Company Overview and News
BEIJING—China has taken the surprising step of permitting 30-day visa-free visits to Hainan, a tropical island province in the South China Sea and home of Hainan Airlines. The policy is also likely to benefit China Southern Airlines, which has a branch company on the island. The Chinese government said it will not require people from 59 countries to get visas before visiting Hainan “to support the opening up of Hainan and to take a step in promoting international .
MTU Maintenance Zhuhai, responding to surging demand for narrowbody engine maintenance, is making room for more overhaul work that will add some shop capacity near-term and increase it by 50% by 2021. The shop, opened in 2001 as a joint venture between MTU Aero Engines and China Southern Airlines, focuses on International Aero Engines V2500-A5s and CFM CFM56-3s through -7s. An expansion in 2012 took annual shop-visit capacity from 200 to 300; the facility inducted 280 engines in 2017.
SINGAPORE/SHANGHAI (Reuters) - China on Wednesday announced plans to place a 25 percent tariff on certain U.S. aircraft, in a move expected to affect some older Boeing Co (BA.N) narrowbody models, according to documents from China’s Ministry of Commerce and the U.S. manufacturer.
HONG KONG (Reuters) - China Southern Airlines Co Ltd’s chairman on Tuesday said the carrier “strongly opposes” what he called the United States’ protectionist stance on trade with China, and hopes U.S. firms relay to Washington that protectionism will be detrimental to both sides.
Charleston (United States) (AFP) - The sparkling new Boeing 787s bound for China Southern Airlines and Air China are waiting to be delivered, but the prospect of a trade war could make for a less rosy future.
SHANGHAI, China, March 26, 2018 (GLOBE NEWSWIRE) -- As the largest online travel agent in Asia and the second largest in the world, Ctrip jointly organized a “Responsible Travel” Summit with Tourism Toronto and China Southern Airlines to advocate for a greener and more responsible way to travel. 2018 is China-Canada Tourism Year with social responsibility being the main theme.
China’s three largest airlines are likely to report their strongest annual profits in years this week, as soaring travel demand and foreign exchange gains more than make up for a drop in income per passenger and the rising cost of fuel.
Earlier in the month, Boeing (BA) shares dropped and various news sources connected that to the fear of a trade war happening between the US and the rest of the world and primarily between the US and China. AeroAnalysis believes that primary reason for share prices moving lower were low February deliveries and reported supply chain challenges. If the concern of a trade war with China would be the real reason for the drop, it would have been likely that Boeing would have seen continued pressure on its share prices.
China blamed U.S. export restrictions for its record trade surplus with the United States, but expressed hope that a solution can be found to settle trade issues between the world's two biggest economies as U.S. tariffs loom.
China accused the United States of "repeatedly abusing" trade practices, as Beijing braced on Thursday for an imminent announcement from U.S. President Donald Trump slapping more tariffs on Chinese imports.
Beijing was bracing for an announcement from Trump on tariffs. — Reuters picBEIJING, March 22 — China blamed US export restrictions for its record trade surplus with the United States, but expressed hope that a solution can be found to settle trade issues between the world’s two biggest economies as US tariffs loom.
SHANGHAI (Reuters) - China accused the United States of “repeatedly abusing” international trade rules, as Beijing braced on Thursday for an imminent announcement from U.S. President Donald Trump slapping more tariffs on Chinese imports.
(Reuters) - China Southern Airlines Co Ltd (600029.SS) said on Wednesday it had placed an order for 30 Boeing Co (BA.N) 737 MAX narrowbodies for its Xiamen Airlines subsidiary in a deal the plane maker said was worth more than $3.6 billion at list prices.
HONG KONG: Hong Kong flag carrier Cathay Pacific on Wednesday (Mar 14) announced a HK$1.26 billion (US$161 million) net loss for 2017, marking the first back-to-back annual loss in its 71-year history.
