Consumer Goods

  • LeEco's new Le Pro3 phone is on display during a press event in San Francisco

    Chinese tech conglomerate LeEco has successfully raised nearly $2.2 billion from new investors including Tianjin Jiarui Huixin Corporate Management Company and property developer Sunac China Holdings <1918.HK>, stock market filings on Thursday showed. LeEco founder Jia Yueting said in November that the company, which is …

  • FILE PHOTO: An employee is pictured inside a clean room of German semiconductor manufacturer Infineon in Regensburg

    By Kit Rees LONDON (Reuters) - It's not banking or mining shares, but rather technology stocks, that have come up trumps in Europe this year and are poised to end the first quarter as the best-performing sector. European tech companies often pale in comparison to the glamor of peers across the pond such as Facebook, Snap …

  • March 30 (Reuters) - Digital Domain Holdings Ltd : * FY revenue HK$ 763.5 million versus HK$ 527.3 million * Board does not recommend payment of a final dividend foryear ended 31 December 2016 * Fy loss attributable to owners of company HK$479.4 millionversus loss of HK$156.3 millionSource text : (http://bit.ly/2olpCZK)Further …

  • March 30 (Reuters) - Xiezhong International Holdings Ltd * Unit entered into termination MoU with transferors * Termination MoU would not have any material and adverseimpact on operation and financial status of groupSource text: (http://bit.ly/2njXbJJ)Further company coverage:

  • March 30 (Reuters) - Kin Yat Holdings Ltd * Group is expected to record a net profit in its annualresults for year ending 31 March 2017 * Significant improvement in annual results due to stablegrowth of our manufacturing businessSource text: (http://bit.ly/2njLQcE)Further company coverage:

  • March 30 (Reuters) - Guangzhou Automobile Group Co Ltd * Says 2016 net profit up 48.6 percent y/y Source text in Chinese: http://bit.ly/2njVpbE Further company coverage:(Reporting by Hong Kong newsroom)

  • March 30 (Reuters) - Zhejiang Xiantong Rubber & Plastic * Says it plans to invest 206.9 million yuan ($30.04million) in tyre seal project Source text in Chinese: http://bit.ly/2nng3s1 Further company coverage:($1 = 6.8880 Chinese yuan renminbi)(Reporting by Hong Kong newsroom)

  • March 30 (Reuters) - Alibaba Pictures Group Ltd : * FY revenue RMB904.6 million versus RMB 263.7 million * Board has resolved not to recommend payment of a dividendfor year ended December 31, 2016 * FY loss attributable to owners of the company RMB958.6million versus profit of RMB 466 millionSource text : (http://bit.ly/2mSPT4j)Further …

  • March 30 (Reuters) - China Healthwise Holdings Ltd: * Fang fang has tendered her resignation as an executivedirector * Leung lun, m.h. Has tendered his resignation as anexecutive director * Lee chan wah has appointed as an executive director * Lo ming wan has appointed as an executive director Source text (http://bit.ly/2okQEAp) …

  • Justin Denison, Samsung senior vice president of Product Strategy, introduces the Galaxy S8 and S8+ smartphones during the Samsung Unpacked event in New York City

    By Se Young Lee and Anjali Athavaley SEOUL/NEW YORK - (Reuters) - Samsung Electronics Co Ltd unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc after the embarrassing withdrawal of the fire-prone Note 7s. Boasting some of the largest wrap-around screens ever made, …

  • FILE PHOTO: People walk past the windows of an H&M store in Barcelona

    By Anna Ringstrom STOCKHOLM (Reuters) - Cost controls helped H&M to limit a drop in quarterly pretax profit but the fashion chain said it was increasing investments this year as it tries to keep pace with its larger rival, Zara owner Inditex . H&M, the world's second-biggest fashion company, said conditions remained …

  • A Samsung Galaxy S8+ smartphone is pictured at the introduction of the Galaxy S8 and S8+ smartphones during the Samsung Unpacked event in New York City

    By Se Young Lee and Anjali Athavaley SEOUL/NEW YORK - (Reuters) - Samsung Electronics Co Ltd <005930.KS> unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc after the embarrassing withdrawal of the fire-prone Note 7s. Boasting some of the largest wrap-around screens …

  • March 30 (Reuters) - Suning Commerce Group Co Ltd * Says 2016 net profit down 19.3 percent y/y * Says it and unit expect to pay up to 300 million yuan($43.55 million) to Alibaba Group Holding Ltd for platformservice fees in 2017 Source text in Chinese: http://bit.ly/2oC9uSO;http://bit.ly/2okX6av Further company coverage:($1 …

