 |
|
|
 |
|
The pharmaceutical giant Merck & Co is ditching the strategy of increasing sales employees in China and turning to local partners and education to reach doctors as the US company seeks growth in the world's third-biggest drugs market.
China's State-owned enterprises (SOEs) reported a profit increase of 24.4 percent year-on-year for the first seven months of this year, the Ministry of Finance said.
Volvo Cars Corporation reported an operating earning before interest and taxes of 600 million kronor ($93 million), 170 million kronor in the second quarter more than that of 2010
Orders for wind turbines in China have been depressed recently mainly due to constraints linked to the Chinese electricity grid, Danish wind turbine maker Vestas' chief executive told Reuters on Wednesday.
Over 10 years, three presidents representing three nationalities have guided ABB China Ltd in stable but higher-than-market-speed development to dominate the local market from an unassailable leading position.
HTC Corp, Asia's second-biggest maker of smartphones, filed a complaint at the US International Trade Commission (ITC) that seeks to block imports of Apple Inc's iPhone, iPad and Mac computers.
Claudio Facchin still clearly remembers arriving in Beijing as the new president of ABB China Ltd and head of ABB North Asia region in January 2009.
The Chinese start-up company Xiaomi Corp on Tuesday announced plans to release a 1,999-yuan ($316) smartphone to compete with industry giants such as Apple Inc and Nokia Corp.
Nissan Motor Co plans to quadruple Infiniti's share of the Chinese luxury-auto market within five years as it rushes to make up a "ridiculous" amount of time lost to Volkswagen AG's Audi and Toyota Motor Corp's Lexus.
China Minsheng Banking Corp (CMBC), listed on both the Shanghai and Hong Kong exchanges, posted a 57 percent jump in first-half net income of to 13.9 billion yuan ($2.2 billion), exceeding market expectations.
Lenovo Group Ltd reported a near doubling of its first-quarter net profit, beating expectations due to acquisitions and growth in emerging markets in key markets such as China, Reuters reported.
Carrefour has been accused of refusing to refund after selling out of date cheese, National Business Daily reported.
