Jiangsu increases efforts for flood control

Lou Qinjian, secretary of the CPC Jiangsu Committee, presided a meeting of its Standing Committee over the study and implementation of an instruction by Xi Jinping, general secretary of the CPC China Central Committee, on […]

Google to Invest $4.48 Bln in India’s Jio Platforms

By Ben Otto Google will invest 337.37 billion rupees ($4.48 billion) in Jio Platforms Ltd., becoming the latest foreign company to take a stake in the Indian telecommunications and technology giant. Mukesh Ambani, chairman of […]

Gabon to Cut Crude Oil Production in 2020

The government of Gabon said Tuesday that it plans to slash the country’s crude oil output in 2020 by 23%. The production cut means the oil-dependent nation will produce 154,000 barrels of crude oil a […]

Japanese car sales rise in China

Toyota Motor Corporation announced on the 4th that the sales of new vehicles in the Chinese market in May increased by 20.1% year-on-year to more than 166,300 vehicles. It has shown that it has recovered […]

KeyCorp Sees Smaller 1Q Profit

KeyCorp reported a smaller profit in the first quarter as both its earnings and revenue came in below Wall Street’s expectations. Cleveland-based KeyCorp, the holding company for KeyBank, reported a $119 million profit in the […]

BNY Mellon 1Q Profit Rises on Higher Fee Revenue

Bank of New York Mellon Corp. said its profit for the first quarter rose as market volatility amid the coronavirus pandemic boosted its fee revenue. The custody bank Thursday posted net income of $944 million, […]

Apple’s new iPhone SE released on Wednesday

Apple Inc. finally got around to updating the iPhone SE. And not a moment too soon. The new iPhone SE was announced Wednesday — just a little over four years since the company unveiled the […]