China April industrial profits +14.0 pct y/y - stats bureau
BEIJING, May 27 Profits earned by China’s industrial firms in April rose 14.0 percent from a year earlier, the statistics bureau said on Saturday, slowing from the pace in March.
April 29 U.S chemical maker Huntsman Corp reported a first-quarter profit, compared with a year-ago loss, helped by higher sales for chemicals used in foam insulation, agriculture, energy and additives.
The company reported net income of $54 million, or 22 cents per share, in the quarter ended March 31, compared with a loss of $24 million, or 10 cents per share, a year earlier.
Revenue rose about 2 percent to $2.75 billion. (Reporting By Tanvi Mehta and Shubhankar Chakravorty in Bangalore; Editing by Sriraj Kalluvila)
May 26 Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc's restaurants over a span of three weeks, the company said on Friday, adding to woes at the chain whose sales had just started recovering from a string of food safety lapses in 2015.
* Receives final order approving proposed plan of arrangement with WI-LAN