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Chinese, Brazilian Automakers to Establish JV

Anhui Jianghuai Automobile Group Co., China's biggest exporter of light trucks, said Saturday it has signed an agreement with Brazil's SNS Co. to build a joint venture in the South America's biggest country. The project's entire investment will reach 600 million U.S. dollars, ...

Samsung to Open 2nd Brand Store in Zimbabwe

Samsung Electronics is expected to open its second brand store in Zimbabwe on Monday as the South Korean giant makes inroads into the electronic consumer market that is set to grow even further. Although Samsung products have been available on the local market for years, the ...

Huawei Probe Politicizing Trade Issue

Chinese government officials and company leaders have accused the United States of politicizing trade issues to distract public attention from its own economic woes as the US presidential election draws near. The accusation came after the US House Intelligence Committee on ...

BP to Sell Two Gulf of Mexico Assets

British oil giant BP has agreed to sell its Pompano and Mica oil fields in the Gulf of Mexico to Stone Energy Offshore, a subsidiary of Stone Energy Corp, for 204 million U.S. dollars in cash, the British company said on Friday. The agreement includes the sale of BP's 75 percent ...

Airbus Opens First Asian Logistics Center in China

An Airbus logistics center opened for business on Friday in the northern port city of Tianjin -- home to an Airbus final assembly line and delivery center. The European aircraft maker hopes to ramp up its logistics network in China with the help of Airbus (Tianjin) Logistics ...

Sony Officials in Gambia to Boost Business

Officials of the Japanese electronic company Sony are in the Gambian capital Banjul on an African tour to seek stronger business ties, according to state radio and sources of the company. At the invitation of Gambia's state radio, Sony officials are visiting African countries ...

Chrysler to Recall 7,153 Jeep Wranglers in China

U.S. automaker Chrysler will recall 7,153 imported Jeep Wrangler vehicles in China from Jan. 13, 2012 to fix problems that could pose safety risks, China's top quality watchdog said Friday. The recall affects Chrysler's 2008-2010 Wrangler models manufactured between Sept. 1, 2007 ...

On-line Petition Calls on Best Buy to Close on Thanksgiving

A popular online petition is calling on consumer electronics retailer Best Buy to stay closed on Thanksgiving Day, and allow workers to spend holiday with family. The petition, on the petition site Change.org, has generated more than 5,000 signatures, according to the site on ...

Amazon Reported to Roll out Smartphone in 2012

Online retail giant Amazon is working on a smartphone scheduled to be released in the fourth quarter of 2012, U.S. media reported Thursday. A note from Citigroup analyst Mark Mahaney obtained by technology news site All Things Digital said that based on the supply chain checks in ...

New China Life IPO Approved

China Securities Regulatory Commission (CSRC) on Wednesday approved New China Life's application of Initial Public Offering (IPO), kicking off the company's dual listing in Hong Kong and Shanghai. The company is expected to raise up to 5 billion yuan ($757 million) on the ...

Samsung Electronics Acquires U.S. Medical Equipment Maker Nexus

Samsung Electronics, the world's largest maker of memory chips and flat screens, said Wednesday that it has taken over the U.S.-based medical equipment manufacturer Nexus. According to an e-mailed statement, Samsung has acquired the Nexus division of ITC Nexus Holding Company, ...

Morgan Stanley Pays 3.3 Million Dollars to Settle SEC Charges

Morgan Stanley agreed to pay more than 3.3 million dollars to settle charges by the U.S. Securities and Exchange Commission (SEC) for improper fee arrangement, SEC said Wednesday in a statement. Morgan Stanley Investment Management (MSIM) was the primary investment adviser to the ...

Tingyi-Pepsi Alliance Application Not Received: MOC

A spokesman from the Ministry of Commerce (MOC) said Wednesday that the ministry has not yet received a declaration and application from Tingyi Holding Corp. and Pepsi for their proposed business alliance. China's instant noodle and beverage heavyweight Tingyi Holding Corp. ...

Danish Gov't to Review Maersk Oil Business in North Sea

The Danish government said Wednesday that it will revise a contract on oil business granted to Danish oil and shipping company A.P. Moller-Maersk in the North Sea, in a bid to raise the state's revenues from oil and gas production. "The government wishes to undertake a review of ...

Apple Opens Talks about Suppliers' 'Pollution'

Related: Apple Names New Chairman of Board Even though Ma Danni has wanted an iPhone for quite some time, she says she now plans to postpone that long-planned purchase. The reason for her hesitation? She recently learned that the device, produced by the technology giant Apple Inc...

Apple Names New Chairman of Board

Apple on Tuesday named Art Levinson as non-executive chairman of its board, replacing co- founder Steve Jobs who passed away last month. "Art has made enormous contributions to Apple since he joined the board in 2000," Tim Cook, Apple's chief executive officer (CEO) , said in a ...

Secret Google Technology Lab Unveiled

Google is running a secret research lab in the San Francisco Bay Area, where the tech giant invests to experiment and invent what may be world-changing technologies for the future, US media reported on Monday. According to The New York Times, at the lab dubbed Google X, engineers ...

BASF Dispersions & Pigments HQ to be established in Hong Kong

BASF plans to establish the global headquarters of its Dispersions & Pigments division in Hong Kong. As of January 1, 2012, the division head and about 50 global positions, currently located in Ludwigshafen and Basel, will transition to Hong Kong. Transfer of positions will be ...

CCB Says Bank of America Selling Its Shares Won't Affect Development

A China Construction Bank (CCB) spokesman said Tuesday that Bank of America decided to sell most of its CCB shares "for its own reasons," and the sales will not affect CCB's development. Bank of America said Monday that it would sell most of its remaining shares in CCB this month ...

Secret Google Lab for Future Technology Unveiled

Google is running a secret research lab in the San Francisco Bay Area, where the tech giant invests to experiment and invent what may be world-changing technologies for the future, U.S. media reported on Monday. According to The New York Times, at the lab dubbed Google X, ...
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China offers inspirations to global dilemmas
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Bill Gates talks nuclear
Bill Gates talks nuclear
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China slams Japan's NHK governor's denial of Nanjing massacre
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world

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China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
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GM China chairman to retire
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industry

Minivans rev up sales for GM
Minivans rev up sales for GM
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Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
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Chinese leader calls for more marine power
Chinese leader calls for more marine power
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sports

Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Fourteen countries expected to compete in Cuba's wrestling tourney
Fourteen countries expected to compete in Cuba's wrestling tourney
Some 14 countries and regions are expected to compete in the 45th ...
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