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SAIC Motor reports falling sales in first five months

SAIC Motor reports falling sales in first five months

2019-06-17 11:24

Shanghai-based SAIC Motor Corp. reported falling sales during the first five months of the year.

ANZ New Zealand CEO leaves bank due to investigation of personal expenses

ANZ New Zealand CEO leaves bank due to investigation of personal expenses

2019-06-17 11:19

Chief Executive of ANZ New Zealand, David Hisco, is leaving the company amid an internal investigation of personal expenses.

SAIC Motor reports falling sales in first five months

SAIC Motor reports falling sales in first five months

2019-06-17 09:52

Shanghai-based SAIC Motor Corp. reported falling sales during the first five months of the year.

Investigation into FedEx highlights rule of law in China

Investigation into FedEx highlights rule of law in China

2019-06-16 17:26

By launching an investigation into FedEx in accordance with legal procedures, China has demonstrated its adherence to the principle of the rule of law

Geely unveils 5G-powered smart bus

Geely unveils 5G-powered smart bus

2019-06-14 23:56

Chinese auto carmaker Geely unveiled a smart bus Friday assisted by the 5G mobile network in the city of Hangzhou.

China launches investigation into FedEx

China launches investigation into FedEx

2019-06-14 20:32

China's relevant government department has started an investigation into FedEx, delivering a notice of inquiry to FedEx China on Friday.

German carmaker BMW increases sales thanks to good business in China

German carmaker BMW increases sales thanks to good business in China

2019-06-13 16:06

In May, 181,888 cars of the BMW brand were sold, 4.6 percent more than in the same month last year, the German car manufacturer announced on Thursday.

Chinese railway firm refutes claim about its shareholders

Chinese railway firm refutes claim about its shareholders

2019-06-13 09:45

Africa Star Railways Operations Company on Wednesday refuted a Kenyan newspaper report that it has Kenyan shareholders.

Evergrande to build NEV bases in Guangzhou

Evergrande to build NEV bases in Guangzhou

2019-06-12 20:42

Property giant Evergrande Group has inked an agreement with the southern Chinese city of Guangzhou to build three bases for the production of NEVs.

Volkswagen teams up with Northvolt AB to produce battery cells

Volkswagen teams up with Northvolt AB to produce battery cells

2019-06-12 18:51

Volkswagen announced on Wednesday to invest some 900 million euros (1 billion U.S. dollars) in joint battery activities with Northvolt AB.

Axel Springer enters investor agreement with U.S. investor KKR

Axel Springer enters investor agreement with U.S. investor KKR

2019-06-12 16:47

According to Axel Springer, the offer by KKR would imply a value of Axel Springer of approximately 6.8 billion euros (7.7 billion U.S. dollars).

Foxconn Says Prepared to Move Apple Production Out of China if Necessary

Foxconn Says Prepared to Move Apple Production Out of China if Necessary

2019-06-12 15:00

Senior executives at Taiwan-based Foxconn sought to address investor uncertainty as it prepares for a leadership transition.

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