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Geely JV launches car in Belarus

A Chinese-Belarusian joint venture (JV), BelGee, recently launched the Geely Atlas, which is intended for mass production.
Source: Xinhua | 2017/11/22 22:33:39

Air China suspends Beijing-Pyongyang flights over poor performance

Air China has suspended flights to North Korea due to a poor business performance, and it has not decided when services will resume, a PR representative of the Chinese carrier told the Global Times on Wednesday.
Source: Global Times | 2017/11/22 22:28:40

Tencent's share price rally sees it surpass Facebook in market value

Tencent Holdings has made impressive gains this week, becoming the first Chinese company to exceed $500 billion in market capitalization and surpassing Facebook to be the world's fifth-most valuable company.
Source: Reuters | 2017/11/22 22:28:40

Huge talent gap in analysis of big data, advanced manufacturing

Despite artificial intelligence is gaining traction on the Internet, there is still a huge talent shortfall in China in big data analysis, advanced manufacturing, digital marketing and other newly emerging positions. The lag in training experts in emerging technologies and innovations is severe, a report released by LinkedIn and Tsinghua University showed on Wednesday.
Source: Global Times | 2017/11/22 22:28:39

Air China suspends flights between Beijing and Pyongyang over poor business performance

Air China has suspended flights to North Korea due to poor business performance. The company has not decided when flights will be resumed, a PR representative confirmed with the Global Times on Wednesday.
Source: Global Times | 2017/11/22 17:33:39

Chinese bike-sharing company Mobike launched in Berlin

Staff members ride bikes of Chinese bike-sharing company Mobike in Berlin, capital of Germany, on Nov. 21, 2017. Chinese bike-sharing company Mobike on Tuesday launched its service with 700 bikes in Berlin, the first city in Germany and the 200th city around the world.
Source: Xinhua | 2017/11/22 8:51:08

Russian nuclear corp. denies causing radioactive pollution

Russia's state nuclear corporation Rosatom Tuesday denied that its facilities had caused a slight increase in the volume of the radioactive element ruthenium-106 in Russia and other parts of Europe between September and October.
Source: Xinhua | 2017/11/22 8:33:15

Chinese firm, Zambia gov't sign agricultural infrastructure development project

China Railway Seventh Group on Tuesday signed an agreement with the Zambian government for the start of infrastructure development on a farming block situated in the northern part of the country.
Source: Xinhua | 2017/11/22 8:19:17

IKEA recalls over dozen million dressers in US after death report

Sweden furniture producer IKEA announced to recall more than a dozen million Children's and adult chests and dressers in the United States as of Tuesday.
Source: Xinhua | 2017/11/22 8:17:27

Major tobacco companies to run anti-smoking ads in US, 11 years after court order

Major tobacco companies will run newspaper and television advertisements in the United States starting this weekend -- not meant to promote smoking, but rather to tell the public about the deadly consequences of smoking.
Source: Xinhua | 2017/11/22 8:14:17

JPMorgan fined 1.25 mln USD for inappropriate employee background check

The Financial Industry Regulatory Authority (FINRA) on Tuesday fined JPMorgan's securities division 1.25 million US dollars for failing to conduct timely or adequate background checks on 8,600 employees, including four people with criminal records.
Source: Xinhua | 2017/11/22 8:13:43

Construction at Serbian power firm

A Chinese company started construction on Monday of a new 350-megawatt unit at Serbia's second-largest coal-fired power plant, the first new electricity capacity in the Balkan country in nearly 30 years.
Source: Reuters | 2017/11/21 21:23:40

Volvo to sell driverless vehicles

Chinese-owned Swedish automaker Volvo Cars has reached an agreement with Uber to sell tens of thousands of autonomous driving compatible base vehicles between 2019 and 2021.
Source: Global Times | 2017/11/21 21:23:39

Wanda Hotel says it reviews foreign portfolio, but no sales discussions

China's Wanda Hotel Development Co said on Tuesday it was open to “business opportunities” related to its portfolio of landmark overseas properties, although no sale talks are in progress.
Source: Reuters | 2017/11/21 21:18:39

Victoria's Secret lusts for China market but experts say customer satisfaction key to lasting sales growth

US-based lingerie brand Victoria's Secret is taking aim at the huge and lucrative Chinese market, holding its annual show in Shanghai this year in a move that experts said will stimulate its sales in China, although growth won't come without risks.
Source: Global Times | 2017/11/21 21:18:39

SF carrier buys airplanes in auction on Alibaba's online platform

Chinese air express carrier SF Airlines Co bought two Boeing 747 airplanes worth 320 million yuan ($48.25 million) during an auction on Alibaba's legal auction website sf.taobao.com on Tuesday, marking the first sale of a Boeing 747 during an online auction in China, domestic news site thepaper.cn reported.
Source: Global Times | 2017/11/21 21:08:39

Airlines associations ink partnership deal on cargo safety

The African Airlines Association (AFRAA) and the International Air Cargo Association (TIACA) have inked an agreement to work closely on air cargo development.
Source: Xinhua | 2017/11/21 7:59:31

Coolqi's deposit refund site shifts from Beijing to Chengdu

Bike-sharing platform Coolqi has moved its deposit refund site from Beijing to Chengdu, capital of Southwest China's Sichuan Province.
Source: Global Times | 2017/11/20 22:43:39