  • (Refiles to fix headline) March 30 (Reuters) - Kee Ever Bright Decorative TechnologyCo Ltd * Says it revises acquisition plan, to raise up to 983.4million yuan ($142.77 million) in share private placement tofund acquisition, projects Source text in Chinese: http://bit.ly/2mSumsN Further company coverage:($1 = 6.8880 Chinese …

  • March 30 (Reuters) - Midea Group Co Ltd * Says 2016 net profit up 15.6 percent y/y Source text in Chinese: http://bit.ly/2nz88cg Further company coverage:(Reporting by Hong Kong newsroom)

  • Singer Katy Perry poses at Elton John's 70th Birthday and 50-Year Songwriting Partnership with Bernie Taupin benefiting the Elton John AIDS Foundation and the UCLA Hammer Museum at RED Studios Hollywood in Los Angeles

    American pop singer Katy Perry will join the likes of Ed Sheeran, Radiohead and the Foo Fighters to perform at this year's Glastonbury festival, a huge green-field music event held in the countryside in southwest England. This year's performers include the likes of British grime artist Stormzy, hip hop star Dizzee Rascal, …

  • March 30 (Reuters) - Bosideng International Holdings Ltd- * Subscriber (an indirect wholly-owned subsidiary ofcompany) and master fund entered into a framework agreement * Subscriber has agreed to subscribe for participatingshares corresponding to investment fund for an amount up tousd100 million * Master Fund Is Cithara …

  • March 30 (Reuters) - Nanjing Xinjiekou Department Store CoLtd * Says 2016 net profit up 9.1 percent y/y at 399.9 millionyuan ($58.06 million) Source text in Chinese: http://bit.ly/2nOVM1I Further company coverage:($1 = 6.8880 Chinese yuan renminbi)(Reporting by Hong Kong newsroom)

  • March 30 (Reuters) - Jiangsu Guotai International GroupGuomao Co Ltd * Says it expects q1 net profit to rise 42.6-61.2 percenty/y to 125.0-141.3 million yuan ($18.15-$20.51 million) Source text in Chinese: http://bit.ly/2nOVuYC Further company coverage:($1 = 6.8880 Chinese yuan renminbi)(Reporting by Hong Kong newsroom …

  • March 30 (Reuters) - Wanda Cinema Line Co Ltd * Says 2016 net profit up 15.2 percent y/y * Says it targets to open 80 cinemas in 2017 with investmentof about 2.0 billion yuan ($290.36 million) Source text in Chinese: http://bit.ly/2oBNmYX;http://bit.ly/2nyK89d Further company coverage:($1 = 6.8880 Chinese yuan renminbi)(Reporting …

  • March 30 (Reuters) - Chinlink International Holdings Ltd * Chinlink Finance has on 30 march 2017 entered into FGcontract with Dewantong * Pursuant to contract Chinlink Finance shall be responsiblefor providing corporate financing guarantee services toDewantong * Amount of obligation is RMB5 millionSource text: (http://bit.ly/2okNSLB)Further …

  • Warner Bros presented "Wonder Woman", "Blade Runner 2049" and other upcoming films at CinemaCon, a four-day movie convention held in Las Vegas. Oscar nominee Ryan Gosling, star of the anticipated sequel to 1982 cult film "Blade Runner", appeared at the event this week with a lineup of other stars.

  • March 30 (Reuters) - Chongqing New Century Cruise Co Ltd * Says it expects Q1 net profit to rise to 300.1-319.2million yuan ($43.57-$46.34 million) versus net profit of 148.4million yuan year ago Source text in Chinese: http://bit.ly/2nn6TvE Further company coverage:($1 = 6.8880 Chinese yuan renminbi)(Reporting by Hong …

  • March 30 (Reuters) - Jiangsu Hongtu High Technology Co Ltd * Says 2016 net profit up 6.0 percent y/y at 446.9 millionyuan ($64.88 million) Source text in Chinese: http://bit.ly/2nOUnZf Further company coverage:($1 = 6.8880 Chinese yuan renminbi)(Reporting by Hong Kong newsroom)

  • March 30 (Reuters) - Long Yuan Construction Group Co Ltd * Says it wins infrastructure project for 621.25 millionyuan ($90.19 million) in Hebei province Source text in Chinese: http://bit.ly/2obFGQv Further company coverage: ($1 = 6.8885 Chinese yuan renminbi)(Reporting by Hong Kong newsroom)

