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Portugal's REN first quarter profit rises 4% on lower taxes, charges

By Reuters Staff
2 Min Read
LISBON, May 14 (Reuters) - Portuguese power grids operator REN posted on Friday a 4% rise in net profit for the first three months of 2021 to 4.5 million euros ($5.45 million) on lower taxes and financial charges.
REN, whose main shareholder is China’s State Grid Corp, said its financial charges dropped 21% to 10.8 million euros from a year ago, while the income tax decreased 7.4% to 11.9 million euros and an extraordinary tax on the energy sector also fell by 3.8% to 28.1 million euros.
REN, which owns high-voltage electricity and high-pressure natural gas transmission grids in Portugal, said in a statement its total revenue increased 3.5% to 176.3 million euros. ....

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China abraza a América Latina en la pandemia (y EU se aleja), pero la crisis ha enfriado la relación

China abraza a América Latina en la pandemia (y EU se aleja), pero la crisis ha enfriado la relación
sinembargo.mx - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sinembargo.mx Daily Mail and Mail on Sunday newspapers.

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China restringe préstamos a países de América Latina debido a la crisis generada por el covid-19

China restringe préstamos a países de América Latina debido a la crisis generada por el covid-19
emol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from emol.com Daily Mail and Mail on Sunday newspapers.

United States , United Kingdom , China To , Departamento De Norte Santander , Donald Trump , Margaret Myers , Joe Biden , University Of Boston , China Harbour Engineering Company , Corporation International Financial , China State Grid Corp , Development Bank , Global Development Policy Center , Latin America , China Seems , Export Import Bank , South American , American Country , China Was , China Latin America , Accumulating Latin America , San Diego Sempra Energy , China Three Gorges Corp , Metro Bogota , Ecuador Americans , ஒன்றுபட்டது மாநிலங்களில் ,

Despite virus, domestic firms abroad vote for talent by hiring more

Despite virus, domestic firms abroad vote for talent by hiring more
By ZHENG XIN |
China Daily |
Updated: 2021-02-05 10:57
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A visitor scans the QR code to learn about recruitment needs of digital economy talents during the Light of Internet Expo of the 2020 World Internet Conference (WIC) in Wuzhen, East China s Zhejiang province, on Nov 22, 2020. [Photo/Xinhua]
Chinese enterprises demand for technical, management and language skills overseas has surged in the past three years, including during the COVID-19 pandemic period, said an industry report.
Chinese enterprises with overseas operations resorted to countercyclical hiring, with 88 percent meeting demand for talent, especially in fields like manufacturing, infrastructure construction, wholesale and retail, internet and financial services, according to a white paper on Chinese companies talent development strategies and busin ....

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The U.S. and China Are Battling for Influence in Latin America, and the Pandemic Has Raised the Stakes

The U.S. and China Are Battling for Influence in Latin America, and the Pandemic Has Raised the Stakes
Time
2/4/2021
Ciara Nugent/London
© Carlos Jasso Reuters
China’s President Xi Jinping and his wife Peng Liyuan with Panama’s then President Juan Carlos Varela and First Lady Lorena Castillo in December 2018
When Alex Almeida surveys his family farm in a rural corner of landlocked Paraguay, he sees mainly fields, punctuated by small houses with sheet-metal roofs and, in the distance, native lapacho trees blooming with bright yellow flowers. But despite the isolation, there’s only one place in the world the 23-year-old feels truly cut off from. Paraguayan exports of cows and sheep, like the 130 or so Almeida raises, are locked out of the second largest economy in the world, a source of frustration for an ambitious young farmer and student of agriculture. “The cell phone I’m speaking to you on now is from China,” he tells T ....

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