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Hospitality

Church greets female leader with hugs and support

[2014-10-18 05:58]

Two days after she officially assumed the mantle as the senior minister of Riverside Church, the Rev Dr Amy K. Butler, the first woman to hold the job, was chuckling on the couch of her 19th-floor office in the church's Gothic tower in Morningside Heights.

Scalpers scalded by gray market iPhones

[2014-10-17 07:18]

Prices of smuggled iPhone 6 and iPhone 6 Plus units plunged in Beijing as Apple Inc and its Chinese partners prepare to deliver authorized handsets on Friday.

Bain to buy 80% stake in leasing firm Lionbridge

[2014-10-17 07:18]

Global private equity firm Bain Capital said on Thursday that it had acquired an 80 percent stake in Chinese financial leasing company Lionbridge Financial Leasing (China) Co Ltd for an undisclosed sum.

Shell launches new payment facility

[2014-10-17 07:18]

Royal Dutch Shell Plc has teamed up with payment solutions provider China UnionPay for a new payment facility at its retail stations in Beijing, as part of the energy giant's efforts to expand its network in China.

Alipay tool set to target overseas retailers

[2014-10-17 07:18]

Alipay, the online payment affiliate of Alibaba Group Holdings Ltd, is launching a new tool that will help US and European retailers sell products directly to Chinese consumers.

New rail projects to boost growth

[2014-10-17 07:18]

China's top economic planner on Thursday announced the approval of three new rail projects as part of the ongoing drive to rejuvenate the economy.

Commission curbs local govt debt

[2014-10-17 07:18]

China's top planning agency has issued stricter rules for approval of bond sales by local government financing vehicles, people familiar with the matter said.

Growers look to make hay in Russia

[2014-10-17 07:18]

Food producers from Liaozhong county in Liaoning province have reported a steep rise in orders from Russia as a result of the yearlong ban on Western goods announced in August by Moscow.

Mini-stimulus moves lift yuan loans

[2014-10-17 07:18]

New local-currency loans rose for the third consecutive month in September to 857.2 billion yuan ($140 billion), up 70.2 billion yuan from a year earlier, and analysts said the increase shows that the economy has stabilized with the help of mini-stimulus measures.

Problem of plenty for some ETFs

[2014-10-14 07:28]

The fund managers running the X-trackers Harvest CSI 300 China A-Shares ETF at Deutsche Asset & Wealth Management are facing a problem their rivals would love to have. They are luring too much money.

Technology in new buildings touted as way to lower pollution

[2014-10-14 07:28]

Advanced building technologies will get a big boost in China, thanks to the nation's ongoing economic upgrade, its renewed efforts to cut emissions and strong support from the government, experts and companies said on Monday ahead of a major industrial conference in Shanghai.

Yuan plan comes in for praise

[2014-10-14 07:28]

Policymakers from Beijing to Kuala Lumpur welcomed plans by the European Central Bank to consider adding the yuan to its foreign-currency reserves.

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