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Oil producer sacks GM over plant fires

2011-09-01 13:21:10

The general manager of the Dalian Petrochemical Company of China National Petroleum Corporation was removed from his post Tuesday following the branch's second fire in two months.

CEVA Logistics to double market share in nation

2011-09-01 13:18:47

CEVA Logistics, the world's fourth-largest third-party logistics company by revenue, is aiming to double its market share in China in the next three years, after a joint venture with a Chinese vehicle manufacturer established it as a leader in the automotive supply chain.

Beiqi Foton driving into US, Europe

2011-09-01 11:45:56

Beiqi Foton Motor Co Ltd has launched a heavy-duty truck for the US and European markets, the first Chinese model built for high-end overseas markets.

Oil spill aftermath tests the legal waters

2011-09-01 11:08:07

Victims of marine pollution look to the courts for justice, reports Li Jing from Beijing.

CIC to restructure, split from Huijin

2011-09-01 11:06:53

Beijing plans to restructure China Investment Corporation (CIC) , including spinning off the sovereign wealth fund's domestic investment arm, Central Huijin Investment Ltd.

Ericsson hopes for lawsuit agreement

2011-09-01 09:58:46

Top mobile telecom equipment maker Telefon AB L.M. Ericsson hopes to reach an agreement with Chinese rival ZTE Corp over an intellectual property rights dispute that began in April, said Ericsson's president.

Conoco's oil leak claim not verified

2011-09-01 09:42:18

ConocoPhillips China (COPC) said on Wednesday that it had sealed off leaks from an oil spill that polluted north China's Bohai Bay before the Aug 31 deadline. However, the claim has not been verified by China's maritime authority.

Apple to discuss alleged pollution with NGO

2011-09-01 09:10:26

The technology giant Apple Inc proposed on Wednesday to hold a conference call with various environmental protection organizations to discuss their recent findings about its suppliers, which are accused of emitting large amounts of pollution and threatening the public's health.

Chinese firm insists Iceland investment plan just business

2011-08-31 17:41:50

Beijing-based Zhongkun Group Chairman Huang Nubo Wednesday said his company's plan to build a resort in Iceland was purely commercial, after the Financial Times reported that opponents of the project have warned it could be political in nature.

Apple makers accused of polluting

2011-08-31 17:07:52

A group of environmental protection organizations jointly released a second report on Wednesday, accusing 27 Apple Inc's manufacturers of pollution.

Shanda net profit falls 95%

2011-08-31 16:31:27

Chinese online game and media company Shanda Interactive Entertainment Ltdsaid Wednesday its second-quarter net profit fell 95% from a year earlier as higher expenses outweighed rising revenue.

Wuliangye jacks up prices by 30%

2011-08-31 15:54:31

Chinese liquor maker Wuliangye will raise prices for its alcohol by 20-30 percent from Sept 10, the firm said, the latest company to lift retail prices amid stubborn inflation pressures.