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World 03 Feb 2021 | 6:26 AM

Amazon announces financial results, CEO transition

SAN FRANCISCO, Feb. 2 (Xinhua) -- Amazon.com, Inc. on Tuesday announced its financial results for the fourth quarter ended Dec. 31, 2020, with net sales of 125.6 billion U.S. dollars, up 44 percent year over year.

World 02 Feb 2021 | 12:29 AM

Siemens Healthineers quarterly revenues rise 13.3 pct

BERLIN, Feb. 1 (Xinhua) -- Revenues of German health technology company Siemens Healthineers increased by 13.3 percent to 3.87 billion euros (4.7 billion U.S. dollars) in the first quarter (Q1) of its fiscal year 2021, the company said on Monday.

World 16 Jan 2021 | 3:51 AM

U.S. Wells Fargo announces net income of 3 bln USD in Q4

SAN FRANCISCO, Jan. 15 (Xinhua) -- Multinational financial services company Wells Fargo & Company on Friday reported a net income of 2.99 billion U.S. dollars for the fourth quarter of 2020, compared with 2.87 billion dollars for the same period of the previous year.

World 15 Dec 2020 | 3:13 PM

S. Korea's corporate net profit drops 37.1 pct in 2019

SEOUL, Dec. 15 (Xinhua) -- South Korea's corporate net profit dropped in double digits last year, marking the fastest fall since the 2008 global financial crisis, statistical office data showed Tuesday.

World 13 Nov 2020 | 2:29 AM

German tech giant Siemens records profit in FY 2020 despite COVID-19 crisis

BERLIN, Nov. 12 (Xinhua) -- Although profits fell by 26 percent year-on-year, Siemens recorded a net income after tax of 4.2 billion euros (4.96 billion U.S. dollars) for the company's full fiscal year 2020 which ended on Sept. 30, the German technology giant announced on Thursday.

World 11 Nov 2020 | 12:57 AM

German sportswear manufacturer Adidas records profit again in Q3

BERLIN, Nov. 10 (Xinhua) -- Following losses in the second quarter, operating profit of Adidas improved by more than 1.1 billion euros and reached 794 million euros (937 million U.S. dollars) in the third quarter, the German sportswear manufacturer announced on Tuesday.

World 03 Nov 2020 | 2:05 AM

German medical technology company Siemens Healthineers posts lower income in Q4

BERLIN, Nov. 2 (Xinhua) -- Net income of Siemens Healthineers in the fourth quarter (Q4) of the company's fiscal year dropped by 15 percent year-on-year to 432 million euros (503 million U.S. dollars), the German medical technology company announced on Monday.