China as a market for international firms is growing in size and importance by the day. Doing business here, however, can still be a huge pain. At least that is the view of European companies operating in the country, according to a ...
A Boeing executive told journalist that the new regulation by China to lift tax rate on imported airplanes will not affect the company's sale in China as the minimum weight of a Boeing airplane is above 55 tons and the company has not had ...
Tags: Import Tax Rate, airplanes, Transportation
China's exports rose 7.2 percent year on year to US$190.73 billion in August, 2.1 percentage points higher than the 5.1 percent increase in July, the General Administration of Customs announced Sunday. Expanding exports signals that the ...
Tags: Economy Recovers
GlaxoSmithKline (GSK) has agreed to sell its nutritional drinks brands – the iconic Lucozade and Ribena – to the Japanese consumer goods firm Suntory Beverage & Food (SBF) for £1.35bn in cash. GlaxoSmithKline is to sell ...
Tags: Agriculture, Food
The performance of Associated British Foods' (ABF's) sugar division has disappointed City analysts, while its Primark business continues to shine. The UK bread market remained 'intensely competitive' with 'some pressure on margins', said ...
Tags: Agriculture, Food, bread market
The Chinese economy would maintain its sustained and healthy growth and China would stay on the path of reform and opening up, Chinese Premier Li Keqiang wrote in an article published in the Financial Times Monday. Under the headline ...
Tags: Economy, Healthy Growth
A new solar array, which could provide at minimum 20 percent of Piramal Glass's power, could be installed on a portion of the tailings site in the industrial park in the near future. While the idea is still in the discussion phase, per ...
Tags: Piramal Glass
Poor cement sales in Portugal and Angola have reduced Semapa s net profit by 52.3% year-on-year to Euro39.3m for the first six months of 2013 from Euro82.3m in the same period in 2012. Sales in Portugal fell by 15.2% to Euro82.2m for the ...
Tags: Construction, cement
Pascal Lesoinne, the chairman of the East African Cement Producers Association (EACPA), has denied that a cartel exists in the Tanzanian cement market. His comments arose at a press conference in Dar es Salaam following action by the ...
Tags: Construction, Cement
Associated British Foods plc issued updates prior to entering the close period for its full year results, 52 weeks to 14 September 2013, which are scheduled to be announced on 5 November 2013. The group’s adjusted operating profit ...
Tags: Primark, Apparel Stores
Our Rating: Performance, Ride & Handling 4 Comfort & Interior 4 Quality & Design 3.5 Value & Features 4 Safety 4 Green 3.5 The BMW X3 once had things its own way, but no more. Consumers’ insatiable thirst for luxury ...
Tags: BMW X3
Bangladesh’s Minister of Textiles and Jute, Abdul Latif Siddique, has said that single digit bank interest rates are necessary for smooth industrialization in the country. Inaugurating the “Textech, Dye and Chem and ...
Tags: Textiles, Lower Interest Rate
Peru’s National Superintendent of Customs and Tax Administration (SUNAT) has announced that it would strengthen monitoring and control actions to identify importers seeking to enter textiles and garments into the country at ...
Tags: Textile Imports
The National Audit Office, the spending watchdog, has described the government's welfare reforms as "overambitious" and hindered by the "limited functionality" of IT systems. It follows Department for Work and Pensions announcing further ...
Tags: Computer Products, software
Experts have called for reforms of public hospitals and more legislation on the pharmaceutical industry, after police revealed more details on Tuesday of suspected financial violations by GlaxoSmithKline China. The British pharmaceutical ...