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China National Materials Co Ltd (Sinoma) said it is in talks in Europe and the United States for acquisitions at 1-10 billion yuan ($153,800-$1.5 billion) each in the cement equipment and high-tech materials sectors.
Chinese animation companies are often accused of copying or illegally using foreign works, but a recent complaint tells a different story - with international electronics giant Sony and its content partner charged with copyright violations.
Chinese auto maker Dongfeng Motor Group Co said Tuesday its first-half profit fell 10% from a year earlier, dragged by slower growth of automobile sales as well as intensifying competition.
eBay Inc expects sales from greater China to grow 30-40 percent annually from about $4 billion in 2010, with the giant seeking acquisition opportunities.
China Merchants Holdings (International) Co doubled first-half profit because of rising container volumes and HK$1.37 billion ($176 million) of gains mainly linked to a stake in the operator of Shanghai's port.
Haidian District People's Court recently ruled that an iPad application for Chinese-language news violates copyrights, levied a 100,000-yuan ($15,600) fine and ordered the developer to withdraw the software.
Baoshan Iron and Steel Co Ltd (Baosteel), China's largest listed steel producer, said on Tuesday its first-half net profits fell 36.91 percent to 5.08 billion yuan ($793.75 million) due to weak demand and higher raw material costs.
Hon Hai Precision Industry Co, the world's largest contract manufacturer of electronics, posted second-quarter profit that missed analysts' estimates after costs increased.
Hewlett-Packard, the world's largest PC maker by shipment volume, has said it plans to continue expanding "aggressively" in China.
Sina Corp, owner of China's third-most popular website, paid $66.4 million for a stake in Tudou Holdings Ltd to boost its investments in online video services.
A Chinese airline company has been severely punished after one of its pilots refused to give way to a Qatar Airways' jet requesting a priority landing due to fuel shortage in Shanghai in early August.
Chinese battery and automaker BYD Co Ltd is planning large-scale layoffs of its workforce to weather a sharp dive in sales and earnings in the first half, said a Chinese website on Tuesday.
