The United States-listed 500.com Ltd, an online sports lottery service provider in China, saw its share price drop nearly 5 percent after it reported on Monday a profit surge of 436 percent year-on-year in the second quarter, mainly boosted by the 2014 FIFA World Cup fever.
New rules cover judging, number of prizes and switching event to every two years
Wal-Mart Stores Inc is helping to launch a three-year training program across China with the aim of producing more than 20,000 vocational school graduates to meet the increasing demand of the retail job market.
The technology for producing artificial bear gall powder has made a great leap in China, with the Ministry of Science and Technology giving national support to the development of this technology by a company in Shanghai.
Local firms also becoming targets of investigations
Germany-based automaker Volkswagen AG's premium brand Audi said in a statement on its website on Monday that the company's executives acknowledged its "antitrust" activities on Friday to the Bureau of Price Supervision and Anti-Monopoly under the National Development and Reform Commission.
Yu Yongfu has his eyes on a billion users, and overseas ventures are vital to realize that goal, Meng Jing reports.
On Aug 4 in the early afternoon, 10 men in suits and casual business clothes barged into a busy office at Mercedes-Benz's East China sales office, near Shanghai's Hongqiao international airport.
Deutsche Bank AG is suing former employee Lee Zhang for $6.3 million over the transfer of funds to a bank account in Shenzhen in 2001, according to Hong Kong court documents.
When Owen Sloggett learnt how to make dumplings in Beijing last month the 13-year old made sure he did not miss any detail.
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