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China to recycle waste from Pacific countries

The China Navigation Company (CNCo) and the Secretariat of the Pacific Regional Environment (SPREP) signed a memorandum of understanding (MoU) on Wednesday to address critical waste management issues in Pacific islands.
Source: Xinhua | 2018/3/21 14:39:55

Ping An Insurance net profit up 43 pct in 2017

Ping An Insurance (Group) Company of China, Ltd. Tuesday announced that its net profit rose 42.8 percent year on year in 2017 to 89.1 billion yuan (14.1 billion US dollars).
Source: Xinhua | 2018/3/21 7:49:40

Foxconn to start US Wisconsin project within 60 days

Tech giant Foxconn on Tuesday announced plans to begin construction of its flat panel display manufacturing complex in the central US state of Wisconsin within 60 days.
Source: Xinhua | 2018/3/21 7:48:31

US regulator probes Facebook over data misuse: report

The US Federal Trade Commission (FTC) is probing Facebook over whether it violated terms of a consent decree over its use of personal data, according to Bloomberg News citing a person familiar with the matter.
Source: Xinhua | 2018/3/21 7:48:16

Uber, Careem to appeal Egypt court's banning order

Uber and Careem taxi services operating in Egypt said Tuesday that they will appeal the court order banning their services to a higher court in the country.
Source: Xinhua | 2018/3/21 7:46:43

"Made in China" e-buses to be used in world's 1st all-electric long-distance routes

German intercity bus company FlixBus is investing in e-buses produced by Chinese bus makers, and planning to test them on their long-distance routes for the first time in the world.
Source: Xinhua | 2018/3/21 7:45:20

Headquarters of BMW, Volkswagen searched by German prosecutors

Both headquarters of German carmakers BMW and Volkswagen have been searched on Tuesday by German prosecutors.
Source: Xinhua | 2018/3/21 6:24:19

Boeing sells latest 737 MAX 10 jets to first East European customer

US aerospace leader Boeing Company announced Tuesday that it has struck a deal with Ukraine's new airline, SkyUp, to sell five 737 MAX aircrafts to help grow its Boeing fleet.
Source: Xinhua | 2018/3/21 6:24:02

Egypt court bans Uber, Careem taxi services

An Egyptian court decided on Tuesday to ban the Uber and Careem taxi services from operating in the country based on a lawsuit filed by a group of traditional taxi drivers, official MENA news agency reported.
Source: Xinhua | 2018/3/20 22:34:54

Mainland firms flock to US stock market as some shun A-share listing despite govt encouragement

Mainland companies are seeking listings on the US stock market at a time when the Chinese government is launching measures to attract them to get listed on the A-share market.
Source: Global Times | 2018/3/20 22:18:40

Pioneer cities support formation of more urban clusters: PwC

Beijing, Shanghai, Guangzhou and Shenzhen are serving as focal points for the formation of prosperous urban clusters, and these areas can support the emergence of other such clusters around China's aspiring cities to promote coordinated regional development, a report released by consulting firm PwC showed on Tuesday.
Source: Global Times | 2018/3/20 22:18:39

SAIC Motor to invest $767m in India market: reports

Chinese auto manufacturer SAIC Motor, one of the first to step into the vehicle industry in the Indian market, is accelerating its investment there to keep ahead of its Chinese competitors.
Source: Global Times | 2018/3/20 22:13:40

Jet completes display flight

China's domestic regional jetliner ARJ21-700 successfully completed its first display flight in North China's Inner Mongolia Autonomous Region on Tuesday, said a press release the Commercial Aircraft Corp of China (COMAC) sent to the Global Times.
Source: Global Times | 2018/3/20 22:08:41

Panda bonds in Philippines

The Central Bank of the Philippines said that the country is scheduled to issue its inaugural 1.46 billion yuan ($230 million) worth of panda bonds starting on Tuesday, the Xinhua News Agency reported Monday.
Source: Global Times | 2018/3/20 21:58:40

AI, blockchain can offer room for China-Ireland cooperation

Artificial Intelligence (AI) and blockchain were among the most interesting topics raised in the Government Work Report delivered at the 13th National People's Congress, a senior executive from the Ireland Investment and Development Agency (IDA) said.
Source: Global Times | 2018/3/20 21:48:39

HNA sells assets across China

HNA Group reportedly sold one of its projects in South China's Hainan Province to Guangdong-based R&F Properties, domestic news site said on Tuesday.
Source: Global Times | 2018/3/20 21:43:41

Figuratively Speaking

People Northwest China's Xinjiang Uyghur Autonomous Region has supplied electricity to since 2010, said the Xinjiang branch of State Grid Corp of China.
Source: Global Times | 2018/3/20 21:38:40

Possible projects in Panama

Construction companies from Spain, Italy and China are interested in public-works projects in Panama, Vice President Isabel Saint Malo told Reuters, filling a gap left by Brazil's Odebrecht, which is banned from tendering in the wake of a graft scandal.
Source: Agencies-Global Times | 2018/3/20 21:38:39