Saudi Arabia slows $109 billion solar program

Saudi Arabia is delaying by eight years its target to complete a clean-energy program including $109 billion in solar power, saying it needs more time to assess what technologies it will use.

De Beers keeps firm hold of diamond sales

Diamond buyers are "scared stiff" of the power of De Beers as money they get for cut gems fails to keep up with prices the company demands for rough stones, said the Israeli overseer of one of the industry's biggest exchanges.

Aussie wine exports to China rise 8%

Australian wine exports to China rebounded last year as sales of cheaper wines gained traction, bucking a regional shift toward high-end tipples.

Honda warns against 'stupid' sales incentives

A top US executive at Honda Motor Co said competitors are doing "stupid things" to boost auto sales, including making seven-year-long car loans that harm buyers.

Multinationals play key leadership role

The recent publication of a report on the corporate social responsibility activities of US companies over the past decade, by the American Chamber of Commerce in Shanghai, was a strong illustration of the huge influence Western companies have had, and are still having to an extent, on CSR activities in China.

One small step to ease rural poverty

Thousands of joggers across China, running in families, have been taking part in a six-month program which converts every 1km they run into one yuan-worth of donation to children in some of the country's most poverty-stricken regions.

China Power making solid progress on green targets

Rapid economic growth and caring for the environment have not always sat comfortably together, but one of China's power generation groups claims it is now proving they can at least coexist on commercially successful projects.

IN BRIEF (Page 18)

Appetite for luxury wanes

Sales of luxury goods slowed in China during 2014, with the growth rates falling for the first time amid slowing economic growth and brand proliferation, a new study said on Tuesday.

Opening the gates for investment

The security clearance measures outlined in the draft foreign investment law will boost China's corporate governance efforts and create a level-playing field for overseas companies in the country, experts said on Tuesday.

Hotel Special: On top of the ... world

The pinnacle of modern luxury in Beijing, the China World Summit Wing occupies the top floors of the iconic China World Tower. This Shangri-La managed hotel not only provides some of the most spacious and comfortable accommodation in the city, it also ofers unrivaled bird's-eye views of China's capital from its lofty perch.

New sponsor Nike sparks football team revival

The national Chinese football team has been thriving lender its first new kit sponsors in more than three decades.