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U.S. arrest 5 former VW managers over diesel emissions fraud
The U.S. government has issued international arrest warrants for five former managers and technological developers of Volkswagen.
Foxconn to invest 3.65 bln USD in new industries in Kunshan
Taiwan's tech giant Foxconn on Friday signed a strategic cooperation agreement to invest 25 billion yuan in new industries in the city of Kunshan.
China's Geely acquires 49.9-pct stake in Malaysia's carmaker Proton
China's Zhejiang Geely Holding Group on Friday signed an agreement to acquire a 49.9-percent stake in Malaysia's carmaker Proton.
Cainiao to launch key storage fund
Cainiao Network Technology Co Ltd, has announced the establishment of a logistics storage fund with a leading Chinese insurer.
Wanda buys key site in S London
Chinese real estate giant Wanda closed a 470 million pound deal to buy a major piece of land in South London's Nine Elms area on Wednesday.
Baidu to integrate AI technologies into financial services
China's internet leviathan Baidu has announced its plan to upgrade the company's financial services by using artificial intelligence (AI).
BOC, Tencent establish joint laboratory of financial technology
Bank of China (BOC), one of the country's big four state-owned lenders, and Tencent have established a joint financial technology laboratory.
Foxconn said to eye several US states as site of new mega plant
The US states of Wisconsin, Michigan, and Pennsylvania are reportedly vying hard to become home to a major new Foxconn plant e.
Mengniu invests big in farm titan
China Mengniu Dairy Company has invested more than 5 billion yuan ($73.2 million) in Modern Farming Group Co Ltd.
Chinese company signs deal to build Bangladesh's dual-gauge railway line
A leading Chinese company has signed an agreement to lay a dual-gauge track on the capital Dhaka-adjacent Narayanganj district route.
China's State Grid completes purchase of Greek power grid operator stake
The State Grid Corporation of China has completed purchase of a 24-percent stake in Greece's power grid operator, ADMIE.
Toshiba negotiate solely with gov't-led consortium over sale of chip unit
Toshiba Corp. said Wednesday it will conduct negotiations solely with a government-led consortium over the sale of its prized memory-chip unit.
Shantytown redevelopment may attract RMB13 trln yuan investment
China strengthens supervision mechanism to promote SMEs development
Pilot on commercial pension care insurance to cover whole country
Central bank unlikely to maintain too loose monetary policies
