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Gold woes may take shine off summer

[2015-05-20 07:52]

For gold traders, summer has come early. Just don't book your trip to the beach yet.

Continental to buy Elektrobit unit for $680m

[2015-05-20 07:52]

Continental AG plans to buy Elektrobit Oyj's automotive business for 600 million euros ($680 million) as Europe's second-biggest maker of car parts and tires creates systems to enable automated driving. Elektrobit stock surged to a 14-year high.

Erzhong to leave market in Shanghai voluntarily

[2015-05-19 07:39]

China Erzhong Group Heavy Industries Co Ltd, a State-owned producer of heavy technical equipment, will become the first company to delist voluntarily from the stock market on the Chinese mainland.

Steel companies eye online success

[2015-05-19 07:39]

The China Steel and Iron Association and several industry partners joined hands to set up the Steel E-commerce Research Center on Monday, with an eye on upgrading and transforming the industry reeling from low profits.

Technology widens horizons for little-known Chinese museums

[2015-05-19 07:39]

Exhibits displayed in lesser known Chinese museums will soon attract a wider audience base from across the world with the help of modern technology.

COFCO in plans to revamp its assets

[2015-05-19 07:39]

COFCO Corp, China's largest food company, has invited investment banks to submit proposals for a possible group restructuring, people with knowledge of the matter said.

Nation's initiatives lead firms onto M&A road

[2015-05-19 07:39]

More Chinese companies will seek mergers and acquisitions in Central Asia and Eastern Europe, and linking prime global resources with China's huge market can be a wise M&A philosophy.

Opening up panda bond sector will pay enormous dividends

[2015-05-19 07:39]

The nation's reform agenda is taking hold, building on three decades of unprecedented growth that has lifted millions of Chinese out of poverty. Despite the economic slowdown, projections that the Chinese economy will grow by more than 7 percent and create more than 10 million jobs this year are still far more favorable than the outlook in many economies.

New UK govt aims for closer ties with China

[2015-05-19 07:39]

Economic relations between China and Britain are expected to continue to boom and become even more active under the new Conservative government.

Healthcare reform has macroeconomic implications

[2015-05-19 07:39]

The nation's healthcare sector has evolved erratically since 1949, when the People's Republic of China was founded.

Honeywell open to water, healthcare in M&A pipeline

[2015-05-19 07:39]

Honeywell International Inc Chief Executive Officer Dave Cote is open to considering acquisitions in water and healthcare, both potential new business lines, as he examines a pipeline of more than 100 possible deals.

Nissan CEO says firm will be ready with autonomous driving by 2020

[2015-05-19 07:39]

Nissan Motor Co will have vehicles packed with autonomous driving technology by 2020 but whether people will be able to drive them on roads is up to government regulators, Chief Executive Carlos Ghosn said on Monday.

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