Jack Ma's Alibaba Group Holding Ltd., announced that they will buy Hong Kong's South China Morning Post.
With an offer amounting to NT $30 for every Inotera share, Micron Technology Inc. decided to buy the rest of Inotera Memories Inc.
The biggest auto manufacturer in Europe, Volkswagen, said that they understand carbon dioxide (CO2) emissions which is not as bad as feared.
The Star Wars toy collection and other rare film memorabilia owned by a mega-fan was put up for auction in New York on December 11, Friday. Japanese fashion designer NIGO (Tomoaki Nagao) earned over half a million dollars by putting a small portion of his movie collectibles on the auction block, including Star Wars merchandise featuring characters such as Han Solo and Darth Vader.
Guo Guangchang, the founder of Fosun International, is helping police with a probe. Fosun's president has stated that the probe has more to do with Guo's personal affairs, not with those of Fosun.
Alibaba has acquired the leading English-format newspaper in Hong Kong, South China Morning Post. The deal is part of Alibaba's plan to boost the image of China before the English-speaking populace.
Middlemen and gift shoppers flocked to Zhejiang Province’s Yiwu Small Commodities Market, where consumers can find everything from kitchenware to Christmas decorations to low-cost electronic toys, China Daily reported.
By 2020, a sizable chunk of retail sales will be geared to millennials. Big brands are repositioning their product and service offerings to cater to this potent force comprising a trillion-dollar demographic.
The Girl Scouts of the USA (GSUSA) will soon start converting its famous cookie-selling program to an online version, allowing fans to buy boxes of cookies from their laptops, smartphones, or tablets. That includes the super-popular Thin Mints, Samoas, and Peanut Butter Patties. An early 2015 pilot program proved that GSUSA troops were ready to start selling the sweet baked goods on the Internet through the "Digital Cookie" platform.
Martin Shkreli's pharmaceutical company will significantly boost the price of a lifesaving drug for the parasitic infection Chagas disease. The ex-hedge fund manager announced last week in a conference call with the company's investors that it had purchased the Chagas medication, and would price the treatment close to hepatitis C drugs. A full hepatitis C treatment can cost patients a sky-high $80,000.
T-Mobile, America's leading wireless carrier, is under fire for launching an allegedly false ad campaign.
Mexico is promoting its national liquor tequila to China through an all-out campaign in the hope of making China the world's biggest tequila consumer in three to five years, Roberto Anaya Moreno, general director of Mexico's National Chamber of the Tequila Industry (CNIT) said Thursday, Dec. 10, in an interview with Xinhua.
There is no need to worry about a long-term depreciation of the yuan, a senior Chinese official said on Thursday, after China’s central bank lowered the daily fixed exchange rate to a four-year low of 6.4236 yuan per U.S. dollar.
The draft of the biggest reform in China's stock market is expected to be finished by December. The reform proposes to change the IPO mechanism from being approval-based to registration-based.
Japan is a well-known destination for Chinese tourists, but companies from China have also started to take interest in the country’s tourism sector.
