Wheat farmers in Australia, the world's fourth-biggest shipper, will face an increasing challenge keeping up with their neighbors' appetite for bread and noodles.
Sony Corp trimmed its forecast of losses and estimates the Sony Pictures hack cost it about $15 million, but expects no significant harm from the cyberattack in the long run.
Replacing business tax with value-added tax may not exactly ease the tax burden of Chinese real estate companies, said a taxation expert from global consultancy firm PricewaterhouseCoopers.
February is shaping up as a crucial month for the nation's equity investors, who must decide whether to raise or reduce their holdings of developers' shares.
Favorable policies and rising public acceptance gave a lift to alternative-fuel vehicle production last month, with output up fivefold year-on-year to 6,599 vehicles, the Ministry of Industry and Information Technology said on Wednesday.
Pod Inn, a Hangzhou-based budget hotel chain, saw reservations surge at one facility in the city ahead of a marathon race in early November.
United States-based agriculture companies are seeking increased cooperation with China and urging further loosening of investment restrictions and trade barriers, especially in biotechnology, that will help secure safe, affordable food for Chinese consumers, said a report from the American Chamber of Commerce in China.
Standard & Poor's is paying about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis, the US Justice Department announced on Tuesday.
Phillip Frost at 78 isn't your usual Florida retiree. Rather than spending his days playing golf and relaxing, the billionaire former chairman of Teva Pharmaceutical Industries Ltd has embarked on his life's most quixotic quest: a blockbuster cure for obesity.
When Edith Zemirou bought Euro Disney stock more than two decades ago, she expected a decent return and her own small share in Mickey Mouse magic.
With Russia struggling, China's growth slowing and Brazil contracting, global automakers are counting on the United States, where January sales were the most in nine years.
A new study, considered by experts as the first to accurately document and report on the corporate social responsibility activities of all kinds of companies in China, private and public, has concluded that the country's overall quality of CSR development remains what researchers described as "relatively low".
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Raymond Zhou
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Chen Weihua
