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 […]
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 […]
Credit: Reuters Antfin Singapore, an Alibaba Group company, sold shares of India’s Zomato worth 47.72 billion rupees ($570 million) on Tuesday, reducing its stake in the food and grocery delivery platform by almost half to 2.2 percent, stock market data showed. Antfin, which held a 4.3% stake in Zomato on June 30, sold the shares […]