  • March 30 (Reuters) - Wynn Macau Ltd: * Recommended payment of a final dividend of HK$0.42 pershare * Fy profit attributable to owners HK$1.44 billion versusHK$2.41 billion * Fy operating revenue HK$22.10 billion versus HK$19.10billionSource text for Eikon:Further company coverage:

  • March 30 (Reuters) - Zhuzhou Kibing Group Co Ltd * Says 2016 net profit up 387.4 percent y/y at 835.1 millionyuan ($121.23 million) Source text in Chinese: http://bit.ly/2obEaOd Further company coverage:($1 = 6.8886 Chinese yuan renminbi)(Reporting by Hong Kong newsroom)

  • Musician Usher attends the premiere of "FENCES" in Manhattan, New York City, U.S.

    By Stephanie Nebehay MEZIERES, Switzerland (Reuters) - Usher, Lauryn Hill, Macy Gray and Erykah Badu are booked to perform at the Montreux Jazz Festival during its 51st edition, organisers said on Thursday. The eclectic lineup for the June 30-July 15 event includes Ibrahim Maalouf, Beth Ditto of indie rock band Gossip, …

  • March 30 (Reuters) - Alpha Group * Says 2016 net profit up 1.9 percent y/y at 498.4 millionyuan ($72.34 million) Source text in Chinese: http://bit.ly/2okxM4D Further company coverage:($1 = 6.8893 Chinese yuan renminbi)(Reporting by Hong Kong newsroom)

  • March 30 (Reuters) - Huasi Holding Co Ltd * Says it plans to invest 120 million yuan ($17.42 million)in e-commerce project Source text in Chinese: http://bit.ly/2nyF44q Further company coverage:($1 = 6.8893 Chinese yuan renminbi)(Reporting by Hong Kong newsroom)

  • March 30 (Reuters) - RM Group Holdings Ltd * Wong Mau Tai will retire from his position as an executivedirectorSource text (http://bit.ly/2oe04Rw)Further company coverage:

  • March 30 (Reuters) - Shanghai Yaohua Pilkington Glass GroupCo Ltd * Says it returns to net profit of 225.8 million yuan($32.77 million) in 2016 versus net loss of 364.3 million yuanyear ago Source text in Chinese: http://bit.ly/2oBvb5h Further company coverage:($1 = 6.8899 Chinese yuan renminbi)(Reporting by Hong Kong  …

  • March 30 (Reuters) - Tianjin Motor Dies Co Ltd * Says it scraps asset restructuring plan, shares to resumetrading on March 31 Source text in Chinese: http://bit.ly/2nja5aO;http://bit.ly/2nj5u8M Further company coverage:(Reporting by Hong Kong newsroom)

  • (Corrects to say China's largest carrier, not second largest,in second para) SHANGHAI, March 30 (Reuters) - China Southern Airlines CoLtd on Thursday reported a 29.9 percentrise in 2016 net profit, below analysts' expectations, as aweaker yuan put a dent on strong domestic demand for overseastravel. China's …

  • March 30 (Reuters) - SDIC Essence Holdings Co Ltd * Says 2016 net profit down 43.4 percent y/y Source text in Chinese: http://bit.ly/2nyDDTS Further company coverage:(Reporting by Hong Kong newsroom)

  • * Feb retail sales fall 5.7 pct y/y in value, down for 24th month * Feb jewellery sales rise 2.5 pct, vs revised 4.1 pct fall in Jan HONG KONG, March 30 (Reuters) - Hong Kong's retail sales fell for the 24th straight month in February, hurt by a lack of growth in tourist spending as a strong local dollar hit tourism and …

  • March 30 (Reuters) - Konka Group Co Ltd * Says it returns to net profit of 95.7 million yuan($13.89 million) in 2016 versus net loss of 1.3 billion yuanyear ago Source text in Chinese: http://bit.ly/2nOBGVe Further company coverage:($1 = 6.8895 Chinese yuan renminbi)(Reporting by Hong Kong newsroom)

  • March 30 (Reuters) - February retail sales data (percent change from a year earlier): 2017 2016 Feb Jan Dec Nov Oct Sep Aug Value -5.7 -1.0^ -2.9 -5.4^ -2.9 -4.0 -10.5 Volume -6.1 -1.4 -2.9^ -5.5^ -2.7 -3.8 -11.0 ^ Revised CONTEXT: -- In the three months through February, the volume of saleswas down by 3.9 percent, seasonally …

