UK-based drinks company Diageo has reportedly said that it would challenge the claim by its Indian subsidiary United Spirits Ltd (USL) chairman Vijay Mallya, who alleged that Diageo failed to enter into a joint venture with him in the ...
Tags: emerging markets, Diageo, drinks
Smartphone brands in China are expected to enter a new phase of consolidation in 2016 as some vendors have sold their sub-brands or introduced new strategic partners, according to industry sources. Smartphone brands in China were active ...
Tags: Coolpad, Nubia, Smartphone
China has more than doubled its first round oil product export quotas to 20.93 million mt from a year ago to 27 refineries in 2016, industry sources told Platts Tuesday. It contrasted to the 9.75 million mt released for the same period ...
Tags: oil product, gasoline
Power supply shipments are expected to grow strongly beginning 2016 as demand for industrial power supplies starts growing rapidly and sales of consumer power supplies also start picking up. The growth is expected to help power supply ...
Tags: Power Supply, Delta Electronics
In China's financial hub Shanghai, kitchen stoves now use a new energy source: shale gas, a clean energy that travels more than 1,600 kilometers to the city's homes via a series of pipelines. China has recently made breakthroughs in shale ...
Tags: Shale Gas Industry
Logistics firm Sinotrans and CSC Holdings has become a wholly-owned subsidiary of the China Merchants Group. Sinotrans and CSC Holdings is now the biggest integrated logistics service provider with total assets of 100 billion yuan, or 16 ...
Ten defendants representing the Shanghai and Hebei branches of Husi Food Company, a former supplier to McDonald's, KFC and Pizza Hut, have stood trial on charges of producing and selling shoddy products. The ten people and the two ...
Tags: Fast Food Chain, Meat Scandal
Taiwan's leading machine-tool makers including AWEA and Goodway predict missed 2015 revenue targets.Taiwan's leading machine-tool makers, including AWEA Mechantronic Co., Ltd., Goodway Machine Corp., Kao Fong Machinery Co., Ltd., and ...
Tags: AWEA Mechantronic, Goodway Machine Corp, Processing Machinery
The International Telecommunication Union (ITU) Telecom World 2015 opened in Budapest on Monday with keynote addresses by ITU Secretary-General Zhao Houlin and Hungarian Prime Minister Viktor Orban. Zhao underlined that small and ...
Tags: ITU, Telecom World
A Chinese biotechnological company announced on Sunday it has developed the world's first 3D blood vessel bio-printer, which makes it possible to produce personalized functional organs. Sichuan Revotek Co., Ltd. based in Chengdu, capital ...
Tags: 3D Blood Vessel, Bio-printer
It's been reported that online financing and retail investment platform JD Finance, a subsidiary of JD.com, is preparing a 5-billion-yuan Series A funding round with a domestic IPO targeted in 2017. Media reports say the Series A will ...
Tags: Finance Solicits, JD
A listed Chinese herbal medicine maker on Thursday said its compound flu formula has received approval from the U.S. Food and Drug Administration (FDA) for clinical tests. The decision has paved the way for Chinese herbal medicine to ...
Tags: Chinese Herbal Medicine, FDA
The China Banking Regulatory Commission has revoked the private fund-manager licenses of 17 commercial banks. Media reports say the specific reason could be they had violated certain conditions under the Law on Commercial Banks, which ...
Tags: Fund-manager, Licenses
Craig Hadley, Victoria Plum’s former head of buying, has joined online-only home furniture brand MatalanDirect.com as buying director. Having being instrumental in leading Victoria Plum to unprecedented growth, Hadley has been ...
Tags: MatalanDirect, Furniture
Organic and natural products company Hain Celestial Group’s UK subsidiary has acquired Orchard House Foods, a supplier of fruit desserts, juices and ingredients in the UK. Orchard Foods was established in 1985 by Wellness Foods . It ...
Tags: Hain Celestial Group, Orchard House Foods, Agriculture