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Industry & Trade
China’s Zeekr set to raise $367.5m in New York IPO
Chinese electric vehicle (EV) maker Zeekr is accelerating its New York initial public offering (IPO) timeline,…
Germany’s March ’24 trade surplus hits € 22.3b
Germany’s foreign trade balance showed a surplus of 22.3 billion euros in March 2024, with exports valued at 134.1…
Aramco’s net income falls 14.4% in Q1 ’24 – report
Saudi Arabia's Aramco reported on Tuesday a 14.4 per cent decline in net income for the first quarter of 2024, due…
UK house prices rise by 0.1% in April ’24 – Halifax
UK house prices saw a slight increase of 0.1 per cent in April 2024, marking a 1.1 per cent year-on-year rise,…
India’s Adani profit up by 76% in Q4 ’23
Adani Ports and Special Economic Zone (APSEZ), India's largest private port operator, reported a stellar fourth…
Maersk boosts projected annual profits amid robust quarterly performance
Maersk, the shipping giant, has boosted its projected annual profits following a robust quarterly performance that…
India’s Orient Cement profit edges up 1.2% in March
India’s Orient Cement reported a slight increase in net profit for the fourth quarter ending March, driven by…
Apple faces pressure as iPhone sales slide
Apple is set to report its quarterly earnings on Thursday as it battles sagging iPhone sales, a resurgent China…
S. Korea’s exports surge 13.8% in April
South Korea's exports surged for the seventh straight month in April, driven by high demand for semiconductors and…
Shell makes exit from China’s power market businesses – CEO
Shell has exited China's power markets as CEO Wael Sawan steers towards more profitable ventures, notably its…