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Chinese auto maker JAC establishes JV with U.S. engine manufacturer Cummins
China's Anhui Jianghuai Automobile Co. Ltd. (JAC Motors) has established a joint venture with U.S. engine manufacturer Cummins, JAC said Friday.
U.S. clothing retailer GAP to shutter large store in NYC
U.S. apparel retailer GAP will shut down a three-story store at one of the prime commercial areas in midtown of New York City (NYC) in January 2019.
Vinci Airports to hold majority stake in British Gatwick Airport
France's Vinci Airports will take a majority stake in Gatwick Airport, British second busiest airport, sources said on Thursday.
Beijing Shunxin new Official Sponsor of Beijing 2022
Beijing Shunxin Agriculture Co. Ltd. became the latest Official Sponsor of the Olympic and Paralympic Winter Games Beijing 2022.
Former Sinochem GM sentenced to 12 years for graft
Cai Xiyou, former general manager of state-owned chemical firm Sinochem Group, was sentenced to 12 years in prison Wednesday for taking bribes.
Ant Financial mulls to buy UK World First for USD700mln, report
Ant Financial mulls to buy World First, the UK-based foreign exchange company, for 700 million U.S. dollars.
State-owned department store chains to merge amid SOE reform trend
Guangzhou Grandbuy Co announced its controlling shareholder has agreed to acquire a 100 percent stake in rival chain Guangzhou Friendship Group Co.
Saudi Aramco creates retail company for downstream business
Aramco announced the creation of a wholly-owned subsidiary to expand its network of domestic fuel retail stations in the kingdom.
Amazon announces record sales for holiday season in 2018
U.S. e-commerce giant Amazon announced "a record-breaking holiday season" as tens of millions of people have signed up for its Prime membership.
HNA in talks to sell Ingram Micro to ApollO Global
Chinese conglomerate HNA Group Co. is in discussions to sell Ingram Micro Inc to private-equity firm Apollo Global Management LLC.
Chinese steel trader to purchase iron ores at RMB1 bln from Rio Tinto
China National Minerals Co., Ltd.(MINCO) will purchase iron ores at nearly 1 billion yuan from a subsidiary of Rio Tinto Group.
CreditEase backing inclusive finance with cutting-edge tools
Fintech conglomerate CreditEase is exploring measures to help small businesses to gain access to financing and embrace digital transformation.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
