Michael A. Katz
China Mobile Reports Falling Sales, Profits
Michael A. Katz | | Oct 21, 2014 09:35 AM EDT |
The world's largest telecommunications company by subscriber reported declining profits for the fifth consecutive quarter, and a drop in sales for the first time in five years.
China Looks To Sell High-Speed Trains to California
Michael A. Katz | | Oct 21, 2014 12:19 AM EDT |
China is reportedly looking to sell high-speed passenger trains to the state of California with an eye on a bullet train project that will shuttle passengers between Los Angeles and San Francisco in less than three hours.
China Accused of 'Malicious' Attack on Apple's iCloud
Michael A. Katz | | Oct 20, 2014 03:36 PM EDT |
An anti-censorship watchdog has accused the Chinese government of conducting a "malicious" man-in-the-middle attack on Apple's iCloud data, saying that messages, photos and contacts "have been compromised."
WFP: China Must Do More to Help Worldwide Fight Against Ebola
Michael A. Katz | | Oct 20, 2014 12:34 PM EDT |
Where are the Chinese billionaires? The United Nations' World Food Programme (WFP) says that China's wealthy and its major corporations are not pulling their weight in the fight against Ebola.
China Expected to Supply Mexico with High-Speed 'Bullet' Trains
Michael A. Katz | | Oct 20, 2014 11:23 AM EDT |
China will likely begin supplying Mexico bullet trains through a consortium of four Chinese companies and four Mexican firms. It would mark the first time China has exported its high-speed trains.
China to Use Shame, Penalties to Punish Polluting Carmakers
Michael A. Katz | | Oct 16, 2014 10:22 AM EDT |
The Chinese government plans on using a combination of production limits and shame against automobile manufacturers that don't meet fuel mileage requirements.
Huawei Sales on Pace to Fall Short by $1.8 Billion
Michael A. Katz | | Oct 16, 2014 07:03 AM EDT |
Chinese telecommunications giant Huawei is on pace to fall $1.8 billion short of its own 2014 revenue forecasts based on the first-half sales estimates of CEO Guo Ping.
Breaking Baden: Hitler Was a Meth Head
Michael A. Katz | | Oct 15, 2014 11:10 PM EDT |
The German leader used crystal meth, and 73 other drugs, according to an upcoming documentary from U.K. broadcaster Channel 4.
China's Mainland Millionaires Expected to Double
Michael A. Katz | | Oct 15, 2014 04:13 PM EDT |
China now has 1 million millionaires, whose membership numbers could double over the next five years.
Chinese Walnuts Worth More Than Gold
Michael A. Katz | | Oct 15, 2014 11:18 AM EDT |
Chinese farmers are making a fortune selling walnuts, which are used as hand masssagers among the elite, and can fetch as much as $26,000 for a pair.
Chinese Firm Looks to Fasttrack Ebola Cure
Michael A. Katz | | Oct 14, 2014 07:00 PM EDT |
Sihuan Pharmaceutical Holdings Group, which has close ties to the Chinese military, is seeking approval for a drug that it claims can cure Ebola.
Costco Opens for Business in China
Michael A. Katz | | Oct 14, 2014 03:28 PM EDT |
Costco announced that it is opening an online store in China through Alibaba Group's Tmall online marketplace.
Ebola For Sale - The Website, That Is
Michael A. Katz | | Oct 14, 2014 01:05 PM EDT |
An opportunistic domain squatter is looking to capitalize on the Ebola epidemic by selling the rights to the website Ebola.com for what he says is a "reasonable" $150,000.
Traders Quit After Bank Bans Bad Behavior
Michael A. Katz | | Oct 13, 2014 07:00 PM EDT |
After introducing a policy of punishing traders who exhibit improper behavior, Deutsche Bank has seen some of its top talent walk out the door.
Trade Data Eases China's Growth Concerns
Michael A. Katz | | Oct 13, 2014 04:42 PM EDT |
Despite struggling to maintain its GDP growth rates for much of the year, China reported much higher-than-expected export and import data for September.
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