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China Unicom (Hong Kong) Ltd reported a 9.2 percent drop in first-half earnings, though Apple Inc's iPhone helped fuel growth in mobile services.
The Anti-monopoly Bureau of the Ministry of Commerce is looking into Nestle SA's takeover of Hsu Fu Chi International Ltd, and Yum Brands Inc's acquisition of Little Sheep Mongolian Hot Pot.
China home grown sport brand Li Ning Co Ltd said the operating environment is expected to remain challenging on intensifying competition among brands and escalating cost.
Steve Jobs has resigned as the CEO of Apple and Tim Cook, previously Apple's chief operating officer, was named as the company's new CEO.
Apple's CEO resignation makes ripples in China
BYD Co Ltd, an auto and battery maker based in Shenzhen in the Chinese mainland and backed by Warren Buffett, said on Thursday that it will start shipments of electric buses to Taiwan by the end of 2011.
ConocoPhillips China, the operator of the leaking oilfield off North China's Bohai Bay, said on Wednesday that the sources of the first two leaks have been permanently sealed.
Tests reveal clothes by well-known sportswear brands contain a hazardous chemical that can inhibit male sexual development and cause early female development.
Global vehicle rental giant Hertz Corp announced plans on Wednesday for an electric-vehicle (EV) rental business in China, the first overseas car rental company to offer such services in the country.
Georg Storaker, President of Conoco Phillips China, publicly apologized on Aug 24, 2011 at a news conference in Beijing. Storaker said the company takes full responsibility for the oil leak incident and will consider offering compensation once a request is received. The company has yet to receive the compensation request.
China COSCO Holdings Co Ltd, the country's top shipping company, sought to reassure investors on Wednesday that negotiations with ship owners over unpaid bills would be resolved and its business remained strong.
The group-buying business in China has reached a turning point and massive reshuffles are due after the Chinese joint venture of Groupon Inc started to lay off people, industry sources said.
When Ed Chan took over as Walmart China's president and chief executive officer in 2007, his mission was to keep the business growing in the emerging market, because the chain retailer had sold its outlets in South Korea and Germany the year before.
