A subsidiary of National Materials Group (Sinoma) is buying a 59.1% stake in German mining equipment firm Hazemag & EPR for US$137m. The Chinese state-owned cement equipment manufacturer and cement producer made the announcement in a ...
Tags: mining equipment, cement equipment, cement, Construction
After seeing its popularity decline, Yahoo's Internet portal in China has formally closed down, in a sign that e-commerce giant Alibaba Group is transitioning away from the brand. The portal went offline on Sunday. Its closure is rooted ...
Tags: Yahoo, webservice, Computer Products
Chinese company Yashili has received approval to establish a NZ$220m ($170.7m) infant formula production facility in Pokeno, New Zealand. The Waikato District Council gave clearance for the facility after a three-day hearing which was ...
Tags: Yashili, Infant Formula
State-owned Chinese oil giant Sinopec has taken its first step into Egypt's upstream sector with a $3.1 billion deal to buy a 33% stake in US-based Apache's assets there. The deal is the first under in a new global strategic partnership ...
Tags: Metallurgy, Mineral, Energy
Yesterday, Hong Kong and Mainland China inked the tenth supplementary agreement for CEPA, including 73 measures serving trade opening for the convenience of trade investment, which will further boost bilateral trade cooperation. Qualified ...
Sharply dropped share price of Kunlun Energy Co., Ltd. (SEHK: 0135) is expected to stop Singaporean sovereign wealth fund Temasek Holdings from investing more in it. Kunlun Energy, a subsidiary of PetroChina Co., Ltd. (SHSE: 601857 and ...
Tags: Metallurgy, Mineral, Energy
Sanan Opto-electronics Co., Ltd. (SHSE: 600703) said that it has been approved by government regulators for subscribing for shares offered by Formosa Epitaxy. As revealed earlier, wholly owned Xiamen Sanan Optoelectronics Technology Co., ...
Tags: Opto-Electronics, Electrical, Electronics
Chinese online 3C retailer JD.com required all of its employees to use Yixin, a mobile instant messaging (IM) tool similar to WeChat, when they conduct business communications. It said in an internal email on August 26 that in order to ...
Tags: JD, webservice
Xi'an Janssen Pharmaceutical Ltd., the biggest subsidiary of US healthcare giant Johnson & Johnson in the Chinese mainland, is expected to see days be harder in the future. It was established by Janssen-Cilag, a subsidiary of Jonson & ...
The Investment Commission approved for Chinese LED epitaxy manufacturer San'an Optoelectronic Co. to invest in Taiwan LED chip supplier Formosa Epitaxy Inc. (ForEpi). Cooperation between the two companies marks a new milestone and will ...
Tags: Formosa Epitaxy, Lighting
Taiwan's Ministry of Economic Affairs (MOEA) on August 29 approved the investment by China-based LED epitaxial wafer and chip maker Sanan Optoelectronics in Taiwan-based fellow maker Formosa Epitaxy with some conditions attached, according ...
Tags: Formosa Epitaxy, Lighting
MetLife Chile Acquisition, a subsidiary of MetLife, is planning to acquire all the issued and outstanding common shares held by US holders and American depositary shares of AFP Provida for $6.14 and $92.21 per share in cash respectively. ...
Tags: MetLife Chile, Service
Taiwanese prosecutors are investigating three of HTC's employees for stealing trade secrets to sell to Chinese firms and fraud, according to recent reports. HTC's research and development centre as well as the suspects' offices and homes ...
Tags: Computer Products, software, HTC
The UK-wide tour of Megger's hugely successful PAT testing roadshow, which provided a clear and concise explanation of the differences between Versions 3 and 4 of the IET Code of Practice (CoP3 and CoP4), has finally come to an end. Those ...
Tags: Security, Protection
The Qantas Group has reported a profit before tax of $192 million but issued a reasonably cautious outlook, despite which the company's share price rose by 14%. The group has strengthened its financial position, with positive net free ...