12/23/2024 07:13:15 pm
12/23/2024 07:13:15 pm
Ellie Froilan | May 30, 2016 05:02 AM EDT
In celebration of its 75-year partnership with the United Service Organizations (USO) and Memorial Day, Coca-Cola is launching a limited-edition red, white, and blue can. read more
Charissa Echavez | May 30, 2016 02:11 PM EDT
Amid the threat of the Zika virus as well as economic and political turmoil, Louis Vuitton showcased its latest cruise collection in the Brazilian port city Rio de Janeiro on Saturday. read more
Charissa Echavez | May 30, 2016 11:29 AM EDT
American automotive firm General Motors and its Chinese partners defied China's economic slowdown by selling nearly 277,979 units in April, up 7.5 percent from the previous year. read more
Charissa Echavez | May 30, 2016 10:55 AM EDT
Footwear maker Adidas is transferring its manufacturing facilities from Asia back to Germany. However, a boost in jobs in the European nation is unlikely as the factory will be operated almost entirely by robots. read more
Rina S. | May 29, 2016 10:17 AM EDT
Chinese business tycoon Wang Jianlin inaugurated a new "Wanda City" in Nanchang on Saturday, signaling corporate war with Disney. The theme park features rides, an aquarium and shopping centers. The city is said to have cost more than $3 billion. A statement released by the group claims that the park has "the highest and longest roller coaster and the highest drop tower in China." read more
Charissa Echavez | May 28, 2016 06:16 PM EDT
Adidas announced on Friday that it will be putting its sportswear brand Mitchell & Ness on the market to focus completely on its core brands. read more
Charissa Echavez | May 28, 2016 05:21 PM EDT
Retail clothing store H&M has announced that it will work with trade unions and other global entities like the United Nations to improve its workers' conditions following reports criticizing the state of the company's garment factories across Asia. read more
Charissa Echavez | May 28, 2016 05:13 PM EDT
Asia Brewery Inc. (ABI) has signed a joint venture on Friday, May 27 with Dutch beer maker Heineken International B.V. to brew Heineken brands locally, an addition to ABI's varied beer portfolio. read more
Girish Shetti | May 28, 2016 11:43 AM EDT
Chinese construction equipment maker Zoomlion Heavy Industry Science & Technology Co. announced on Friday that it has given up on its pursuit to acquire US-based Terex Corporation. The proposed acquisition talks failed after six months of negotiations. read more
Rina S. | May 27, 2016 01:34 PM EDT
China's major industrial firms reported a 4.2 percent increase in their profits in the month of April, down from the 11.1 percent increase reported in March. read more
Rina S. | May 27, 2016 01:03 PM EDT
The People's Bank of China has weakened the Yuan to the lowest level since March 2011. read more
Jenia Cane | May 26, 2016 10:37 AM EDT
US-based Qualcomm Inc. has committed to significantly increase its investment portfolio in China in its bid to expand the company's server chip business in the mainland. read more
Jenia Cane | May 26, 2016 10:30 AM EDT
Prospects look bright for China's big data industry, as the Central government vowed to establish a more transparent and equal playing field that will attract increased foreign investments into the sector. read more
Charissa Echavez | May 26, 2016 04:27 PM EDT
Smartphone maker Lenovo on Thursday posted its first loss in six years, with earnings dragged down by the costs of acquisition and restructuring as well as weak sales of smartphones and personal computers. 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
