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China state-owned firms' profit falls 2.1% y/y in January-JulyBEIJING : Profit at China's state-owned firms fell 2.1 per cent to 2.68 trillion yuan ($387.54 billion) in the first seven months of the year versus the same period last year, the Ministry of Finance said.That matched a 2.1 per cent decline in profit in the first six months of the year.($1=6.9154
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Sinopec's interim profit soars on stronger oil, gas pricesChina Petroleum and Chemical Corp, or Sinopec Corp, reported interim net income surged 10.4 per cent to a record 43.53 billion yuan ($6.33 billion), thanks to strong oil and gas prices despite weakened domestic fuel sales. Sinopec, the world's largest refiner by capacity, reported revenues of 1.61 trillio
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hundreds of sports shoes donated to migrant workers for sports eventWhen a call was put up on Facebook on Aug 17, hundreds of people responded and donated used and new sports shoes to a non-profit organisation for migrant workers. In five days, hundreds of shoes were dropped off at 12 collection points - the homes of ItsRainingRaincoats...
Source: thenewpaper - 🏆 7. / 63 Read more »
Plenty of roadblocks for carmakers seeking electric vehicles' successNEW YORK (AFP) - The world's top automakers - motivated either by governmental regulations or pure profit - have made a sharp turn away from fossil fuel vehicles. But there are plenty of obstacles on the road to a future full of eco-friendly cars. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Plenty of roadblocks for automakers seeking EV successNEW YORK: The world's top automakers - motivated either by governmental regulations or pure profit - have made a sharp turn away from fossil fuel vehicles. But there are plenty of obstacles on the road to a future full of eco-friendly cars. Will there be enough lithium and other vital raw materials to make
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »