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China's liquor makers slowed down sales in Q3
The Kweizhou Moutai Group and the Wuliangye Group disclosed their lower-than-expected revenue and profit growths in the third quarter recently.
Amazon donates 100 million USD to charity in 5 years
Amazon announced Monday that it has donated $100 million to charitable organizations through the AmazonSmile program since its launch five years ago.
Ping An Insurance net profit up 19.7 pct in first three quarters
Ping An Insurance (Group) Company of China Monday announced that its net profit rose 19.7% y-on-y in the first three quarters, to 79.4 billion yuan.
IBM to acquire Red Hat, shares down 3 pct
IBM is acquiring Red Hat, the world's leading provider of open source cloud software, in a deal valued at about 34 billion U.S. dollars.
IBM to buy Red Hat in largest software acquisition deal
IBM on Sunday announced its plan to buy software maker and open source enterprise Red Hat for $34 bln in the largest software acquisition deal.
Tianqi Lithium expected to close deal of SQM stake purchase by year-end
Tianqi Lithium Co., Ltd is expected to close the deal of buying stakes held by Nutrien Ltd in Sociedad Quimica y Minera S.A. (SQM),
Swiss tech giant ABB to build new robotics factory in Shanghai
ABB on Saturday announced an investment of 150 million U.S. dollars in Shanghai to build a new advanced robotic factory where "robots make robots."
Morocco to become major production center for Renault: CEO
Morocco will become a major production center for the French car manufacturer Renault in the coming few years.
China Vanke reports a 28.3-percent increase in net profits in Q3
China’s largest property developer, the China Vanke Co., Ltd., released its third-quarter financial report, showing a 28.3% surge in its net profits.
Silicon Valley startup raise $30mln to develop auto radar technology
Nio Capital has helped Silicon Valley startup Innovusion Inc. raise 30 million U.S. dollars to develop radar technology for autonomous vehicles.
Apple, Samsung fined in Italy for "planned obsolescence" of phones
Apple and Samsung were fined for taking what are seen as illegal steps to force customers to buy new replacement phones sooner than they would have.
UBS reports huge wealth generated by China, warns against trade tensions
Swiss investment bank UBS recognized China's increasing role in wealth generation due to rigorous innovation and entrepreneurship.
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