  • March 30 (Reuters) - Shenzhen New Nanshan Holding Group CoLtd * Says it expects Q1 to swing to net loss of 30-100 millionyuan ($4.35-14.51 million) versus net profit of 279.3 millionyuan year ago Source text in Chinese: http://bit.ly/2nOieIk Further company coverage:($1 = 6.8926 Chinese yuan renminbi)(Reporting by Hong …

  • March 30 (Reuters) - Central China Land Media Co Ltd * Says 2016 net profit down 4.3 percent y/y at 673.1 millionyuan ($97.66 million) Source text in Chinese: http://bit.ly/2nycEI1 Further company coverage:($1 = 6.8923 Chinese yuan renminbi)(Reporting by Hong Kong newsroom)

  • March 30 (Reuters) - Changhong Jiahua Holdings Ltd * Seeks trading halt pending results announcement containingfinal results of co and its units for year ended 31 Dec 2016Source text for Eikon:Further company coverage:

  • March 30 (Reuters) - Golden Eagle Retail Group Limited * Wang Janice S.Y. has been appointed as an executivedirectorSource text for Eikon:Further company coverage:

  • March 30 (Reuters) - Golden Eagle Retail Group Ltd * FY total gross sales proceeds ("gsp") remains stable andamounted to rmb16,399.3 million * FY revenue amounted to rmb4,694.3 million, increased by14.7% * Proposed final cash dividend of rmb0.0216 per share and aspecial cash dividend of rmb0.0772 per share * FY …

  • March 30 (Reuters) - Changhong Jiahua Holdings Ltd: * Trading in shares will be halted on march 30Source text for Eikon:Further company coverage:

  • Senate Intelligence Committee hearing on Russia at the U.S. Capitol in Washington

    By Patricia Zengerle WASHINGTON (Reuters) - The Republican chairman of the U.S. Senate Intelligence Committee on Wednesday promised a thorough investigation into any direct links between Russia and Republican Donald Trump during his successful 2016 run for the White House. Committee Chairman Richard Burr and Mark Warner, …

  • March 30 (Reuters) - Jingrui Holdings Ltd: * Revenue for year ended 31 december 2016 was RMB15,051.3million, representing an increase of 161.3pct * Board did not recommend any payment of final dividend foryear ended 31 december 2016 * FY net profit RMB 106.3 million versus loss RMB 352.7millionSource text for Eikon:Further …

  • Senate Intelligence Committee Chairman Sen. Richard Burr, accompanied by Senator Mark Warner, vice chairman of the committee, speaks at a news conference to discuss their probe of Russian interference in the 2016 election on Capitol Hill in Washington

    By Patricia Zengerle WASHINGTON (Reuters) - The Republican chairman of the U.S. Senate Intelligence Committee on Wednesday promised a thorough investigation into any direct links between Russia and Donald Trump during his successful 2016 run for the White House. Committee chairman Richard Burr and Mark Warner, its top …

  • Oscar winning ballots are carried along the red carpet by personnel from Price Waterhouse Coopers as they arrive for the  89th Academy Awards in Hollywood

    The accountancy firm behind the biggest blunder in Oscar history is staying in the picture. The Academy of Motion Picture Arts and Sciences said on Wednesday it has decided to retain the services of PricewaterhouseCoopers (PwC) despite a backstage envelope mix-up that led to the wrong film being announced the winner of …

  • By Jonathan Stempel NEW YORK (Reuters) - A U.S. judge dismissed a lawsuit claiming that the hit CBS comedy "The Big Bang Theory" borrowed lyrics without permission for "Soft Kitty," a song used on several episodes of the show. The lawsuit had been brought in December 2015 by the daughters of Edith Newlin, a New Hampshire …

  • A Minute With: Lisa Kudrow on 'Boss Baby,' … Reuters - Thu, Mar 30, 2017 3:08 AM SGT
    FILE PHOTO - Actress Lisa Kudrow poses backstage with her award for TV Performance of the Year for "The Comeback" at the People Magazine Awards in Beverly Hills

    By Piya Sinha-Roy LOS ANGELES (Reuters) - Lisa Kudrow, best known for playing the kooky Phoebe Buffay in hit sitcom "Friends," said she was delighted to reunite with Alec Baldwin, who played one of Phoebe's boyfriends, in new DreamWorks animated film "The Boss Baby." Kudrow plays a mother unaware that her suit-wearing …

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