China's Minsheng Financial Holding, US funds Apollo and Centerbridge - plus the private equity firm Lone Star - are leading attempts to buy Portugal's Novo Banco, which was carved out of Banco Espirito Santo (BES) in 2014, four sources told Reuters.
The KFC Health Foundation, sponsored by Yum China Holdings Inc, has announced five scientific research projects that it will support this year.
French cosmetics giant L'Oreal released a report on Thursday about its charity project that trains low-income Chinese women to learn how to use makeup.
An online self-evaluation system for Chinese charitable organizations was launched recently. It aims to help charities promote openness and transparency in their operations and fundraising.
China Petroleum & Chemical Corp, usually known as Sinopec, has sold half of the shares of its gas pipeline business to another two State-owned enterprises.
Messe Frankfurt GmbH, one of the world's largest trade fair companies, will continue to organize exhibitions in Belt and Road countries and increase investment in China, especially in the second-tier cities.
Chinese mainland stocks erased declines in afternoon trading to scratch out a gain for the day, with PetroChina Co leading the rebound as oil prices held near a 17-month high.
DJI, China's largest commercial drone manufacturer, is confident its revenue this year will surge by 60 percent to 10 billion yuan ($1.47 billion), thanks to the expansion of its production line, according to its vice-president.
Malaysia Airlines, after being re-nationalized and restructured, decided to carry out a rapid expansion into the Chinese market with a brand new look. Eyeing the immense consumption power of Chinese tourists, Malaysia Airlines will add eight new destinations in the mainland, with 11 new routes and 35 additional flights between Malaysia and China, beginning in early 2017.
Guangdong Construction Engineering Group Co Ltd, a State-owned industry leader based in Guangzhou, plans to expand its overseas business by increasing investments and strengthening R&D.
Tech-to-auto major LeEco said it would resolve its cash flow crunch within three to fourth months.
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