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Shanghai Daily,上海日报

Consumer


Amazon may face a blue Christmas

It might be a blue Christmas for Amazon.The world’s largest online retailer gave a disappointing forecast for the crucial holiday quarter....

October 25, 2014, Saturday


Coca-Cola unveils China sustainability report

Coca-Cola China yesterday released its 2012-2013 China Sustainability Report in Beijing, pledging to work with its long-term partners to drive social progress and business growth in the country....

October 24, 2014, Friday


Tesco chief quits over accounting bloomer

The chairman of Britain’s biggest retailer Tesco resigned yesterday as the troubled group said a huge accounting error began earlier than thought and contributed to plunging profits....

October 24, 2014, Friday


First rolling gate for new Panama Canal locks

The first rolling gate for the new locks on the Pacific side of the Panama Canal is transported on a barge with the help of two tugboats through the Panama Canal in Panama City on Wednesday. According to Panama Canal authorities, the Panama Canal’s third set of locks has 16 rolling gates, eight for each new lock complex. The expansion project will allow bigger ships to transit, with two new sets of locks, one on the Pacific side and one on the Atlantic side. ...

October 24, 2014, Friday


Danshen sales top US$4.9b annually

More than 30 billion yuan (US$4.9 billion) worth of Danshen products were sold annually in China, accounting for one third of the market for cardiovascular products....

October 23, 2014, Thursday


Painting may fetch US$35m

Adrien Meyer, international director at Christie’s, shows the painting “Le Printemps” by French painter Edouard Manet during its presentation at Christie’s Auction House in Paris yesterday. Manet’s 1881 celebrated portrait “Le Printemps,” which has been owned by the same family for a century, will be auctioned for the first time and could fetch up to US$35 million, as part of a Christie’s Impressionist and Modern Art sale in New York on November 5. — Reuters ...

October 23, 2014, Thursday


US consumer prices edge up

United States consumer prices edged up slightly in September, with the overall increase held back by a third straight monthly decline in gasoline prices....

October 23, 2014, Thursday


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




 

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