With Chinese currency the yuan, also known as the renminbi, enjoying rising acceptance, banks and enterprises in the Gulf Arab region are seeking ways to catalyze the growing demand for conducting trade with the currency. "By the end of ...
Hyundai Motor, South Korea's Number One automaker, is expected to speed up a strategy of "localization " by expanding its production capacity in China after China-South Korea free trade agreement (FTA) is implemented. China and South ...
Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...
China's energy use has entered medium-low growth as the economy heads toward a more sustainable model, the country's energy planner said Thursday. China's primary energy consumption is expected to expand by an average 3.4 percent annually ...
Tags: Energy Use, Coal
China's economy is likely to grow at a medium-to-high rate under the "new normal", Economic Daily reported Justin Yifu Lin, a member of China's 12th CPPCC as saying on Monday. Under the "new normal", China has both the conditions and the ...
Tags: medium-to-high rate, new normal
Japanese beverage maker Suntory intends to double the revenue at Beam spirits business to $10bn over the next five years. The firm plans to leverage on the growing demand for drinks such as whiskey and bourbon. In addition, it is ...
Tags: Suntory, beverage maker
Electronics manufacturers are used to harsh cyclical downturns often caused by their reliance on unverified assumptions about industry fundamentals. Even the biggest chipmakers, OEMs and other leading supply chain players have fallen ...
Tags: industry fundamentals, Electrical
Nearly 15 years ago a number of industry players—manufacturers, distributors, retailers, contractors, software providers and others—got together and decided to start the process of bringing the industry’s technology into ...
Tags: B2B Web Services, distributors, retailers, contractors, Construction
Toyota Motor is planning to open two new assembly plants in China and one in Mexico, marking the end of its three-year freeze on building new vehicle assembly plants. Reuters reported Toyota's North American head Jim Lentz as saying that ...
Adidas AG plans to sharply ramp up its endorsements of NFL and MLB players in the next few years, Adidas North American President Mark King said in an interview with the Wall Street Journal. The report stated Adidas will sign as many as 250 ...
Tags: Adidas AG, MLB players, Sporting Goods
Schutt Sports, a leading manufacturer of football and lacrosse helmets, and Brain Sentry, a leader in the emerging wearable impact sensor market, today announced that Schutt will offer sensor-enhanced football helmets starting with the 2015 ...
Vodafone CEO Jeroen Hoencamp claims that high 4G speeds don't necessarily matter, and that many UK customers neither know nor care what 4G is. In recent years, Vodafone has had to play second fiddle to EE when it comes to peak 4G speeds. ...
Tags: Vodafone, Consumer Electronics, 4G
Sony Pictures has revealed it was largely unprepared for the hacking attack that took place last year. Michael Lynton, the chief executive of the firm, spoke to the Associated Press, describing the firm as being a ‘canary in the ...
Tags: Sony, Consumer Electronic, CES
The Canadian toy company has embarked on a successful journey with Latham Gaines, inventor of Nitro Grinders. Canadian toy company Tech 4 Kids has revealed that some of its “very biggest and most important projects” are coming ...
Tags: toy businesses, Toys