Texas-based Hilcorp Energy should expect a deluge of applicants soon after people get wind of report that all 1,381 employees of the largest privately held oil company in the U.S. gave yearend bonuses of $100,000 each.
The nation's two largest Korean American banks had announced on Monday its merge. BBCN Bancorp and Wilshire Bancorp executives had announced to merge, with $12.3 billion in assets to become the third-largest in Southern California and sixth-largest independent bank in the state.
Shanghai customs officials have tracked down, seized and destroyed more than 120,000 fake face masks bound for African countries following public calls for a thorough investigation on the quality of masks sold in the local market.
Yahoo Inc. announced on Wednesday, Dec. 9, that it is cancelling the plan to spin off its stake in Alibaba Group Holding Ltd., stifling Chief Executive Marissa Mayer’s turnaround effort and prolonging the uncertainty of a 20-year-old Internet company fighting for survival, the Wall Street Journal reported.
A shell company that Google Inc. registered in Shanghai last year could become the key for the search engine company’s possible return in China, China Daily reported.
Sun Yiping, CEO of Mengniu, spoke at the 22nd annual meeting of the Private and Public, Scientific, Academic and Consumer Food Policy Group (PAPSAC), becoming the first Chinese businesswoman to do so. There, she shared her insights on her company, the industry and the Chinese market.
Chinese e-commerce giant Alibaba Group Holding is set to cooperate with four third-party inspection firms in response to the rising demand of customers for higher-quality products and at the same time help local manufacturers to upgrade their infrastructure, the company announced on Tuesday.
A major Chinese company was awarded the bid to complete the remaining link of the railway running across Kenya, which is seen to boost connections in East Africa, China Daily reported.
China's second largest wind farm has started construction. The project is majority owned by the Long-yuan Power Group Corp.
The International Data Corporation has revealed that worldwide shipments of desktops and laptops have fallen by as much as 10.3 percent this year as analysts predict that stable sales will only happen at the end of 2016.
Government leaders from six member states and other guest countries are scheduled to convene for the 14th Shanghai Cooperation Organization (SCO) prime ministers' meeting to be held in Zhengzhou, capital of Henan Province, this coming Monday and Tuesday, Dec. 14 and 15.
A report released by the China Tourism Academy on Monday, Dec. 7, indicated signs of a rebounding inbound tourism industry in China, according to a report by China Daily.
Eleven Chinese wildlife “ambassadors” traveled to Kenya last November to help shine the spotlight on the dire situation of illegal trade of wildlife in the country, China Daily reported.
E-commerce giants Alibaba Group Holding Ltd. and JD.com Inc. are planning to persuade and get South Korean firms listed on their sites in a bid to keep Chinese tourists from traveling to Seoul to shop, China Daily reported.
China is set to become the world's largest new-energy vehicle (NEV) market, as an industry association estimated that sales of NEVs will exceed that of the U.S. this year, the Xinhua News Agency reported.
