05/05/2024 08:42:26 am
05/05/2024 08:42:26 am
Praveen Patil | Nov 04, 2016 04:01 PM EDT
Howard Schultz, the CEO of Starbucks, has announced that the company's Chinese stores are the most efficient and profitable following the annual profits announcement by the US coffee retail giant. read more
S. Rina | Nov 04, 2016 03:21 PM EDT
Russia and China have collaborated to develop a new passenger airliner. A model of the airliner was presented at Airsho China-2016, held in Zhuhai, China this week. read more
S. Rina | Nov 04, 2016 03:48 PM EDT
Marks & Spencer Group Plc may close some of its stores in China as the company looks to trim its loss-making outlets. read more
S. Rina | Nov 04, 2016 03:44 PM EDT
Yum China Holdings debuted in New York on Tuesday, marking the first day of trading after the spinoff. The stock traded under the ticker symbol YUMC and gained nearly 10% during the trading session. The China division of the brand was hived off owing to the pressure from activist shareholders. Yum China owns the Pizza Hut and KFC brands in China. read more
S. Rina | Nov 02, 2016 02:16 PM EDT
Internet giant Alibaba posted encouraging results for its second quarter. The company also reported an increase in its China revenue, underscoring the return of prosperity to the local economy. read more
S. Rina | Nov 02, 2016 02:02 PM EDT
Swedish carmaker Volvo and Chinese auto company Geely have unveiled their jointly-owned plant in Taizhou. The plant will be operated by Volvo. It will be used for producing compact cars using the Compact Modular Architecture (CMA) platform. read more
S. Rina | Nov 02, 2016 01:42 PM EDT
Evergrande, China's second-largest property developer, is in talks with UK housebuilder Cala Homes. read more
Ellie Froilan | Nov 02, 2016 01:24 PM EDT
After the completion of the spinoff of Yum Brand’s China unit, Yum China Holdings Inc. shares has increased on the first day of trading on the New York Stock Exchange by eight percent read more
Charissa Echavez | Nov 02, 2016 06:50 AM EDT
European aircraft maker Airbus Group announced that its all new finishing and delivery facility in Tianjin will begin to deliver A330 aircraft in September 2018. read more
S. Rina | Nov 02, 2016 12:29 PM EDT
House-sharing company Airbnb announced that it is spinning off its China unit into an autonomous business. The company claims that it is enjoying booming popularity among Chinese travelers. read more
Charissa Echavez | Nov 02, 2016 01:01 AM EDT
China Eastern Airlines Corp. will be the Commercial Aircraft Corporation of China (COMAC)'s first customer to take delivery of the home-made C919 single-aisle passenger aircraft, which is scheduled to make its first test flight later this year or early next year, COMAC announced on Tuesday. read more
Charissa Echavez | Nov 01, 2016 10:46 PM EDT
Buick revealed on Monday the first recipient of its Avenir name, the China-only GL8 minivan. read more
Charissa Echavez | Nov 01, 2016 09:30 PM EDT
Aircraft maker Airbus Group revealed on Tuesday its 20-year forecast for China's aircraft demand, with the country estimated to need about 6,000 aircraft worth $945 billion, the company said at the Zhuhai air show. read more
Charissa Echavez | Nov 01, 2016 08:49 PM EDT
Russian Helicopters, a subsidiary unit of Russia's state technology holding Rostec, has closed a deal with China, selling at least 18 helicopters including Mi-171s, Ka-32s, and Ansat. read more
Charissa Echavez | Nov 01, 2016 03:36 AM EDT
Apple has now included China's Alipay as one of its payment method options for iTunes. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more
