Merger and acquisition deals completed in China were worth a record $352 billion in the first six months of 2015, according to a report from PricewaterhouseCoopers, which now expects a slower pace over the rest of the year.
When Nando Cesarone started working as a delivery driver for United Parcel Service Inc in Canada 23 years ago, foreign courier companies were yet to expand their wings into China, something that would not happen until 2005.
The Federal Reserve Bank of Dallas named Robert Steven Kaplan, a former Goldman Sachs Group Inc executive who left to teach at Harvard in 2006, as its new president.
Yum Brands Inc, owner of KFC and Pizza Hut chains, has revamped its top management team in China after incumbent chairman and chief executive Sam Su retired from his post.
Alibaba Group Holding Ltd stepped up its moves in the location services sector on Wednesday by joining hands with the biggest military equipment maker in China.
Property tycoon Wang Jianlin from the Chinese mainland overtook Hong Kong's Li Ka-shing as the richest man in China, with a personal fortune of about $42.6 billion, a new ranking said on Wednesday.
Didi Kuaidi, China's largest mobile-based car-booking company, has made its first move overseas by investing in a taxi-hailing service provider that operates across Southeast Asia.
The relationship between a smartphone and its charger is akin to fish and water.
Glencore Plc, the commodity trader and miner headed by billionaire Ivan Glasenberg, reported a 56 percent slump in first-half profit as its trading unit failed to offset a Chinese-led drop in raw material prices.
Jack Luo, a salesman at a German auto dealership in Beijing, plans to start looking for another job after four of his friends left to join other companies.
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