2018-04-18 - Asif
History and Development of the Company The company's legal and commercial name is RedHill Biopharma Ltd. The company's company was incorporated on August 3, 2009, and was registered as a private company limited by shares under the laws of the State of Israel. The company's principal executive offices are located at 21 Ha’arba’a Street, Tel Aviv, Israel. In February 2011, the company completed its initial public offering in Israel, pursuant to which the company issued 14,302,300 Ordinary Shares, and 7,151,150 tradable Series 1 Warrants to purchase 7,151,150 Ordinary Shares for aggregate gross proceeds of approximately $14 million. On December 27, 2012, the company completed the listing of its ADSs on the NASDAQ Capital Market. The company's Ordinary Shares are traded on the Tel-Aviv Stock Exchange under the symbol “RDHL,” and its ADSs are traded on the NASDAQ Capital Market under the same symbol "RDHL". The company's capital expenditures for the years ended December 31, 2...
2018-04-16 - Asif
Overview SCYNEXIS, Inc. is a biotechnology company committed to positively impacting the lives of patients suffering from difficult-to-treat and often life-threatening infections by delivering innovative anti-infective therapies. SCYNEXIS is developing its lead product candidate, SCY-078, as the first representative of a novel oral and intravenous (IV) triterpenoid antifungal family in clinical development for the treatment of several serious fungal infections, including invasive candidiasis, invasive aspergillosis, refractory invasive fungal infections and vulvovaginal candidiasis (VVC). SCY-078 is a structurally distinct glucan synthase inhibitor that has been shown to be effective in vitro and in vivo against a broad range of human fungi pathogens such as Candida and Aspergillus species, including multidrug-resistant strains, as well as Pneumocystis species. Candida and Aspergillus species are the fungi responsible for approximately 85% of all invasive fungal infections in t...
2018-04-16 - Asif
Business History Enertopia Corp. was formed on November 24, 2004 under the laws of the State of Nevada and commenced operations on November 24, 2004. From inception until April 2010, the company were primarily engaged in the acquisition and exploration of natural resource properties. Beginning in April 2010, the company began its entry into the renewable energy sector by purchasing an interest in a solar thermal design and installation company. In late summer 2013, the company began its entry into medicinal marijuana business. During its 2014 fiscal year end its activities in the clean energy sector were discontinued. During fiscal 2015 its activities in the Medicinal Marijuana sector were discontinued. During fiscal 2016 its activities in the Women’s personal healthcare sector were discontinued. The Company is actively pursuing business opportunities in the resource sector, whereby the company signed a definitive agreement for a Lithium Brine Project in May 2016. In May ...
2018-04-15 - Asif
Overview The company's mission is to give people the power to build community and bring the world closer together. The company's top priority is to build useful and engaging products that enable people to connect and share with friends and family through mobile devices, personal computers, and other surfaces. The company also help people discover and learn about what is going on in the world around them, enable people to share their opinions, ideas, photos and videos, and other activities with audiences ranging from their closest friends to the public at large, and stay connected everywhere by accessing its products, including: Facebook enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers. There are a number of different ways to engage with people on Facebook, the most important of which is News Feed which displays an algorithmically-ranked series of stories and advertisements individualized for each pers...
2018-04-12 - Asif
Business Overview Verastem is a biopharmaceutical company focused on developing and commercializing drugs to improve the survival and quality of life of cancer patients. The company's most advanced product candidates, duvelisib and defactinib, utilize a multi-faceted approach to treat cancers originating either in the blood or major organ systems. Verastem is currently evaluating these compounds in both preclinical and clinical studies as potential therapies for certain cancers, including leukemia, lymphoma, lung cancer, ovarian cancer, mesothelioma, and pancreatic cancer. The company believe that these compounds may be beneficial as therapeutics either as single agents or when used in combination with immuno-oncology agents or other current and emerging standard of care treatments in aggressive cancers that are poorly served by currently available therapies. Duvelisib targets the Phosphoinositide 3-kinase (PI3K) signaling pathway. The PI3K signaling pathway plays a centr...