Bright Food acquires UK cereal maker's stake

2012-11-06 09:40:16

Bright Food Group announced Monday it had completed the acquisition of 60 percent of the share capital of British Weetabix Food Company.

BYD to sell electric cars with zero down payment

2012-11-05 16:57:22

China's electric vehicle maker BYD Company Limited has announced a series of financial incentives for customers.

Suning Appliance open for iPhone 5 pre-orders

2012-11-05 16:44:09

Suning Appliance Co, China biggest electronics retailer, said consumers can pre-order Apple Inc's iPhone 5 at its Beijing stores starting Nov 5.

CNR signs 13 sales contracts

2012-11-05 15:39:51

China CNR Corp Ltd, one of the country's main rail equipment makers, has recently signed 13 sales contracts worth 7.24 billion yuan ($1.159 billion.

Bright Dairy completes acquisition of Weetabix

2012-11-05 15:19:18

Bright Dairy & Food Co Ltd completed its acquisition of British food processing company Weetabix Ltd on Nov 2, in the biggest overseas M&A deal for a Chinese company ever.

Hygiene products maker looks to China

2012-11-05 15:17:48

The Swedish manufacturer of hygiene products Svenska Cellulosa Aktiebolaget (SCA) expressed its confidence in the fast-growing market for products for the aging population in China.

Landmark GAC-Chery linkage

2012-11-05 14:50:04

In a landmark move between State-owned companies, Guangzhou Automobile Group Co, China's sixth-largest carmaker by sales, and ninth-ranked Chery Automobile Co will sign an R&D agreement tomorrow.

Nobel laureate cooperates with Chinese firm

2012-11-05 11:25:42

Nobel laureate Martin Evans signed an agreement on conducting stem cell anti-aging research with Zhongyuan Union Stem Cell Bio-engineering Corporation on Saturday in Tianjin.

CNOOC's Nexen bid review extends another 30 days

2012-11-05 11:15:09

Canada said on Friday it needs another 30 days to review China National Offshore Oil Corporation's takeover bid of Calgary-based oil and gas producer Nexen.

Fashion store seeks to revive its spirits

2012-11-05 10:57:26

Wang Yueqi, a 28-year-old Shanghai white-collar worker, visited an Esprit-branded store in Shanghai in August but left empty-handed.

Software maker Kingsoft mobilizes

2012-11-05 10:36:22

Kingsoft Co Ltd, one of China's oldest software developers, is determined to turn itself into an Internet company although the transition won't be "smooth", said Zhang Hongjiang, its CEO.

Canada extends review of CNOOC bid

2012-11-05 10:30:32

Canada has extended its review of Beijing-based China National Offshore Oil Corp Ltd's $15.1 billion takeover of Nexen Inc for a second time, re-setting the deadline to Dec 10.