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Shanghai Daily,上海日报
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SAB investors back AB InBev takeover

A deal worth over US$100 billion to combine the world’s two biggest beer companies cleared its last major hurdle yesterday after the shareholders of SABMiller approved the takeover by Budweiser maker ...

September 29, 2016, Thursday

Online preference for apparel, footwear

Chinese consumers are more inclined to purchase apparel and footwear online, a Euromonitor International study showed yesterday. The 2016 Global Consumer Trends Survey by Euromonitor found that 95.8 percent ...

September 28, 2016, Wednesday

Marriott is world’s largest hotel chain

SEVERAL of the best-known names in travel are now united in one hotel company. Marriott International closed yesterday on its US$13 billion acquisition of Starwood Hotels & Resorts Worldwide, bringing ...

September 24, 2016, Saturday

DDGs dumping duties

CHINA’S Ministry of Commerce has decided to impose anti-dumping duties on distiller’s dried grains (DDGs) from the United States by requiring importers to pay a cash deposit on purchase. The domestic ...

September 24, 2016, Saturday

Shanghai Maling to buy SFF stake

AUTHORITIES in New Zealand yesterday gave the final go-ahead to the country’s biggest meat cooperative to sell a half stake to China’s biggest meat processor. Minister for Land Information Louise Upston ...

September 21, 2016, Wednesday

Hoping for good times again

Fireworks explode over Parisian Macao as part of the Las Vegas Sands development during its opening ceremony in Macau yesterday. Sands China, a subsidiary of Las Vegas Sands, throws open the doors of the US$3 billion Parisian just three weeks after another Las Vegas tycoon, Steve Wynn, opened his latest pleasure palace in the city. Monthly gambling revenues in Macau grew for the first time in over two years in August, inching up 1 percent. ...

September 14, 2016, Wednesday

Eldercare market promising

PERENNIAL Real Estate Holdings Ltd agreed to acquire 49.9 percent of Shanghai RST Chinese Medical Co Ltd for 735.5 million yuan (US$110 million), as the Singapore-based integrated real estate and health...

September 14, 2016, Wednesday

Agrium, Potash create new fertilizer giant

Canada’s Agrium Inc and Potash Corp of Saskatchewan Inc agreed to combine in a deal that would create a fertilizer giant with an enterprise value of about US$36 billion but also draw scrutiny from US ...

September 13, 2016, Tuesday

Horizon to buy Raptor

HORIZON Pharma will spend about US$800 million to buy Raptor Pharmaceutical and expand its portfolio of rare disease treatments, a growing area of focus for drugmakers. The Ireland-based drug developer ...

September 13, 2016, Tuesday

Irish food and drink exports set to surge

Irish food and drink exports to China are set to surge 50 to 60 percent to 1 billion euros (US$1.1 billion) over three to five years amid rising demand, the Irish Food Board said yesterday....

September 10, 2016, Saturday


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