Thursday, 28th, 2024 | 5:39AM Updated

One Ton Of Confiscated Ivory Destroyed In New York's Times Square
China Expands Ivory Import Ban to Cover Items Acquired before July 1, 1975

Two ivory import bans that China issued in 2015 failed to curb the illegal trade. The failure of the separate one-year prohibitions issued in February and October led Beijing to impose a ban on all items acquired prior to July 1, 1975.

A Ferrari car in the video game
‘DriveClub’ studio no more; Game in the hands of Sony PlayStation

The studio behind "DriveClub" has been shut down by Sony. The game will be in the hands of Sony PlayStation from now on.

ZTE is set to appeal on U.S. export sanctions following the failure of lobbying efforts.
US Gives ZTE Reprieve from Trade Restrictions Through June

The United States Department of Commerce said they have approved a temporary reprieve for China’s ZTE Corporation from export restrictions through June after the company was banned from trading with tech suppliers in America.

Proposed by President Xi Jinping in 2013, China's Belt and Road Initiative seeks to create the largest economic market between Asia and Europe.
China's Belt-Road Initiative Seen to Establish Largest Eurasian Economic Market, Spur New Global Integration: Expert

China's Belt and Road initiative will provide opportunities for several countries along its routes, leading to the establishment of the large Asia-Europe economic zone that will integrate into a global economy, according to a former World Bank official in an interview with the Xinhua News Agency.

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A woman walks by a Marriott hotel in midtown Manhattan in New York City on March 21, 2016.
Marriott Hotel to Merge with Starwood in New $13.6b Deal

Starwood Hotels and Resorts Worldwide Inc., owner of the Sheraton and Westin hotel brands, announced Monday that it has accepted an amendment merger deal worth more than $13 billion with Marriott International Inc. to create the world’s largest hotel company.

The Launching Ceremony Of 2015 Tmall 11.11 Global Shopping Festival In Hangzhou
Alibaba Hits a Milestone with a Transaction Volume of 3 Trillion Yuan

Chinese e-commerce giant continues to break records in the financial world, this time hitting the 3 trillion yuan ($464 billion) mark for its transaction volume. The figure represents total value of third-party sellers’ transactions on Alibaba’s platforms.

The 52-year-old business tycoon caught the attention of the media when he first bought 89 percent of the shares of House of Fraser, a British department store, back in 2014.
Chinese Tycoon Buys Western Brands for Chinese People

Yuan Yafei, founder and chairman of Sanpower Group, has no plans to slow down in this shopping spree. His target? Malls, precision medicine and healthcare, according to an article by China Daily.

Since U.S. regulators imposed reparations on Takata after its airbag inflator propellant was found to be linked to 11 deaths, Joyson bought small airbag supplier Key Safety Systems in February.
Chinese Auto Components Supplier Steps Up Its Game

Amid the global airbag crisis Takata Corp. is embroiled in, Chinese supplier Ningbo Joyson Electronic Corp. stepped up to take advantage of the situation, according to an article by China Daily.

Hongqiao says it will apply the increase in aluminum production as long as the market remains good.
China’s Hongqiao Tops Aluminum Production Industry Worldwide

China’s Hongqiao Group remains on top of the aluminum production industry following a risky-but-logical declaration last week regarding an increase of the company’s production capacity.

Phil Spencer speaks at the E3 conference.
Microsoft apologizes for schoolgirl dancer scandal at GDC after party

Microsoft has issued an apology regarding the scandal of hiring dancers dressed as sexy schoolgirls for its Game Developer Conference after party last Thursday night. The statement responded to media reports that had pictures from the attendees.

Chinese car manufacturer BAIC has joined BYD and Dongfeng, as well as local infotainment system producers like ADAYO, HSAE, DESAY SV, in using LeEco technology called Ecolink.
LeEco Keen on Developing Infotainment Ecosystem for Vehicles

Chinese Internet company LeEco (formerly LeTV) has teamed up with six local automotive firms to develop a vehicle infotainment ecosystem, the Shanghai Daily reported in an article on Thursday, March 17.

Spain imports popular Chinese wine.
Changyu Brings Popular Chinese Wine to Spain

China’s Changyu Noble Dragon will soon be available in Spain as Marques del Atrio in the Rioja region reveals its plans to import the most famous wine in the East.

A gamer tests the PlayStation VR technology.
Gaming industry shower praises to Sony for PlayStation VR’s low price and focus on games

Sony has gained the praises from industry watchers lately due to the low price of its latest gadget to be launched soon, the PlayStation VR headset. Game companies have also praised the company for focusing more on games for this new gadget.

Tencent Holdings Ltd. chairman and CEO Ma Huateng reveals profit increase for Q4 2015.
Tencent Holdings Gains Profit from Online Games, Advertising Revenue

China’s Tencent Holdings Ltd. reported a significant increase in profit during the fourth quarter of 2015 thanks to its online games and advertising revenue.

ZTE is set to appeal on U.S. export sanctions following the failure of lobbying efforts.
ZTE Corp. Delays Release of Annual Results in Wake of US Export Restrictions

ZTE Corp. announced its plans to postpone the release of the company’s annual results in order to thoroughly assess the effects of the recent export restrictions handed down by the U.S. government.

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