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Shanghai Daily,上海日报

Consumer


Time is expensive — at US$16m!

Daryn Schnipper, chairman of Sotheby’s Watch Division, shows “The Henry Graves Supercomplication” handmade watch by Patek Philippe which was completed in 1932 at Sotheby’s auction house in London yesterday. This masterpiece of horology is estimated to sell in excess of 10 million pounds (US$16 million) when it is auctioned on November 11 in Geneva. ...

October 22, 2014, Wednesday


McDonald’s feels heat from fall in customers

McDonald’s yesterday said its profit and sales declined as the world’s biggest hamburger chain saw customer traffic fall around the world.The company said sales fell 3....

October 22, 2014, Wednesday


Gome says profit in first 9 months up 70%

GOME said profit in the first nine months this year rose 70 percent with its multi-channel strategy beginning to revive sales and performance. The Hong Kong-listed home appliance retailer's comparable ...

October 21, 2014, Tuesday


Takeda sees China as 2nd-biggest drug market

Japan’s largest pharmaceutical company Takeda aims to build China into its second-largest market within 10 years by introducing new products more quickly in the country....

October 21, 2014, Tuesday


Qatar fund buys into HK retailer to diversify

Qatar’s sovereign wealth fund said yesterday that it had bought a 19.9 percent stake in Hong Kong-based retail operator Lifestyle International Holdings for US$600 million....

October 21, 2014, Tuesday


Japan’s top drug firm Takeda expects China to be No.2 market in a decade

JAPAN'S largest pharmaceutical company Takeda expects China to become its second largest market within 10 years as it steps up introduction of new products into China, company officials said. Currently ...

October 20, 2014, Monday


Coca-Cola kicks off ‘Walk for Love’ in Changsha

Coca-Cola China, teaming up with charity One Foundation, launched on Saturday the “Walk for Love” campaign in Changsha, Hunan Province. The 36-kilometer hiking program aims to raise funds for the “...

October 20, 2014, Monday


Costco looks for China path that sidesteps Wal-Mart’s potholes

By selling directly to Chinese consumers on Alibaba’s platform, a move unveiled last Tuesday, Costco Wholesale Corp aims to employ local knowledge and a low-...

October 20, 2014, Monday


Suzhou fair to highlight textile industry

Suzhou, a city well-known for its silk in Jiangsu Province, yesterday launched the 1st Jiangsu Textile Product Expo, which aims to showcase the competence of local companies and seek trading partners....

October 17, 2014, Friday


Ahoy! China sails toward cruise goal

China’s biggest shipbuilder will build the country’s first world-class luxury cruise liner for Carnival Corp, the world’s largest cruise operator, in a move to boost domestic cruise tourism....

October 16, 2014, Thursday




 

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