opens new tab announced on Tuesday that it expected a higher loss for the first half of 2024 due to an increase in provisions for impairment. China Evergrande New Vehicle (0708.HK)opens new tab estimated its consolidated net loss for the six […]

US Open, first day | Reuters


US Open, first day | Reuters

NEW YORK, Aug 27 (Reuters) – Highlights from the first day of the U.S. Open at Flushing Meadows on Monday (times GMT): 0411 SABALENKA STORMS PAST HON Former finalist Aryna Sabalenka defeated Australian qualifier Priscilla Hon 6-3 6-3. The second-seeded Belarusian will face Italian Lucia Bronzetti in the second round. 0357 DJOKOVIC GOES IMMEDIATELY INTO […]

Who is Emma Cannon? Machine Gun Kelly’s ex isn’t on Instagram or TikTok, but she was the rapper’s childhood sweetheart and baby mama and reportedly inspired him to write “Her Song”


Who is Emma Cannon? Machine Gun Kelly’s ex isn’t on Instagram or TikTok, but she was the rapper’s childhood sweetheart and baby mama and reportedly inspired him to write “Her Song”

Rapper Machine Gun Kelly – or MGK; real name Colson Baker – recently celebrated one year of sobriety and spoke about this milestone in an episode of Game worth millions of dollars Podcast. While discussing the last year, he told the podcast that his journey to sobriety began with a conversation with his daughter Casie […]

Pokemon is honestly still a good series; people are just getting old


Pokemon is honestly still a good series; people are just getting old

Every time a new Pokemon game comes out, the fanbase seems to split into two parts: those who like it and those who say that GameFreak has hit another low point. When Pokémon Scarlet first came out, my opinion was close to the second camp due to the numerous bugs and lack of interesting new […]

Pokemon is honestly still a good series; people are just getting old


Pokemon is honestly still a good series; people are just getting old

Every time a new Pokemon game comes out, the fanbase seems to split into two parts: those who like it and those who say that GameFreak has hit another low point. When Pokémon Scarlet first came out, my opinion was close to the second camp due to the numerous bugs and lack of interesting new […]

AIA’s first-half profits rise 53% on mainland Chinese spending spree in Hong Kong


AIA’s first-half profits rise 53% on mainland Chinese spending spree in Hong Kong

AIA Group, Asia’s largest insurer, reported its best half-year profit in five years as mainland Chinese customers continued to buy policies in Hong Kong with the prospect of better investment returns and as a hedge against a weakening yuan. Net profit rose 53 percent to $3.31 billion, or 29.53 cents per share, in the six […]