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National carbon market in 2016

China will open a nationwide carbon market in 2016 to help the government reduce emissions by 2030, the National Development and Reform Commission yesterday said in Beijing....

November 26, 2014, Wednesday


Yili’s factory opens in NZ

Chinese dairy giant Yili’s first major plant abroad was officially opened in New Zealand’s South Island yesterday with the announcement that it will almost triple its investment in the factory by 2019....

November 26, 2014, Wednesday


Health care firms stand out in 2014 for M&As worth US$438b

In a big year for deal making, the health care industry is a standout....

November 25, 2014, Tuesday


Wallenberg scion ponders family dynasty’s future

Jacob Wallenberg, the 58-year-old head of one of Europe’s most enduring family dynasties, is trying to work out how the empire controlling much of Sweden’s economy could look with a woman or someone without the family name at the helm....

November 24, 2014, Monday


Ultra-rich club sees further climb in wealth

A bare 0.004 percent of the world’s adult population controls ...

November 22, 2014, Saturday


HK collector makes sparkling buy

A Hong Kong buyer has paid US$32.6 million for a near 10-carat blue diamond at an auction held by Sotheby’s in New York, underlining the rising demand for the gems from wealthy Chinese buyers....

November 22, 2014, Saturday


Ensuring clean air for delegates, Philips air purifier aids the apec summit in Beijing

RESPONDING to a sudden outbreak of haze became a hot topic as the 22nd Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting was held in Beijing early this month. In addition to the city’s ...

November 22, 2014, Saturday


Starbucks biggest buyer of Chinese coffee beans

Starbucks Corp has this year bought coffee beans from China at its highest volume ever, reflecting the country’s burgeoning role as bean supplier amid supply concerns from traditional exporters....

November 21, 2014, Friday


Ma promises international version of Taobao

Jack Ma, the founder of China’s Alibaba Group Holding Ltd, yesterday said the firm will set up an international version of its e-commerce marketplace Taobao to serve shoppers worldwide in multiple languages, including English and Chinese....

November 21, 2014, Friday


Pfizer not keen on bid as Merck courted

Pfizer dampened investors’ expectations of a renewed bid for AstraZeneca yesterday by signing a major cancer drug deal with Germany’s Merck KGaA, reducing the US firm’s need for Astra’s products....

November 18, 2014, Tuesday




 

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