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Shanghai Daily,上海日报
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Fonterra aims at consumers of premium dairy products

DAIRY raw material provider Fonterra is looking to boost its consumer business in by focusing more on the higher margin branded consumer dairy products. Christina Zhu, president of Fonterra China, said ...

April 24, 2017, Monday

More Adidas stores

ADIDAS yesterday said it aims to add 2,000 more stores in China in the next three years. Adidas, which now has 10,000 stores in China, hopes that unpenetrated lower-tier cities will contribute 50 percent ...

April 21, 2017, Friday

Wacker’s expansion to tap high growth potential

GERMAN chemicals producer Wacker will expand its research center in Shanghai to develop products used in cosmetics and food as it aims to tap the high growth potential in China, it said yesterday. Wacker’s ...

April 20, 2017, Thursday

Shanghai residents confident

SHANGHAI consumers gained confidence in the first quarter amid a positive outlook for economic growth, a survey showed yesterday. The Index of Consumer Confidence in Shanghai, a quarterly gauge compiled ...

April 14, 2017, Friday

Starbucks ups employee benefits amid ambitious China expansion plan

STARBUCKS will provide an insurance plan to help thousands of its employees in China care for their aging parents, as the global coffee chain sticks to its ambitious expansion plan in the traditionally ...

April 13, 2017, Thursday

Aier buys Europe’s largest eye clinic group

CHINA’S Aier Eye Hospital announced the purchase of Spain’s Clinica Baviera SA, the largest eye clinic group in Europe. Aier will spend 152 million euros (US$161 million) to buy 59.35 percent of shares ...

April 13, 2017, Thursday

Coca-Cola kicks off biggest plant in central China

MUHTAR Kent, chairman and chief executive officer of The Coca-Cola Co, and Zhao Shuanglian, chairman of COFCO Corp, officially kicked off operations at Coca-Cola’s 44th local production facility in China ...

April 13, 2017, Thursday

Costly pair of diamond earrings

A model poses with a pair of diamond earrings, the 14.54-carat Apollo Blue (left) and the 16-carat Artemis Pink, during a photocall at Sotheby’s auction house in London yesterday, ahead of their auction in Geneva on May 16. The earrings will be offered as individual lots, with the Apollo Blue expected to fetch between US$38 million and US$50 million, and the Artemis Pink is expected to realize US$12.5 million to US$18 million. ...

April 11, 2017, Tuesday

China up to 15th in tourism ranking

China has risen two positions to 15th in the latest global tourism competitiveness ranking, released by the World Economic Forum yesterday. The forum’s Travel and Tourism Competitiveness Report 2017 ...

April 7, 2017, Friday

Unilever to sell off margarine division

ANGLO-DUTCH food and consumer products giant Unilever said yesterday that it is selling off its margarine division as it seeks to appease investors after spurning a takeover bid from US rival Kraft Heinz. The ...

April 7, 2017, Friday


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