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Shanghai Daily,上海日报

Consumer


Vintage but expensive Spitfire

A Vickers Supermarine Spitfire Mk 1A aircraft is pictured outside the Churchill War Rooms in central London yesterday during a photocall ahead of its sale by Christie’s auction house. The Spitfire will be auctioned in London on Thursday, and is expected to fetch in the region of 1.5 million to 2.5 million pounds (US$2.3 million to US$3.9 million). — AFP ...

July 4, 2015, Saturday


BASF’s online store

GERMAN chemical group BASF yesterday became the first multinational company to open an online store on Alibaba to sell products to small and medium-sized enterprises. “SMEs account for 99 percent of the ...

July 1, 2015, Wednesday


Rio Tinto eyes record prices for diamonds

SIXTY-FIVE extremely rare pink and red diamonds were unveiled yesterday by mining giant Rio Tinto which expects the stones from a remote western Australia mine to fetch record prices. The diamonds come ...

June 27, 2015, Saturday


Chinese ad spending set to power ahead

GLOBAL advertising expenditure is forecast to grow by a lower 0.2 percentage points to 4.2 percent this year, and China is set to more than double the pace of the increase in global advertising spending, ...

June 25, 2015, Thursday


Uber partnership

COMMERCIAL real estate developer SOHO China Ltd said yesterday that it has formed a partnership with taxi-hailing app Uber. Under the deal, SOHO China will provide Uber with tailor-made office space at ...

June 25, 2015, Thursday


Price cuts on 7 Estee Lauder brands

THE Estee Lauder Companies announced price reductions for all seven of its brands from July 1 after the Chinese government said it will cut tariffs on imported skincare products and cosmetics from June ...

June 24, 2015, Wednesday


Partners to focus on private labels

BAILIAN Group Co and Wangfujing Department Store said they set up a 48 million yuan (US$7.7 million) joint venture with supply chain management and retail company Li & Fung Trading (China) Holding Ltd. ...

June 24, 2015, Wednesday


Retailers need to invest in online tech

CHINESE retailers need to invest in mobile and social media in order to offer consumers “a convenient retail experience,” Oracle, the world’s biggest enterprise software vendor, said in an industry report ...

June 24, 2015, Wednesday


Foreign funds hailed in e-commerce

CHINA has decided to give foreign investors greater freedom in the booming e-commerce industry by allowing ...

June 20, 2015, Saturday


Coke China achieves 100% water replenishment ahead of schedule

COCA-COLA China announced yesterday that, with an independent third-party verification, it met its 2020 water replenishment goal at the end of 2014. By joint efforts with its partners and through a wide ...

June 18, 2015, Thursday




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