BOC to expand services in Latin America
2009-06-20 10:24:34
Bank of China (BOC), the nation's third-largest bank by market value, will expand services in Latin America through a new deal with the Inter-American Development Bank, BOC said on its website Friday.
Shanxi steel mills forge ore deals
2009-06-20 09:13:29
Steel mills in Shanxi province have reportedly signed long-term contracts with foreign miners for this year's iron ore supply despite the national steel association banning steelmakers from making individual contracts.
China Eastern, Shanghai Air set up revamp team
2009-06-16 08:08:41
China Eastern and Shanghai Airlines have set up a seven-member "leadership" team comprising senior executives of the two companies and central and Shanghai government officials to oversee the restructuring, which could lead to a full merger.
Budget airlines to spread wings abroad
2009-06-13 10:19:54
Budget airliners are spreading their wings overseas by introducing low-fare flights from Shanghai to Hong Kong, Macao, South Korea and Japan, which, according to analysts, may trigger a price war in the aviation market soon.
Sanyuan reports sales surge after takeover of Sanlu
2009-06-12 16:49:03
Hebei Sanyuan, the dairy firm that bought most of the assets of the scandal-hit Sanlu Group, on Friday reported sales in May equal to total of the first four months.
Nimble-footed Minmetals snaps up Aussie miner
2009-06-12 15:17:18
A leading Chinese non-ferrous metal company yesterday won approval for its acquisition of a top Australian miner - only days after Chinalco was thwarted in its bid for a bigger stake in another Australian miner.
OZ shareholders approve Minmetals deal
2009-06-11 14:11:43
China Minmetals Non-ferrous Metals Co Ltd (CMN)'s acquisition deal with Australian miner OZ Minerals Ltd won OZ's shareholders' approval Thursday, according to CMN's parent China Minmetals Corp.
Moutai flies high with Camus deal
2009-06-10 11:12:10
Chinese liquor producer Kweichow Moutai has forged an agreement with Camus Wine Group, a top French wine merchant, to sell its popular Moutai liquor at the latter's airport duty-free shops across the world.
Airline merger talk confirmed
2009-06-10 10:14:03
China Eastern Airlines and Shanghai Airlines are planning a restructuring effort aimed at reducing their high debt-to-equity ratio.
Baosteel burns its fingers on costly nickel hedges
2009-06-10 10:07:56
Even the veteran investors were surprised at the estimated losses of Baosteel due to misjudgments in the violent price swings of nickel, a key ingredient in steel production.
China Eastern confirms merger plan
2009-06-09 10:25:31
A spokesman for China Eastern Airlines, a leading carrier in the country, confirmed Monday that it plans to merge with smaller rival Shanghai Airlines.
China Southern Airlines to open Dhaka-Guangzhou flight
2009-06-08 17:13:34
China Southern Airlines Company Limited will open Dhaka-Guangzhou flight, NovoAir, the airlines' Bangladeshi General Sales Agent said in Dhaka on Monday.