China's real estate sector showed signs of warming in November as new home prices rose on a monthly basis in an increasing number of cities, buoyed by government policies. Of 70 large and medium-sized cities surveyed in November, new home ...
Toshiba Corp. said on Saturday its group net loss for the business year ending in March will far outweigh that of the previous year's and may top its record of 398.8 billion yen (3.29 billion U.S. dollars) logged in the year through March ...
Tags: Toshiba, Record Losses
The spat between China's largest property developer Vanke and its current biggest shareholder Baoneng Group has continued to heat up. Vanke's President Yu Liang says the company is facing a "hostile takeover". Last week, Chairman Wang ...
The Chinese government will make fiscal policy more forceful and monetary policy more flexible to keep growth in a proper range in 2016, an official statement showed Monday. "China's current proactive fiscal policy needs to be more ...
Tags: fiscal policy, monetary policy
Scandal-plagued Toshiba Corp. on Monday unveiled wholesale restructuring plans in an aggressive move to return the ailing electronics firm to profitability which will include some 7,800 jobs being slashed from its workforce. The firm ...
Nautilus Inc., a maker of home fitness equipment, promoted Jeff Collins to vice president, general manager retail. In his new role, Collins will continue leading the company’s strategic initiative to grow the retail channel ...
Tags: Nautilus Inc., Sporting, Recreation
Lectra, a world leader in integrated technology solutions dedicated to industries using soft materials, has announced the appointment of Burak Susoy as director for Lectra Turkey and the Middle East. Turkey and the Middle East are regions ...
Tags: Lectra, Burak Susoy, Furniture
Herbert Hainer, Adidas Group CEO, said for the first time that Adidas may explore “alternatives” to its long sponsorship of FIFA if soccer's world governing body does not reform itself. "If FIFA succeeds in reforming itself -- ...
Tags: Adidas, FIFA, Sporting Goods
Australian supermarkets giants have confirmed they source seafood from a company implicated in the usage of indentured slave labourers for prawn peeling. Coles, Woolworths and Aldi supermarkets have each confirmed that they have sourced ...
Archer Daniels Midland Company (ADM) will purchase 50% stake in Egypt-based Medsofts Group. Together, the companies will own and manage supply chain and merchandising operations of grains, oilseeds, and soft commodities. The new joint ...
The two will develop multi-platform content inspired by Mattel hit Bob the Builder, Fireman Sam, Little People and Polly Pocket properties. Mattel has entered into a long-term partnership with DHX Media to develop and distribute a raft of ...
Facebook is rolling out an update for its iOS app, which aims to better inform users what’s going on in their area. The update to the Events section allows users to search for events in their location, rather than wait for ...
Tags: Facebook, iOS app, Consumer Electronics
The development of self-driving car technology may have received a major blow after California outlined proposals for tough new legislation. Under the proposed regulations, any automated cars on the road in the US state would have to have ...
Pollard Boxes will showcase a range of products at Packaging Innovations 2016. The company will display a range of solutions that enable products to be revealed gradually, helping to create a sense of excitement and anticipation among the ...
Dark chocolate energy supplement Energems has been accepted into membership with the Council for Responsible Nutrition (CRN). The recognition marks a major accomplishment for the retail product, which began a branded product launch ...
Tags: Dark chocolate, CRN, Food