Wednesday, April 16, 2014
BIZ >> Companies
Source: Reuters-Global Times Published: April 15, 2014 23:43
The Shanghai-listed arm of Sanpower Group said on Tuesday it has agreed to pay 155.3 million pounds ($260 million) for about 89 percent of Britain’s Highland Group Holdings Ltd, which owns department store House of Fraser.
Source: Reuters-Global Times Published: April 15, 2014 23:43
China CNR Corp Ltd, the country’s second-largest listed train maker, plans to seek approval from the Hong Kong stock exchange on Thursday to sell up to $1.5 billion in shares, Thomson Reuters’ IFR reported on Tuesday, citing people familiar with the plans.
Source: Reuters-Global Times Published: April 15, 2014 23:43
Gulfstream Aerospace Corp, wholly owned by General Dynamics, said it has sold 60 aircraft to China’s Minsheng Financial Leasing Co in what it called one of the biggest single orders for jets in Gulfstream’s history.
Source: Global Times Published: April 15, 2014 23:38
Galanz Group, a household appliance maker, said on Weibo Tuesday that its employees’ riotous behavior in its factory complex in Zhongshan, South China’s
Source: Reuters-Global Times Published: April 15, 2014 23:38
An Australian private company has agreed to buy the long-idle Avebury nickel mine in Tasmania from China’s MMG Ltd for A$40 million ($37.65 million), Reuters reported Tuesday.
China Southern Airlines foresees loss for first quarter
Source: Global Times Published: April 15, 2014 23:38
China Southern Airlines Co Ltd estimates that the company will suffer a total loss ranging from 300 million yuan ($48.21 million) to 350 million yuan in the first quarter of 2014, according to a filing on Shanghai Stock Exchange Tuesday.
Source: Global Times Published: April 15, 2014 23:38
Chinese search engine company Baidu Inc Tuesday introduced its online payment platform, dubbed “Baidu Wallet,” to the mobile front, aiming to expand the company’s presence in the domestic mobile payment arena.
Source: Xinhua-Global Times Published: April 15, 2014 23:38
Aluminum Corporation of China (Chinalco), the country’s top producer of aluminum, announced Tuesday that its copper mining in Peru has resumed operation. Chinalco halted its Toromocho Project in central Peru on March 28 after Peru’s environmental protection agency ordered it to suspend copper minin...
JD files new prospectus, launches online fund product
Source: Global Times Published: April 15, 2014 23:33
JD, which operates China’s second-largest online marketplace jd.com, named Tencent Holdings as its third-biggest shareholder in a renewed prospectus filed to the US securities regulator Tuesday Beijing time.
Firms decline to comment on merger rumors
Source: Global Times Published: April 15, 2014 23:23
Ctrip.com International and Qunar.com Inc, two Chinese NASDAQ-listed online travel service providers, both declined to comment Tuesday on market rumors that they will merge in a deal that would create an online travel service giant with a market capitalization of over $10 billion.
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