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Prada aiming to bag $2.6 billion in HK IPO

2011-06-07 13:28:40

Prada SpA's initial public offering in Hong Kong is poised to raise as much as $2.6 billion, according to a person with knowledge of the matter.

Gartner aims for revenue gains in Chinese market

2011-06-07 10:39:26

Gartner Inc, a US-based information technology research and advisory company, aims to triple its revenue in the Chinese market to $30 million by 2013, according to the company's China president.

Chinese plane maker to sell 2 jets to Myanmar

2011-06-06 16:10:52

The Commercial Aircraft Corporation of China (COMAC), a state-owned aircraft manufacturer, has signed an agreement to sell two ARJ21-700 aircraft to the Myanmar Airways, a statement from the country's state-assets supervisor said.

China Unicom to help digitize Sichuan

2011-06-06 15:10:57

China Unicom, one of the country's major wireless and internet services providers, has said it will help push forward the digitization in southwestern Sichuan province in the next five years.

Baosteel reports pollution reductions

2011-06-06 14:57:07

The Baoshan Iron and Steel Co Ltd (Baosteel), a leading Chinese steel maker, has said its pollution to the environment has fallen sharply during the past five years.

Chinese firm to design new bridge over Panama Canal

2011-06-04 15:41:45

The Chinese infrastructure giant, the China Communication Construction Company (CCCC), was awarded a contract to design a third bridge over the Panama Canal, the Panama Canal Authority (ACP) said Friday.

Drugmaker to launch JV with Pfizer

2011-06-04 11:34:34

Chinese pharmaceutical manufacturer Zhejiang Hisun Pharmaceutical Co Ltd said Friday that it has signed a letter of intent (LOI) with the US drugmaker Pfizer on launching a pharmaceutical joint venture.

Cargotec to set up global center in Singapore

2011-06-04 17:27:33

Cargotec, the world's leading provider of cargo handling solutions, will establish a global competence center for container terminals development in Singapore, the company said in a press release on June 1.

Airbus delivers 50th China-assembled A320 jet

2011-06-04 17:26:46

Less than two years after Airbus delivered the first A320 Family of aircraft assembled by the Airbus A320 Family Final Assembly Line in China (FALC), the world's largest aircraft manufacturer celebrates on June 1 the hand-over of its 50th aircraft assembled by FALC at the Airbus (Tianjin) Delivery Center to Juneyao Airlines, a Shanghai-based privately owned carrier.

China OK's Russian fertilizer producers merger

2011-06-03 15:51:59

China's Ministry of Commerce (MOC) said Thursday that it has conditionally approved a merger between Russian fertilizer companies Uralkali and Silvinit.

Factory owner detained in food contamination scandal

2011-06-03 15:47:12

Police in south China have detained the owner of a food processing factory suspected of mixing an industrial chemical used to soften plastic with food additives, local officials said Thursday.

Novo boosts China funds

2011-06-03 14:15:23

Novo Nordisk A/S will boost investment in China to preserve its dominance in the world's largest market after rival Sanofi SA made a new foray amid an effort by the government to improve health services.