company

JINAN - A plant of Taiwan's Foxconn Technology Group in east China's coastal city of Yantai Friday said it has agreed to pay housing fund for its 80,000 workers.It said in a statement that it was working on the details.The Economic Information Daily, a newspaper run by Xinhua, ...
Citic Resources Holdings Ltd, the mainland energy supplier with assets in Kazakhstan, fell in Hong Kong trading after Moody's Investors Service downgraded its ratings outlook, citing reduced earnings potential. The shares dropped 0.7 percent to HK$1.44 (18 cents) at 10:06 am ...
Before the end of June, China's Ministry of Environmental Protection intends to issue a manual requiring listed firms to provide more information about their environmental performance, the 21st Century Business Herald reported today. The manual is expected to outline disclosure ...
BEIJING - African Minerals Ltd is in talks with several Chinese companies to raise $5 billion in funding to explore the Tonkolli iron ore project in the West African nation of Sierra Leone, a top company official said on Thursday. The London-listed explorer plans to ship the ...
SHENYANG - Representatives of US fast food chain KFC began to talk with Chinese trade union officials Thursday in Liaoning province, two months after the union demanded an increase in salaries. Shao Guihua, chief manager of Yum! Brands Inc China Division's branch in Shenyang, ...
China Vanke Co, the nation's leading developer, said it will not set a united pricing strategy or make any guidelines for price cuts in response to the market rumors that the developer is preparing for a nationwide reduction in June, China Business News reported. Caing.com said ...
The Hong Kong unit of Sinochem Corp, China's biggest chemicals trader, will pay 113 basis points more than the London interbank offered rate for a $700 million loan, according to a person with direct knowledge of the transaction. Australia & New Zealand Banking Group Ltd, Bank of ...
Hainan Airlines (HNA) was ordered by Chaoyang district court to pay a passenger 840 yuan in compensation for failing to inform him of the reason for a canceled flight. One year ago, Li Weimin, a Beijing lawyer, booked a flight from Beijing Capital International Airport to ...
Chinese steel mill Anshan Iron and Steel Group Corp (Ansteel) has denied a media report that the company intended to merge the Baotou Iron and Steel Group (Baogang Group) of Inner Mongolia. Angang Steel Co Ltd, the listed unit of Ansteel, said in a statement that Ansteel's senior ...
Tangshan Iron & Steel Group, part of China's biggest steelmaker, and Baotou Iron & Steel Group may shut plants for maintenance this month, cutting production as prices fall, an analyst said. Tangshan Steel, the main unit of Hebei Iron & Steel Group, may reduce hot-rolled coil ...
SHENYANG: US fast food chain KFC has failed to respond to a Chinese trade union's demand for increasing its employees' salaries, the union's chief said here Wednesday. A lawyer representing the tertiary workers' union in Shenyang, capital of northeast China's Liaoning province, ...
BEIJING: China Railway Construction Corp (CRCC) and Tongling Nonferrous Metals Group Holdings have completed a $679 million acquisition of Canadian Corriente Resources Inc in China's second-largest overseas copper mine takeover. CRCC-Tongguan Investment (Canada) Co, a 50-50 joint ...
Beijing - XCMG Construction Machinery Co Ltd, China's largest construction machinery maker, confirmed on Tuesday that China North Industries Group Corp will take over the company, according to an XCMG official. The company spokesman said the agreement was signed between China ...
HONG KONG: US-based State Street Corporation, one of the world's leading providers of financial services to institutional investors, said on Wednesday that it was appointed as global custodian and trading service provider to the Guotai Nasdaq-100 Index Fund, which is managed by ...
SHENYANG: Representatives of US fast-food chain KFC in northeast China's Shenyang city Thursday signed the company's first collective labor contract on the Chinese mainland, agreeing to raise workers' wages and meeting the demands of a local trade union. According to the ...
BEIJING - Intertek, a provider of testing and inspection services, will soon offer training to help Chinese enterprises better understand the challenges and opportunities concerning reducing greenhouse gas emissions. "Our training program will help educate Chinese companies on ...
BEIJING - China Minmetals Group, the nation's largest metals trader, is planning more overseas mergers and acquisitions (M&A) in ferrous metals this year to bolster its raw material supplies. The company is looking for overseas mining assets in iron ore, chromium, manganese and ...
BRUSSELS: Two Chinese dairy producers, Mengniu and Yili, entered the world's top 20 dairy ranking last year, according to an annual report released on Wednesday. Mengniu, with a turnover of $3.77 billion in 2009, ranked the 16th in the top-20 list, Dutch financial group Rabobank ...
SINGAPORE - ZTE Corporation (ZTE), a China- based leading global provider of telecommunications equipment and network solutions, announced here on Wednesday that it has made progress in collaborating with Telekom Malaysia to participate as one of the major suppliers to construct ...
BEIJING - Foxconn Technology Group, the world's largest contract electronics maker, will not change its business plans for the mainland in the wake of a string of employee suicides, according to a company statement. Taiwan's Honhai Group, the parent company of Foxconn, said the ...
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China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
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