China General Nuclear Power Corp, which bought embattled state fund 1Malaysia Development Bhd's power assets for $2.3 billion this year, is considering listing the business as early as 2017, people with knowledge of the matter said.
State-backed Shanghai Electric Power Co agreed to pay buyout firm Abraaj Group $1.77 billion for a controlling shareholding in Pakistani utility K-Electric, gaining access to 2.5 million customers in the south Asian country's most populous city.
Hong Kong's benchmark stock index fell, capping its worst monthly performance in eight months, as AIA Group Ltd tumbled amid concern Chinese curbs on the purchase of insurance products will hurt earnings and lower oil prices weighed on energy producers.
The Canbot can say its name, respond to voice commands and "dance" as it plays Michael Jackson's song Billie Jean. Other Chinese robots on display at the World Robot Conference can play badminton, sand cellphone cases and sort computer chips.
A surge in purchases of Hong Kong homes by non-residents offers one explanation for what's driven an 11 percent rebound in property prices from a March bottom.
Covestro is open to prepare to license its cutting-edge technology to turn carbon dioxide into valuable plastic products to China, the CEO of the German materials manufacturer said.
With tightening regulation of backdoor listings, privately-offered funds are moving out of their earlier investments in listed companies that were speculated to be acquisition targets of unlisted firms seeking to avoid the lengthy formal listing process.
Gold is set to advance by as much as 15 percent before the end of next year as the US Federal Reserve goes slow on increasing interest rates and the dollar remains subdued, buoying bullion demand, according to Templeton Emerging Markets Group.
This is simply going to take your breath away: Put on a mask, don a pair of fins and plunge into the deep blue.
I am a certified scuba diver, and before I ever tried freediving, I was convinced the two styles were little different to one another. In fact, if anything, I thought freediving would probably be a lot easier. After all, you don't have the hassle of having to assemble and operate the scuba equipment if all you put on, apart from you swimming gear, is a mask and fins.
German companies usually conjure up a serious, no-nonsense image when it comes to management styles. But Ken Allen, CEO of DHL Express, often belts out a song with spirit at work.
Newly-appointed Wells Fargo CEO Tim Sloan told employees Tuesday that he is "sorry for the pain" that the bank's employees have suffered as a result of the company's sales practices scandal.
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