industry

p>The North American Electric Reliability Corp. expects that natural gas-fired generation will unseat coal as the dominant capacity resource in North America, NERC officials said Wednesday. "This is an industry definitely in transition over the next 10 years," Mark Lauby, ...
Japan's Sojitz Corp said it teamed up with Jiangsu Shagang Group Co, China's largest privately owned steelmaker, as demand increases in the world's biggest market for the alloy. The alliance will cover supplies of iron ore and factory equipment, Kenji Asano, general manager at ...
China's recent drive to support domestic technologies has raised increasing concerns from some foreign firms who fear that the country's "indigenous innovation" policy may discriminate against foreign companies or force them to transfer their intellectual property to China. But ...
Mengniu Dairy Group announced Tuesday that its founder, Niu Gensheng, had transferred all his shares of the company to Hengxin Trust, the China News Service reported. The specific value of the shares was not disclosed. Niu promised in 2005 that he would donate all his Mengniu ...
The country's mobile Internet traffic is expecting massive growth, which will bring about an increase in network energy consumption, demanding the establishment of a highly efficient energy-saving network, Wu Hequan, vice president of the Chinese Academy of Engineering, said ...
The State Administration for Industry and Commerce tracked down about 6,000 trademark violation and counterfeit cases worth 798 million yuan ($120 million) in its latest campaign, a senior administration official said on Tuesday. The administration's deputy director Fu Shuangjian ...
And of course, there's a human side to the massive move planned by the steel-making giant. After the relocation, 22,000 laid-off workers will get new jobs, as the group has pledged to ensure proper arrangements for each employee. The company says 6000 workers will go to new ...
Guangzhou Daily Newspaper Group, the parent of Shenzhen-listed Guangdong Media Co Ltd, may transfer most of its businesses into the listed unit, the company said on Monday. Guangzhou Daily, China's biggest newspaper group by advertisement revenue, expects the share placement to ...
Industrial and Commercial Bank of China (ICBC), the country's biggest lender by market value, said Friday it signed an export buyer's credit agreement with Huawei Technologies Co.'s clients in Indonesia to finance their imports of Huawei's products. It was the first renminbi ...
p>Even though the US is starting to move away from coal, it will still need tools such as carbon capture sequestration to meet potential emissions reduction targets, National Energy Technology Laboratory Director Anthony Cugini told the Washington Coal Club on Wednesday. The ...
p>Natural gas pipeline companies have spent $2.3 million on US political campaigns ahead of Tuesday's federal elections, a modest $100,000 increase from the 2006 mid-terms, even as Congress considers tightening pipeline safety oversight and curbing carbon emissions. The industry ...
Analysts say the cancellation of that preferential tax break for smaller engines has been well anticipated and will not have a great impact on the auto industry nor auto stocks. They also note that although this tax has been canceled, many other preferential polices, such as ...
Xinhua News Agency Thursday signed a framework agreement with China Mobile Communications Corp., the world's biggest mobile operator by subscribers, to establish an internet search engine company. Called "Search Engine New Media International Communications Co.," the joint ...
China's software industry revenue rose 30.7 percent year on year to 117.8 billion yuan (17.78 billion U.S. dollars) in November, the Ministry of Industry and Information Technology (MIIT) said Wednesday. The November figure took the software industry's revenue in the first 11 ...
p>The International Energy Agency is expected to predict that the EU gas glut will continue beyond 2015 in its World Energy Outlook due out November 9, a senior Spanish gas industry executive said Wednesday. This contrasts with the views of many in the industry that the glut will ...
Kao Corp plans to invest 1 billion yen (US$12.2 million) to set up a second plant in Hefei, Anhui Province, to meet expanding demand for household products in the country. The plant, which covers 125,000 square meters, is expected to start production in 2012. The designed ...
p>Two large players are making final preparations to enter the US Gulf Coast residual fuel oil market with new offices in Houston, according to industry sources. Hong Kong-listed marine fuel supplier Brightoil Petroleum is led in Houston by a group of fuel oil traders who left BP ...
Alibaba.com Ltd, the Chinese e-commerce operator partly owned by billionaire George Soros, is seeking to buy more US companies to expand its overseas business, Chief Executive Officer David Wei said. "The United States is the top priority in our investment list," Wei said in Hong ...
p>Indian spot LNG demand is set to fall as the restart of gas supply from the Panna Mukta Tapti offshore fields coincided with a rash of maintenance outages, several sources said late Wednesday. The Panna offshore field restarted production from Monday. "We have resumed ...
China's campaign on restructuring its publishing industry is expected to wind up by the end of 2010 as many full-fledged commercial groups see their profits surging, a senior official has said. "Most of the companies that became fully market-oriented have been experiencing major ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
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 ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...