Geely Will Acquire Volvo From Ford for 1.8 Billion U.S. Dollars
[2010-03-29]
Geely planned to preserve Volvo's existing manufacturing facilities in Sweden and Belgium
Sinopec to Acquire Angolan Oil Assets
[2010-03-29]
Sinopec will acquire deep-water oil assets in Angola by buying a 55 percent stake from its parent company for 2.46 billion U.S. dollars.
China Unicom's Net Profit Falls 84.5%
[2010-03-26]
The net profit of China Unicom in 2009 was 3.137 billion yuan, down 84.5 percent.
China Railway Wins $4.8 Billion Indonesia Contract
[2010-03-25]
It's a long term contract, and will not have a major impact on its earnings in 2010 and the next few years.
Shanda Interactive Announces $300M Buyback Plan
[2010-03-23]
Shanda announced Monday that its Board of Directors has approved a share repurchase program to buy back up to 300 million U.S. dollars of its shares.
China Says Google "Totally Wrong" to Stop Censoring
[2010-03-23]
David Drummond, Google's chief legal officer, said the company will redirect users in China to Google's Chinese-language service based in Hong Kong on Tuesday
CNPC, Shell to Acquire Australian Arrow Energy
[2010-03-22]
Australia Arrow Energy Ltd. has approved the sale of most of its assets in Australia to Shell and CNPC with a total consideration of 3.5 billion Australian dollars.
FAW Group, CadFund Sign US$100 Million Investment Deal
[2010-03-22]
The investment will be the biggest in Africa for auto industry to date, coming in at 100 million U.S. dollars
Chinalco, Rio Agree to Develop Guinea Iron Ore Mine
[2010-03-19]
Rio Tinto struck a deal with Aluminum Corporation of China on Friday to develop the Simandou iron ore reserve in Guinea in West Africa
China Mobile: Has Been in Talks with Apple on iPad, 3G iPhone
[2010-03-19]
China Mobile hopes to offer both Apple's iPad and a version of the iPhone that supports TD-SCDMA, the 3G standard used by its networkstandard
Tencent Net Profits Top 5.16 Billion Yuan in 2009
[2010-03-18]
Net profits of Tencent Holdings Ltd, China's biggest Internet company by market value, hit 5.16 billion yuan last year
OPEC to Keep Oil Quotas Unchanged
[2010-03-18]
It is the fifth consecutive time since last year that OPEC decided to maintain the production quotas at the same level
China Supports Steel Makers in Iron-Ore Discussions
[2010-03-17]
China will stick with an annual pricing system and may take action to support the country's steelmakers in negotiations with suppliers
CNOOC Established Joint Venture with Bridas Energy Holdings
[2010-03-15]
CNOOC has announced yesterday to form a 50 percent/50 percent joint venture with Bridas Energy Holdings Ltd for a consideration of 3.1 billion U.S. dollars
Geely Obtained 2.1 Billion U.S.Dollars for Volvo Purchase
[2010-03-11]
Geely has secured financing to buy Ford-owned Volvo cars for about 2.10 billion U.S. dollars
China's Baosteel Ranks Third in Terms of Crude Steel Output
[2010-03-10]
China's Baosteel ranked the third in term of curde steel output;Hebei Iron & Steel Group jumped to the second place in 2009
EC Eyes on Carbon Tax
[2010-03-05]
The European Commission would soon present a legislative proposal to introduce a carbon tax across the EU
GM to Recall 1.3 Million Cars
[2010-03-03]
General Motors Co. is planning to recall 1.3 million compact cars due to power-steering problems
Germany to Set off Internet Strategy in Mid-Year
[2010-03-02]
Chancellor Angela Merkel has announced that an official internet strategy is set off for mid-year to promote economic development
China Three Gorges Turns to Jinsha River
[2010-03-01]
China Three Gorges Project Corporation is shifting its core business into the hydroelectric development of Jinsha River
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