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Nestle's bid for Hsu Fu Chi under review: MOC

2011-07-16 15:44:36

Swiss food giant Nestle's bid for control over Chinese candy maker Hsu Fu Chi was under review, China's Ministry of Commerce (MOC) said Friday. 

Brands get the goods on Transformers

2011-07-16 11:10:03

Filmworks, an entertainment marketing company, helped four Chinese businesses place their products in Transformers: Dark of the Moon.

Joy pushes into Chinese mining market

2011-07-16 10:50:07

The US mining equipment maker Joy Global Inc plans to buy an initial 41 percent stake in International Mining Machinery Holdings Ltd (IMM) for $585 million to expand in China's fast-growing coal market.

Lenovo to boost brand recognition

2011-07-16 09:50:20

Lenovo Group said it plans to become one of the top three PC brands in most key markets across the world in the next few years.

Actress's online spat with property tycoon

2011-07-15 16:35:29

A famous Chinese actress complained about the poor property quality and service in her community online, drawing huge attention from the public and the community's property developer as well.

Starbucks to launch JV with Chinese coffee-growing firm

2011-07-15 15:45:26

Starbucks Coffee will launch a joint venture with a Chinese coffee-growing company later this year as the two sides signed a business cooperation memorandum of understanding (MOU) Thursday.

Maersk will add capacity on Asia, West Africa routes

2011-07-15 15:07:13

Maersk Line Ltd, the world's largest shipping company by capacity, will deploy more vessels on Asia-West Africa routes to serve growing trade flows, said Keith Svendsen, head of the company's East China cluster.

Foreign link seen as valuble: Da Vinci claims

2011-07-15 07:39:34

Some of Da Vinci's expensive furniture was not made abroad but in Dongguan, South China's Guangdong province.

COFCO raises stake in Mengniu

2011-07-15 13:36:02

COFCO Corporation bought another 142 million shares of China Mengniu Diary Co Ltd for around HK$3.59 billion, raising its stake in the dairy producer to 28.04 percent, the Shanghai Securities News reported Friday.

BMS ups investment in China

2011-07-15 10:48:12

China is expected to become the second- or third-largest market for international drugmaker Bristol-Myers Squibb's (BMS) within a decade.

800th A330 delivered

2011-07-15 14:32:28

The 800th A330 has been delivered in Toulouse.

Peabody to develop coal mine in Xinjiang

2011-07-15 10:43:35

Peabody Energy Corp on Thursday that it has entered into a framework agreement with the Xinjiang Uygur autonomous region to develop a surface coal mine with annual production of 50 million tons.