All posts tagged China
Dutch TNT Express seeks buyers for Brazilian and Chinese operations
Netherlands-based TNT Express NV (AMS:TNT) is looking at divestment opportunities for its operations in Brazil and China, the express delivery company’s interim CEO Bernard Bot said in a financial results statement on Monday. The executive noted that the outcome for …
China’s sovereign wealth fund considers Daimler investment
Chinese sovereign wealth fund China Investment Corporation (CIC) is pondering the acquisition of an interest in German premium motor vehicles manufacturer Daimler AG (ETR:DAI), Chinese media reported. The online
HSBC agrees to sell stake in Chinese insurer Ping An to Thailand’s Charoen in $9.4bn deal
British banking and financial services group HSBC Holdings Plc (LON:HSBA) on Wednesday announced a HKD72.74bn (USD9.4bn/EUR7.2bn) agreement for the sale of its 15.57% in Chinese insurer Ping An
China’s new 5-year plan stresses education, consumers and inequality
According to a new report from US-based business membership and research association The Conference Board, China's twelfth five-year plan, encompassing 2011-2015, signals a new focus in the country's development on "human
UK luxury retailer Burberry stops production in China on concerns over worker’s conditions
The British owned luxury goods manufacturer Burberry has pulled production of its bags from a factory in the Guangdong Province of China, the Bureau has learnt. The move follows
China’s Lenovo strengthens cloud offering with Stoneware deal
Chinese personal technology major Lenovo (HKG:0992) will expand its cloud computing capabilities by agreeing to take over of US Stoneware Inc, the Chinese company said on Tuesday without
China Construction Bank seeks acquisitions in Europe — report
Chinese lender China Construction Bank Corp (SHA:601939), or CCB, is interested in buying a European bank, or a minimum of 30% to 50% in one and has CNY100bn
Fund manager Ashmore acquires Aviva’s stake in Chinese joint venture
British fund manager Ashmore Investment Management Ltd will acquire its competitor Aviva Investors' 49% stake in a proposed Chinese joint venture with China Central Securities. The UK fund manager
China to decide on Glencore’s acquisition of Canada’s Viterra next month
Canadian grain handler Viterra Inc (TSE:VT) said the Chinese Ministry of Commerce (MOFCOM) will continue into September with the review of its planned CAD6.1bn (USD6.2bn/EUR4.9bn) combination with Swiss
Germany’s ThyssenKrupp in talks to sell blanks unit to China’s Wuhan Iron
German steel group ThyssenKrupp AG (ETR:TKA) is nearing an agreement on the sale of its Tailored Blanks business to Chinese iron and steel products maker Wuhan Iron and
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