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ConocoPhillips China, a subsidiary of the US-based oil company ConocoPhillips, said Tuesday it had detected oil rising from the seabed near its Penglai 19-3 oilfield Platform C.
The controversial Fujia Chemical Plant in Liaoning province, which had been ordered to shut down, initiated stop-production procedures on Monday.
China's largest business jet operator Deer Jet was awarded ARGUS Platinum Rating certificate on Tuesday, the highest recognition of the global business aviation industry for an airline's operational performance.
Google Inc's purchase of Motorola Mobility Holdings Inc for about $12.5 billion could give a boost to Motorola's handset business in China, while possibly pushing phone makers to adopt other mobile operating systems instead of Google's Android platform.
Xtep International Holdings Ltd, a Chinese sportswear maker partly owned by the Carlyle Group, is looking for acquisitions in the clothing and footwear industries to boost production and expand distribution.
China Oil & Foodstuffs Corp (COFCO) Tunhe Co Ltd said it is working with Unilever (China) Co Ltd to improve irrigation systems in its tomato fields in Xinjiang Uygur autonomous region.
Shanghai Pharmaceuticals Holding Co, which has almost $2.5 billion in cash, may make its first acquisition outside China by the end of the year, spurred by a plunge in pharmaceutical stocks.
China's maritime watchdog said that it plans to sue ConocoPhillips China for oil spills in Bohai Bay that caused widespread environmental damage.
Southwest Securities has agreed to acquire rival Guodu Securities in a $1.7 billion share swap deal that could trigger a fresh wave of consolidation in China's fragmented and competitive brokerage industry.
Shanghai Pharmaceuticals , China's second-largest distributor of pharmaceutical products, plans to make a landmark overseas acquisition within the next 6-12 months, Reuters reported.
Jamaica completed the sale of its three largest state-owned sugar factories to a China-based company in a deal worth $9 million, the Jamaican government said on Monday.
CITIC Guoan Group signed a strategic cooperative agreement with Bolivia to jointly explore lithium resources in Bolivia's Coupasa salt flats, CITIC's listed arm said on Sunday evening.
