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China's top search engine Baidu Inc has moved to strengthen its position in the mobile Internet era by launching a new mobile application system on Friday and competing with Internet rivals to provide more mobile services.
CITIC Securities and construction machinery company Sany Heavy Industry are slated to start marketing a combined $5.5 billion in share offerings next week, sources said on Friday, in what could be one of the busiest months for stock deals in Hong Kong so far this year.
China's top search engine Baidu Inc launched a new mobile application system on Friday, seeking to bolster its presence in the mobile web as competitors including Alibaba Group increase their mobile offerings.
China Ocean Shipping (Group) Company (COSCO), will merge its dry-bulk freight units to improve its bargaining power with shipowners, as it struggles with a severe market downturn and payment disputes that have tainted its reputation.
Pangda Automobile Trade Co and Zhejiang Youngman Lotus Automobile Co will seek approval from China's top economic planning agency this month to invest in the cash-starved Swedish carmaker Saab Automobile AB.
SAIC Motor Corp is ready to give up its majority ownership in a car venture with General Motors Co (GM) as long as Shanghai GM's revenue can still be included in its books.
China's Lenovo Group Limited, the country's largest PC producer, said Thursday that it has become Argentina's second largest PC provider, with a market share of 17.3 percent in the second quarter of this year.
Victor Fung, billionaire chairman of the Li & Fung Group, which includes the world's biggest supplier to retailers, said Christmas season sales will match last year's as the global economy recovers.
Chinese Vice-Premier Zhang Dejiang met Thursday afternoon with Franz Fehrenbach, chairman of the board of management of German industrial giant Bosch Group.
Nokia China may have violated Chinese labor laws as the company sacked about 170 employees after only giving 10 days advanced notice.
Metallurgical Corp of China Ltd (MCC), the State-owned metallurgy giant, posted an 11.3 percent year-on-year drop in first-half net profit to 1.97 billion yuan ($309 million), as it continued to reduce its overreliance on the traditional iron and steel metallurgy market.
Sinohydro Corp Ltd is bidding for a $200 million hydropower station in Ecuador, participating in the South American country's drive to develop clean technologies, said Ding Zhengguo, assistant president of the group.
