Business
UK to start taxing big internet companies
Britain's Treasury chief unveiled Monday a new tax on big internet companies' revenues, insisting it is time that the global tech giants with profitable business in the U.K. pay their fair share for public services.
South Africa eyes wine exports to China
South Africa's Trade and Industry Minister Rob Davies will be leading a delegation to the upcoming China International Import Expo (CIIE) in Shanghai, with the aim of promoting trade and investment to the world's largest source market.
IBM to buy Red Hat in largest software acquisition deal
IBM has announced the largest takeover ever in the software world, purchasing open-source firm Red Hat for 34-billion US dollars.
Global firms to stay in China despite trade war: report
Few of the 219 companies from around the world surveyed plan to give up fully on the Chinese market, despite the impact of the US-China trade dispute, according to a report by the American Chamber of Commerce in South China.
China announces anti-dumping duties on imported ethanolamines
China's Ministry of Commerce (MOC) said Monday it will impose anti-dumping duties on ethanolamines imported from the United States, Saudi Arabia, Malaysia, and Thailand.
China's manufacturing sector improves in Jan-Sept: official
China's manufacturing sector registered sound growth in the first nine months of this year, with higher profits for enterprises.
ABB to build world's most advanced robot plant in Shanghai
Technology giant ABB announced one of its most ambitious expansions into China on Saturday. The company plans to build the world's most "advanced, automated, and flexible robotics factory" in Shanghai.
Poland highly values chance to join China's first import expo
Poland is among the 130 countries and regions taking part in the upcoming China International Import Expo.
Huawei unveils Mate 20 series in Shanghai
Huawei unveiled its Mate 20 series at the Shanghai Oriental Sports Center on Friday. The new models include the Huawei Mate 20, Mate 20 Pro, Mate 20X, and luxury Mate 20RS Porsche Design Mate 20.
20 companies confirm participation in 2019 import expo
Twenty foreign companies, among over 1,000 that have submitted pre-registration, have signed contracts to attend the second China International Import Expo (CIIE) scheduled next year.
China produces largest number of new billionaires last year
China produced the most billionaires last year (55) and along with India it had three-quarters of the world's newly minted dollar billionaires.
China relaxes restrictions on companies buying back shares
China's top legislature on Friday adopted revisions to the Company Law, which relaxed restrictions on public companies making stock buybacks.
Mexico upbeat about China import fair
Nearly 3 thousand enterprises from 130 countries and regions will take part in the upcoming China International Import Expo. Among them are more than 60 participants from Mexico.
New patents suggest iPhones will become easier to use in wet weather
Patents submitted by Apple indicate that the company is working to improve how the screen registers touches, with the benefit that iPhones and iPads will be easier to use in wet weather.
UK fines Facebook over data privacy scandal, EU seeks audit
British regulators slapped Facebook on Thursday with a fine of 500,000 pounds ($644,000) — the maximum possible — for failing to protect the privacy of its users in the Cambridge Analytica scandal.
After 'historic' quarter, Tesla looks to Europe, China
Electric car maker Tesla on Wednesday reported an "historic" quarterly profit driven by demand for its mass market Model 3, as the company looks beyond its US home base to Europe and China.
Cathay Pacific Air says data breach affected 9.4 million
Hong Kong-based Cathay Pacific Airways said Thursday it has discovered unauthorized access to the personal data of 9.4 million passengers but had no evidence the leaked information had been misused.
Jack Ma back to top Forbes' list after 4 years
Alibaba Group's Jack Ma is back on top of Forbes' list as China's richest man since his first No.1 ranking four years ago.
Geely, Daimler to form ride-hailing joint venture in China
China's Geely Group Company and Germany's Daimler Mobility Services announced Wednesday that they would form a premium ride-hailing joint venture in China.
Dairy giant denounces ex-chairman over embezzlement
China's dairy giant Yili Group has publicly denounced its ex-chairman over the alleged embezzlement of hundreds of millions of yuan, and has accused several senior government officials of facilitating the embezzlement.