Ford Motor Company is changing its method for reporting pension and other postretirement employee benefits (OPEB) to provide a clearer view of Ford's operating performance and segment results. "Ford has delivered consistently strong ...
Tags: Ford Motor, OPEB Plans
China's economy is going through a series of historic transitions, and recent short-term market volatility will prove temporary, experts attending the World Economic Forum (WEF) Annual Meeting 2016 said on Thursday. The Chinese government ...
Tags: Economy Transitioning, Economy
China will set up more cross-border e-commerce pilot zones, the State Council announced Wednesday. The zones will attract businesses, help create jobs and nurture new business models to boost foreign trade and stimulate the economy, ...
Tourism authorities in Hong Kong and Guangzhou have signed agreements in Hong Kong on Wednesday to crack down on low-cost tours and forced shopping. Authorities will publish a list of some 40 travel agencies in Guangzhou who operate tours ...
Tags: Low-cost Tours
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 Party chief and president of China Telecom is being investigated for possible "serious violations of discipline", the euphemism for graft, the top anti-corruption authority said yesterday. The Communist Party of China Central ...
Tags: China Telecom, Graft Probe
It's been about half a year since the idea of Internet Plus Strategy was raised by Chinese Premier Li Keqiang. The strategy is an action plan to integrate the mobile Internet, cloud computing, big data and the Internet of Things with modern ...
The State Council, China's Cabinet, on Wednesday decided to improve broadband in rural and remote areas. Stronger telecom services will help attract investment and fuel coordinated development, narrowing the gap between urban and rural ...
Tags: Telecom Services, Remote Areas
The world's fastest two-seat, pure-electric sports car is to be delivered to a customer in China within weeks, the vehicle's builder revealed Friday. The lucky owner will be able to reach 100 km/h from idle in just 3.9 seconds and hit a ...
Too much TV and not having enough physical exercise as a young adult were associated with worse cognitive function 25 years later in midlife, showed a study published online Wednesday by U.S. journal JAMA Psychiatry. Researchers at the ...
Tags: TV, Cognitive Function
The China-initiated Asian Infrastructure Investment Bank (AIIB), a complement to existing international financial system, was formally established Friday in Beijing and expected to start operation early next year. "The AIIB is legally ...
Tags: AIIB
ICV Partners (ICV) announced today that it has completed the sale of Stauber Performance Ingredients, a leading distributor of nutraceutical ingredients, to Hawkins, Inc. (Nasdaq: HWKN), for $157m. Founded in 1969, Stauber offers ...
Finnish disposable packaging manufacturer Huhtamki has agreed to acquire Fiomo, a multi-layer flexible packaging foils producer in Czech Republic. The transaction, which is expected to be finalized in early 2016, is valued at around 28m. ...
The decision by the International Monetary Fund (IMF) to confer the reserve currency status on China's renminbi (RMB), "is good news," a former Chilean diplomat said. "It's good news because it acknowledges the role that the Chinese ...
Tags: RMB's Upgrade, Reserve Currency
Shen Hao, former president of 21st Century Media Co. Ltd., was sentenced to four years in prison on Thursday for blackmailing companies by threatening negative coverage. Shen was convicted of extortion and forced transactions, among other ...