Cyberattacks and commercial drones pose a growing threat to commercial aircraft, according to a major insurer.
South Africans on Friday marked the first anniversary of the death of Nelson Mandela with services, blasting vuvuzelas and a cricket match to honor his enormous legacy as an anti-apartheid icon and global beacon of hope.
The government will encourage private-sector investment in liquefied natural gas terminals and oil and gas storage and distribution facilities, a senior official at the National Energy Administration said on Thursday.
China may merge its two biggest nuclear power companies as it bids to compete for contracts in overseas markets, three industry officials familiar with the situation said on Thursday.
Analysts say that a Chinese-led consortium is still a strong contender to win a landmark contract to build Mexico's first high-speed railway, in a bidding process being rearranged for next year after the country decided to withdraw an earlier offer to the group.
Xiabuxiabu Catering Management Co, the iconic hotpot restaurant chain on the Chinese mainland, is seeking to raise about HK$1 billion ($129 million) on the Hong Kong stock exchange by offering 227.1 million shares for sale to the public at between HK$4.4 to HK$5 apiece.
The Chinese mainland is accelerating the opening of its financial service industry, by offering favorable land and tax policies to attract more Hong Kong-based companies to invest and operate in a business zone in Shenzhen, Guangdong province.
Skyscrapers and imposing buildings are a common sight in most first- and second-tier Chinese cities. But with growth mushrooming and urbanization going into overdrive, demand for big buildings and high-speed elevators is also spiraling in China, says Tony Black, president of Otis Elevator (China) Investment Co Ltd.
The elevator and escalator industry has been one of the sectors in China where foreign companies have been the dominant players. But that lead may soon disappear as Chinese companies are fast catching up with their foreign peers, both in products and technology, industry sources said.
Toyota Motor Corp is recalling 190,000 more vehicles - 185,000 in Japan and 5,000 in China - to replace potentially defective air bags made by Takata Corp, and Japan's regulator said it may change its recall system to better respond to what it called an "unprecedented" crisis.
Real Estate Investment Trusts appear to have got a fresh lease of life in China, with the government planning to grant approval for similar programs in public rental housing projects in first-tier cities, a news report said on Thursday.
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