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China's Huawei sees slower revenue growth for 2016
HONG KONG China's Huawei Technologies Co Ltd [HWT.UL], one of the world's largest telecom equipment makers, said on Friday it expects 2016 revenue growth to slow slightly to 32 percent and forecast greater uncertainties next year. The Shenzhen-based company, which competes with Sweden's Ericsson (ERICb.ST) for the top spot in
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Mashreq Bank’s Q1 2025 Net Profit Declines Amid Rate Cuts
Mashreq Bank reported a 12% year-on-year decline in net profit for the first quarter of 2025, attributing the decrease to a contraction in net interest income following recent rate cuts by the UAE Central Bank. The Dubai-listed lender's net profit after
More company climate votes ahead, as Trump may loosen energy rules
BOSTON Activist shareholders plan a record number of resolutions focused on climate change at U.S. company annual meetings in 2017, even as President-elect Donald Trump looks set to loosen environmental regulations.Based on filings so far, U.S. companies are on track
GE proposes investing in Nigeria's ailing oil refineries
LAGOS General Electric Co (GE.N) has proposed investing in Nigeria's oil refineries, potentially convening a consortium of companies to improve capacity at the run-down facilities.GE's plan and similar promises from companies like Italy's Eni (ENI.MI) to work with Nigeria to