Business

Huawei Launches Cloud Open Labs for Innovation Collaboration

Ellie Froilan   | Aug 05, 2016 01:25 PM EDT

Huawei has launched Cloud Open Labs globally to build efficient networks and help operators to provide cloud services to users in real-time. read more

China’s Service Sector Moderately Declines in July: Caixin Survey

Girish Shetti   | Aug 04, 2016 10:35 AM EDT

Growth in China's services sector weakened in the month of July due to moderate activities witnessed across the service sector, Reuters reported, citing a private survey conducted by Caixin. read more

Bitauto’s Subsidy Yixin Capital Raises US$550 From Tech Consortium

Girish Shetti   | Aug 04, 2016 10:30 AM EDT

Bitauto Holdings Limited has announced that it has led a consortium to raise funds for its subsidiary unit Yixin Capital. read more

Poland in Talks With Air China to Sell Stake in LOT Airlines: Report

Girish Shetti   | Aug 04, 2016 10:24 AM EDT

Poland's conservative government is in talks with China's Air China to sell a substantial stake in the state-owned Polish airlines LOT Airlines. read more

Qualcomm Signs new Patent License Agreement With Oppo

Ellie Froilan   | Aug 04, 2016 12:47 PM EDT

Qualcomm and China's Oppo have signed a new 3G and 4G patent license agreement. read more

Chinese Firms Sit on US$1.2 Trillion Cash Pile

Marcel Woo   | Aug 03, 2016 10:27 PM EDT

With China's problem on weak economic expansion, Chinese companies are facing lesser investment opportunities resulting to an increase by 18 percent of cash holdings. read more

Chinese 5G Technology Likely to Play Major Role in Eeropean Telecom Sector

Iesha javed   | Aug 06, 2016 10:12 AM EDT

As China and the European Union (EU) moves in the same direction to bring cutting-edge 5G technology to the masses, there have been efforts to promote co-operation between both parties to work together to derive maximum benefit. read more

Defective Sunroofs Trigger Volkswagen Recall in China

Marcel Woo   | Aug 03, 2016 10:09 AM EDT

German carmaker Volkswagen is recalling 224 vehicles in China to check on their defective sunroofs, according to the General Administration of Quality Supervision, Inspection and Quarantine. read more

Top Tip for More Online Sales: Include a Photo of the Business Owner

Arthur Dominic Villasanta   | Aug 03, 2016 07:22 AM EDT

Participants preferred to buy the earrings from sites that showed a person or a building read more

Chinese Consortium to Acquire Caesars' Games Unit Playtika for $4.4 Billion

Ellie Froilan   | Aug 03, 2016 11:30 AM EDT

Chinese investors led by Shanghai Giant Network Technology Co. and e-commerce company Alibaba Group founder Jack Ma have agreed to acquire Caesars Interactive Entertainment’s online games unit Playtika Ltd. for $4.4 billion in cash. read more

IMAX Joins Wanda to add 150 Theaters in China

Ellie Froilan   | Aug 03, 2016 11:08 AM EDT

IMAX signed an agreement with Wanda Cinema Line that expands its footprint in China. read more

LeEco in Talks With Netflix for Content Cooperation Deal

Ellie Froilan   | Aug 03, 2016 10:31 AM EDT

LeEco has confirmed that it is in talks with Netflix for possible content cooperation deal. read more

New Beijing International Airport to Host China’s Top Airlines

Jenia Cane   | Aug 02, 2016 09:30 PM EDT

The new Beijing International Airport will be the new home of two of China’s major airlines – China Eastern and China Southern – as well as a number of SkyTeam Alliance members. read more

Hinkley Point: China' State Media Slams Britain's 'Suspicious Approach' Over Chinese Investment

Som Patidar   | Aug 02, 2016 07:58 AM EDT

Chinese state media on Monday criticized the British government for delaying Hinkley Point C nuclear power plant project. read more

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