Warren Buffett’s Berkshire Hathaway Inc. said gains in its stock investments fueled a big first-quarter profit, while improved results from its Geico auto insurer and BNSF railroad units boosted opera ...More
EJ Insight2019-05-06
... olar City unit issued has met the terms for conversion. The yield on Tesla’s existing US$1.8 billion junk bond fell to its lowest level in over a month at just over 8 percent on Thursday after the new ...More
EJ Insight2019-05-03
... abilities Unit because of chronic illnesses, and four of its healthcare staff have developed symptoms of fever and upper respiratory infection since April 20. Laboratory tests have revealed that four ...More
EJ Insight2019-05-02
... the high unit price and weak market demand prompted Apple to revise down its revenue guidance in late December, which triggered a massive selloff, bringing the stock price to US$148. That proved to b ...More
EJ Insight2019-05-02
Electric vehicle (EV) battery maker LG Chem has sued its South Korean peer SK Innovation in the United States for alleged theft of trade secrets, Reuters reports. LG Chem and its American unit have fi ...More
EJ Insight2019-04-30
... Its cloud unit was growing at a much slower pace of around 10 percent a year, compared with rivals' 50 to 100 percent growth clip. Its AI technology, known as Watson, is not based on the widely-used M ...More
EJ Insight2019-04-30
... nal Crime Unit of Kowloon West is investigating the case. According to reports, the restaurant was due to reopen on May 6 following a change in the ownership. – Contact us at [email protected] TL/JC/RC ...More
EJ Insight2019-04-26
... her opportunities, such as the cloud business, which has become its main growth engine. Revenue from the commercial cloud segment surged 41 percent to US$9.6 billion in the third quarter from the prev ...More
EJ Insight2019-04-26
... ar in the United States. Olsavsky said the “vast majority” of Amazon’s selection is available in two days, and the company has already expanded the number of goods eligible for same-day and two-hour d ...More
EJ Insight2019-04-26
... re, and a unit of the country’s largest retailer Central Group, people familiar with the matter said. First-time share sales from these companies and others could make it the largest haul for the coun ...More
EJ Insight2019-04-25
... h in that unit slowed to 73 percent in the third quarter ended March 31 from 76 percent in the second quarter. Mike Spencer, Microsoft’s head of investor relations, said the decline was roughly in lin ...More
EJ Insight2019-04-25
... that poll unit HKUPOP, of which Chung is the director, will be disbanded on June 30. Starting from July 1, HKUPOP would be spun off into an independent organization called the Hong Kong Public Opinion ...More
EJ Insight2019-04-24
Police have smashed a counterfeiting ring that specialized in making fake banknotes based on genuine bills issued by HSBC in 2010. In a raid on a unit of a commercial building in Aberdeen on Sunday mo ...More
EJ Insight2019-04-23
... es in the United States to US$15 per hour, up 36 percent from US$11 previously. The new rate will cover all of its 350,000 US employees, including full-time, part-time, temporary and seasonal workers. ...More
EJ Insight2019-04-23
... About 50 units of the US$1,980 foldable device had been sent for review to journalists, analysts and bloggers in the United States ahead of a planned April 26 launch, Moorhead said. It was not immedi ...More
EJ Insight2019-04-23
... computing unit that sells data storage and computing power to enterprises, will also remain. The withdrawal of the world’s largest online retailer comes amid a broader e-commerce slowdown in China. Ch ...More
EJ Insight2019-04-18
... ed to the unit’s screen either cracking or flickering, according to Twitter posts by technology journalists from Bloomberg, The Verge and CNBC who received the phone this week for review purposes. The ...More
EJ Insight2019-04-18
... for each unit of electricity produced, far more than its neighboring cities. In related news, CCIL chairman Lee Chi-ming criticized the environmental assessment for the government's Lantau reclamatio ...More
EJ Insight2019-04-17
... m various units -- including the tactical, emergency, counter-terrorism response, and railway response teams -- to search for the suspected gunman. But they found no trace of him. Meanwhile, a number ...More
EJ Insight2019-04-15
