In China, the world's most popular sport has packed up its gear and headed to the beach for some summertime fun.
At one stage Wan Chao's soccer career seemed to be over, but now he has been given extra time, and he is reveling in the opportunity to score goals.
Having been at the helm of one of China's major private investment consortiums for more than two years, Li Huaizhen said the group has entered a rapid development period, with its total assets snowballing from 33.5 billion yuan ($4.98 billion) to 200 billion yuan, and he will remain wedded to the group's original goal of integrating industry and finance.
German firm Roland Berger Strategy Consultants - one of the world's biggest business consultancies - said on Thursday that it plans to offer Chinese rail operators new service solutions to improve their efficiency and diversify their profit models.
China Gezhouba Group Corp, builder of the world's biggest hydroelectric dam, and Beijing Enterprises Holdings Ltd, are among groups that made first-round bids for Dutch waste management company Attero, company sources said on Thursday.
Graphene, the strongest material ever discovered, is expected to give new momentum for growth to Baotou, a city in the Inner Mongolia autonomous region which is rich in graphite reserves, according to the chief of a local research institute.
Sinopec Oilfield Service Corporation issued a profit warning, expecting a net loss of about 8.9 billion yuan ($1.33 billion) for the nine months that ended on Sept 30.
Cathay Pacific Airways Ltd shares tumbled in Hong Kong to the lowest level in more than seven years after Asia's biggest international carrier scrapped its profit outlook and said it is conducting a "critical review" of its business.
Hong Kong stocks dropped to a six-week low after mainland data signaled a deeper slowdown, the yuan extended losses and the US Federal Reserve minutes boosted the case for higher US interest rates.
The CEO of Yum China, which after its spinoff will begin trading on the New York Stock Exchange on Nov 1, is confident his company can triple the number of its restaurants on the mainland.
Targeting record revenues from the Chinese market by the end of the year, Bureau Veritas - the Paris-headquartered international testing, inspection and certification agency - said it is aiming to help more Chinese companies reach export markets.
Alibaba Group Holding Ltd said it has tightened policies against copyright infringements and made it easier for brands to issue complaints and request removal of counterfeit items on its platforms.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
