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Huawei first-quarter revenue grows 39 percent to $27 billion amid heightened U.S. pressure

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HONG KONG (Reuters) – Huawei Technologies said on Monday its first-quarter revenue jumped 39 percent to 179.7 billion yuan ($26.81 billion), in the Chinese technology firm’s first-ever quarterly results. FILE PHOTO: A man walks past a sign board of Huawei at CES (Consumer Electronics Show) Asia 2018 in Shanghai, China June 14, 2018. REUTERS/Aly Song Read More

GasLog Ltd. Announces Date for First-Quarter 2019 Results, Conference Call and Webcast

4 days ago DieselGasoil Comments Off on GasLog Ltd. Announces Date for First-Quarter 2019 Results, Conference Call and Webcast
Monaco, April 18, 2019 (GLOBE NEWSWIRE) — GasLog Ltd. (“GasLog”) (NYSE: GLOG) today announced that it will release its financial results for the quarter ended March 31, 2019 before the market opens on Friday, May 3, 2019. GasLog will host a conference call to discuss its results for the first quarter of 2019 at 8:30 Read More

Grounded Jet Airways’ shares sink, rivals race to grab airport slots

4 days ago DieselGasoil Comments Off on Grounded Jet Airways’ shares sink, rivals race to grab airport slots
MUMBAI/BENGALURU (Reuters) – Jet Airways shares plunged on Thursday, battered by worries about whether the grounded Indian airline would fly again, while carriers such as SpiceJet rushed in to plug a supply gap in the wake of their rival’s demise. Once India’s largest private airline, Jet halted all flight operations indefinitely on Wednesday evening after Read More

Explainer: How 5G drove moves by Apple, Qualcomm and Intel

5 days ago DieselGasoil Comments Off on Explainer: How 5G drove moves by Apple, Qualcomm and Intel
SAN FRANCISCO (Reuters) – Apple Inc and Qualcomm Inc on Tuesday settled an acrimonious two-year legal dispute. Shortly afterward, Intel Corp said it will exit the smartphone modem chip business. FILE PHOTO: Silhouette of mobile user is seen next to a screen projection of Apple logo in this picture illustration taken March 28, 2018. REUTERS/Dado Read More

FCC set to block China Mobile bid to provide U.S. services

5 days ago DieselGasoil Comments Off on FCC set to block China Mobile bid to provide U.S. services
(Reuters) – Federal Communications Commission chairman Ajit Pai said on Wednesday he opposes China Mobile Ltd’s bid to provide U.S. telecommunications services, citing security risks, and said the commission will vote on whether to deny the company’s application in May. FILE PHOTO: Chairman of the Federal Communications Commission Ajit Pai speaks at the Conservative Political Read More

Etihad Group CFO departs as carrier pursues turnaround plan

6 days ago DieselGasoil Comments Off on Etihad Group CFO departs as carrier pursues turnaround plan
(This April 16 story refiles to fix typo in paragraph 7) FILE PHOTO: Etihad Airways Airbus A320-200 is seen at the National Airport Minsk, Belarus April 19, 2018. REUTERS/Vasily Fedosenko By Alexander Cornwell and Hadeel Al Sayegh DUBAI (Reuters) – Etihad Airways Group Chief Financial Officer Mark Powers has stepped down after roughly a year Read More

U.S. Justice Department tells T-Mobile, Sprint it has concerns about merger deal: sources

6 days ago DieselGasoil Comments Off on U.S. Justice Department tells T-Mobile, Sprint it has concerns about merger deal: sources
(Reuters) – The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp it has concerns about their proposed $26 billion merger in its current structure, sources familiar with the matter said on Tuesday, although no final decision has been made. FILE PHOTO: A sign for a T-Mobile store is seen in Manhattan, New Read More