Veolia to double China revenue
2012-05-26 17:22:23
Antoine Frerot, chairman and CEO of Veolia Environment SA, said Saturday that China will contribute 8 percent of its total revenue during the next five to ten years .
Tencent to invest $1b in e-commerce
2012-05-26 11:21:44
Tencent Holdings Ltd, China's biggest Internet company, plans to invest $1 billion in its e-commerce unit to meet the rising demand for online shopping.
Energy company eyes Saab
2012-05-26 11:16:50
A group led by a Chinese energy company and a Japanese venture-capital firm has made a bid for the bankrupt Swedish carmaker Saab Automobile, a spokesman for the investment team said.
Gas project to be sped up in S China Sea
2012-05-26 11:12:39
CNOOC Ltd plans to accelerate the development of the Liwan gas project in the South China Sea with its partner Husky Energy Inc.
Gome's profits going down
2012-05-26 10:54:28
Gome Electrical Appliances Holding Ltd's first-quarter profit plunged by 88 percent after government subsidies meant to boost consumption in China ended on Dec 31.
Ferrari recalls 56 autos in mainland
2012-05-26 09:47:18
Luxury sports car manufacturer Ferrari will recall another 56 vehicles imported to the Chinese mainland due to defective crankshafts, China's quality watchdog said Friday.
Wine firm vows to protect Lafite's image
2012-05-26 09:42:57
The widespread presence of counterfeit Lafite wine in China has pressured its producer to launch a campaign to fight fake products in the country.
County wins Foxconn's favor in solar project
2012-05-25 17:04:21
Funing, which is not considered a star county even within the rich Jiangsu province, succeeded in persuading Terry Gou, chairman of Foxconn's owner Hong Hai Precision Industry Co Ltd, to set up the company's solar cells production base in the county.
Caterpillar eyes expansion across Asia Pacific
2012-05-25 16:14:26
Caterpillar is expanding manufacturing footprint in Asia Pacific as it owed its record earning success in recent years to its five-year plans.
CNOOC discovers new oil well in Bohai Sea
2012-05-25 10:58:56
CNOOC, the listed unit of the country's largest offshore oil producer, announced Thursday that the company has made a new oil discovery in the Bohai Sea.
BMW to expand production capacity in China
2012-05-25 10:49:17
Bayerische Motoren Werke AG, the world's biggest maker of luxury cars, will quadruple its production capacity in China.
Most luxurious Jaguar, XJ Ultimate at HK$4m
2012-05-25 10:14:52
Lau, general manager of Jaguar Land Rover Hong Kong, introduces the Jaguar XJ Ultimate in Hong Kong.