Icahn Enterprises has announced its plans to acquire automotive service provider Pep Boys-Manny Moe & Jack for $1bn. The deal was announced after Japanese tire maker Bridgestone quit the race to acquire the company by announcing that ...
Tags: Pep Boys, automotive service
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 will not cut its domestic retail fuel prices when international oil prices fall below 40 U.S. dollars a barrel, the country's economic planner said on Wednesday. Previously, China set a ceiling for domestic retail fuel prices, which ...
Tags: Retail Fuel Pricing, oil products
December average retail pricing for 7W LED light bulbs (40W incandescent equivalents) in the China market increased 18.5% on month to CNY32.7 (US$4.9), while that for 9W models (60W incandescent equivalents) rose 0.6% to CNY33.7, according ...
A Chinese mainland spokesman has slammed the small bunch of Taiwan people who use money they made on the mainland to support secessionist activities for "Taiwan independence". "We will never tolerate those small number of people who make ...
Tags: Taiwan Investors, Zero Tolerance
China's economic growth is expected to be unchanged in the fourth quarter of this year, but an improvement is still distant due to property weakness and excess capacity, according to the latest report from UBS. The Swiss banking group ...
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
China's online retail volume is expected to outperform the rest of the world by reaching four trillion yuan (618 billion U.S.dollars) this year, Commerce Minister Gao Hucheng said Sunday. China has attained key targets outlined by the ...
Tags: Online Retail, Volume
Gigabyte Technology has become a sales agent for Nvidia's Quadro-series graphics cards in the China market and will partner with Intel to push customized PC products using the graphics card series, hoping to boost their sales in China's DIY ...
Tags: Graphics Cards, PC Product
China's economy has entered a "new normal" and those fretting over disappointing data in traditional sectors, will have to adapt. The structure of China's economy has changed and traditional measurements, including GDP growth and ...
Tags: economy, new Normal
22 Dec 2015 The manufacturer of Nurofen will be forced to pay millions of dollars in fines after a court found its packaging claims were misleading. The products in Reckitt Benckiser's Nurofen specific-pain range were advertised as ...
L.L.Bean will open its third store in Virginia in spring of 2016 at Lynnhaven Mall in Virgina Beach. The 16,700-square-foot store will feature an assortment of active and casual apparel and footwear, as well as outdoor lifestyle gear ...
Tags: L.L.Bean, third store, Sporting Goods
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
Baytree Interiors, which retails home accessories, lighting and furniture, has hired experienced interior designer Ella De Wastney to join its head office team based near Bedale. With over 25 years' experience in interior design, Ella ...
Tags: Baytree Interiors, designer, Furniture
December 21, 2015 Coca-Cola South Pacific has launched two new products in Australia, ‘Powerade Sports Drops’ and ‘Pump Drops’. Both products come in small containers which dispense drops of either Powerade drink ...
Tags: Coca-Cola, Powerade Sports Drops, Pump DropS, Food