Central Asia, East European nations boost infrastructure efforts

Countries in Central Asia and East Europe are planning to build more roads, warehouses and logistics centers to cash in on the growing trade opportunities from China's Belt and Road Initiative.

Deutsche Bahn to expand procurement from China

Deutsche Bahn AG, one of the world's largest railway operators, is setting up a procurement office in China later this year to expand its pool of global suppliers and hunt for possible partners in Asian markets.

New platform in Guizhou to offer big data as a commodity

In the office of the world's first big data exchange market in Guiyang, capital city of Guizhou province, Wang Sanshou, CEO of the Global Big Data Exchange Co, is occupied with meetings that focus on how to better sell data as a type of commodity.

Foxconn uses database to launch finance operation

Foxconn Technology Co Ltd is moving into finance by leveraging the big data boom in China.

Media CEOs top pay ranking

They're not Hollywood stars, they're not TV personalities and they don't play in a rock band, but their pay packages are in the same league.

Deutsche Bank paying $55m settlement on incorrect reports

Germany's Deutsche Bank AG has agreed to pay $55 million to settle civil charges of filing incorrect reports during the financial crisis that downplayed risks of huge losses.

Gucci discounts prompt lines as firm clears stock

Gucci is offering discounts of as much as 50 percent in China as the Italian fashion house seeks to clear out merchandise designed by its former creative director, prompting lines of shoppers to form since sunrise.

Tax debate shines light on flawed revenue base

Australian Treasurer Joe Hockey's pledge to consider excluding tampons from a sales tax has raised concern the government could end up shrinking its revenue base at a time when it needs expanding.

CSR department roles become more popular

Study shows 61% of participants work in firms that set up CSR units in the past year ZHU WENQIAN

Telecom firms bring hope in Colombia

By connecting Colombians with the world, Chinese telecoms firms are doing a great job in facilitating the Colombian government's anti-poverty drive, one of its main missions.

Financial giants help women entrepreneurs

The International Finance Corp, Ant Financial Group and the 10,000 Women Project of Goldman Sachs Group Inc recently launched China's first Internet financial loan service for women, to help tackle the financial problems facing small and micro-sized businesses and female entrepreneurs.

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