BUSINESS >> Companies

Made in India high-end iPhones in pipeline: reports

Foxconn, a key contract manufacturer of Apple Inc, is planning to open assembly lines for high-end iPhones in India, according to media reports.
Source: Xinhua | 2018/12/30 17:05:52

China's SOE profits up 15.6 pct in Jan-Nov

Profits of China's state-owned enterprises went up 15.6 percent year on year to 3 trillion yuan (437 billion US dollars) in the first 11 months, the Ministry of Finance said Saturday.
Source: Xinhua | 2018/12/29 22:01:35

China's top liquor brand Moutai to sell 31,000 tonnes of liquor in 2019

China's top alcohol brand Kweichow Moutai said Saturday that the company plans to sell about 31,000 tonnes of product in 2019.
Source: Xinhua | 2018/12/29 22:00:48

Chinese securities regulator approves 3 new IPOs

China's securities regulator has approved the initial public offering (IPO) applications of three companies.
Source: Xinhua | 2018/12/29 16:29:24

Chinese firms secure half of world's top 10 biggest IPOs in 2018: EY

Chinese firms swept half of the globe's top 10 biggest initial public offerings (IPOs) in 2018, with a surge in overseas flotations, a report by international accounting firm EY showed.
Source: Xinhua | 2018/12/28 17:28:17

Chinese auto maker JAC establishes JV with US engine manufacturer Cummins

China's Anhui Jianghuai Automobile Co. Ltd. (JAC Motors) has established a joint venture with US engine manufacturer Cummins, JAC said Friday.
Source: Xinhua | 2018/12/28 15:41:48

Amazon China releases list of influential translated books

Amazon China has recently released a list of 25 most influential translated works in the past 40 years, China Daily reported Friday.
Source: Xinhua | 2018/12/28 11:09:49

Sinopec suspends top execs at trading arm: sources

State oil major Sinopec has suspended the two top executives at its trading arm Unipec after the Chinese company ran up losses, sources with knowledge of the matter said on Thursday.
Source: Reuters-Global Times | 2018/12/27 22:43:39

Tesla sets up new leasing company in China

Tesla Inc has registered a new wholly owned fundraising and leasing company in the Shanghai free trade zone, according to information the Global Times found Thursday in the National Enterprise Credit Information Publicity System.
Source: Global Times | 2018/12/27 22:28:39

UK's Huawei concerns show 'deep prejudice'

Rising concerns in the UK over China's Huawei Technologies reflect local authorities' deep-rooted pride and prejudice, as well as anxiety and confusion, Chinese Ministry of National Defense spokesperson Wu Qian told a press conference on Thursday.
Source: Global Times | 2018/12/27 22:08:39

Reform and opening-up: a life-changing experience that creates miracles with no end

Growing up in a small city in North China's Hebei Province in the the 1990s, I lived my life just like my peers around me: studying hard and creating a rich, happy life by working hard.
Source: Global Times | 2018/12/27 18:56:42

2018, a struggling but inspiring year for Chinese tech giants

Chinese technology companies have become much more anxious about the business environment in 2018, compared to previous years.
Source: Global Times | 2018/12/27 18:56:26

Fate in balance for GM Ohio plant

Tesla Inc Chief Executive Elon Musk has raised hopes again that he could ride to the rescue of a threatened General Motors Co (GM) car plant at the center of a political storm about auto jobs.
Source: Reuters - Global Times | 2018/12/27 18:43:40

Winter merchandise sales

A train attendant introduces licensed merchandise for the Beijing Winter Olympics in 2022, on a high-speed bullet train between Beijing and Shanghai that is about to depart from Beijing South Railway Station on Thursday. The launch event for the licensed products was held on the train, and the products are open for sale to passengers from Thursday. Photo: IC
Source: IC | 2018/12/27 18:43:39

China stocks mark 4-year closing low as Sinopec suspensions spook market

Chinese shares marked their lowest close in four years on Thursday, dragged down by Sinopec which fell after media reported that the State-owned oil giant had suspended two top executives at its trading arm.
Source: Reuters-Global Times | 2018/12/27 18:38:39

London copper price recovers from 3-month lows, but growth concerns limit gains

London copper prices rose on Thursday as the market recovered from its lowest levels in three months on the back of a broad-based rally in financial and commodity markets, although gains were limited by global growth concerns.
Source: Reuters-Global Times | 2018/12/27 18:33:40

Dollar bounces on Wall Street rally

The dollar retained most of its overnight gains on Thursday but was off its peak for the week so far amid thin volumes, as signs of easing trade tensions and strong US economic data sent Wall Street stocks and Treasury yields higher.
Source: Reuters-Global Times | 2018/12/27 18:33:39

International Regimen Ice and Snow Festival opens in Arxan

The opening ceremony of the 13th China Arxan International Regimen Ice and Snow Festival was held in Arxan, Hinggan League, Inner Mongolia Autonomous Region on December 21.
Source: Global Times | 2018/12/27 16:48:39