12/23/2024 01:05:02 pm
12/23/2024 01:05:02 pm
Charissa Echavez | Jun 29, 2016 09:02 AM EDT
The sale process of KFC and Pizza Hut's operator Yum! Brands Inc. has been delayed, as potential bidders failed to submit their offers by the deadline, sources familiar with the matter revealed. read more
Ellie Froilan | Jun 29, 2016 10:06 AM EDT
Huawei will soon build a $350-million regional research and development center in Bangkok, Thailand. read more
Girish Shetti | Jun 29, 2016 08:34 AM EDT
Fosun Group, a Chinese international conglomerate and private investment company, will be seeking more investment opportunities in the United Kingdom and European markets, despite the ongoing volatility due to Britain's decision to leave the European Union, a move often shortened as Brexit. read more
Charissa Echavez | Jun 28, 2016 09:18 PM EDT
Tesla will be bringing its Model X 75D to China this coming July 2, according to local news outlet, making it the latest base model of the Chinese Model X lineup that includes 90D and P90D. read more
Girish Shetti | Jun 28, 2016 09:21 AM EDT
After weeks of hectic negotiations, Chinese company Midea Group is on the verge of acquiring German robotic company Kuka AG, people familiar with the matter said on Tuesday. read more
Som Patidar | Jun 28, 2016 08:47 AM EDT
The U.S. pharmaceutical giant Pfizer will set up a $350 million biotechnology plant in China's eastern Hangzhou city. read more
Ellie Froilan | Jun 28, 2016 07:06 AM EDT
HTC has announced that it will launch a new virtual reality (VR) subsidiary to secure the company's future. read more
Som Patidar | Jun 28, 2016 06:56 AM EDT
Chinese electronics manufacturer Skyworth is planning to expand its business in India by acquiring a plant in the northern part of the country. read more
Girish Shetti | Jun 27, 2016 09:17 AM EDT
Xu Jinghong, chairman of Tsinghua Holdings, has said the Chinese state-owned technology company plans to invest $7.5 billion in research and development (R&D) over the next five years. A substantial part of this R&D fund will go to the chip-making division of Tsinghua Unigroup. The move comes as China aims to compete with global chip makers. read more
Girish Shetti | Jun 27, 2016 10:07 AM EDT
LeVR Technology Ltd, the virtual reality division of Beijing-based LeEco Holdings Co Ltd, is reportedly set to receive funding amounting to more than 300 million Yuan ($45 million). The funding is led by Beijing China Bridge Capital Management Co Ltd. read more
Ellie Froilan | Jun 27, 2016 05:29 AM EDT
Hong Kong's finance chief has announced that the government will closely monitor the global economic and financial impact of Britain's exit (Brexit) from the European Union (EU). read more
Girish Shetti | Jun 27, 2016 05:16 AM EDT
American smartphone and electronics giant Apple Inc. inaugurated its first retail store in Macau on Saturday, increasing its number of retail stores to 41 in the Greater China region. The store is located in one of the shopping malls in an upscale Galaxy Macau resort. read more
Rina S. | Jun 27, 2016 02:31 PM EDT
China is planning to cut its coal production to contain environmental pollution in the country. It is also looking to weed out 'zombie' companies operating in the main polluting industries. read more
Charissa Echavez | Jun 27, 2016 01:58 PM EDT
Two major shareholders of real estate developer China Vanke Co. sought for an extraordinary shareholders meeting with the aim of ousting 10 of its directors including Chairman Wang Shi and President Yu Liang, the company said in a filing to the Hong Kong exchange. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more
