Volkswagen has hardly recovered from the carbon dioxide emission scandal and another problem is on its way since Germany has initiated an investigation on the carmaker's local taxes. Prosecutors want to know if Volkswagen breached local tax laws when it made false claims on the C02 emissions of its vehicles.
Industrial robot makers now have to abide by standards as the China Association for Science and Technology recently released the first set of rules at the World Robot Conference 2015 in Beijing, China Daily reported.
E-commerce titan Alibaba Group Holding Ltd. is seeking buyers for its stake in Meituan-Dianping, China’s leading online provider of movie ticketing, restaurant bookings and other on-demand services, as it seeks to build its own native platform.
The Sacramento Kings is trying to attract Chinese investors for the construction of its Golden 1 Center. The arena project is jointly being constructed by the Sacramento Kings and JMA Ventures.
Retail giant Wal-Mart will begin its online sale a day earlier than usual. Instead of beginning its Cyber Monday sale in the early hours on Nov. 30 as it did in the past years, it will start on the Sunday after Thanksgiving, or on Nov. 29.
Mia.com, a 4-year-old e-commerce firm, is carving out a niche spot in baby products. The move has helped the firm take off in the market that is dominated by Alibaba and Tencent.
According to analysts, China needs more training fields in order to boost its soccer reform plan. By the end of 2013, the number of sports venues and pitches in the country has reached 1.7 million.
The overall growth of new-energy vehicles (NEVs) and sport utility vehicles (SUVs) in China’s car industry has made them the highlight at this year's Guangzhou Auto Show, an annual showcase for the sector held in South China's Guangdong Province. The event opened on Friday, Nov. 20, and will run until Nov. 29.
Following the economic slowdown in the country, executive officers from major Chinese banks have departed in search of better opportunities, the China Daily reported. Bad loans and declining profits also plague the sector.
In a surprising move, the Coca-Cola Company is set to introduce Sprite Zero in India through e-commerce mobile app Grofers as the beverage corporation has shifted from large servings to smaller cans and bottles.
Allergan will wed Pfizer in the largest corporate wedding involving pharmaceutical companies after the boards of the two companies approved the deal on Sunday. The reverse merger is worth more than $150 billion.
The operator of a McDonald's restaurant on Mound Road in Waterloo in Seneca County, New York, was sued by a customer because diners were exposed to food and drinks prepared by a food worker with the hepatitis A virus, which causes contagious liver infections.
Clothing retailer The Gap and electronics seller Radio Shack have started Black Friday deals earlier than other stores as the traditional impact of Black Friday is seemingly about to disappear.
WeBank, an online banking affiliate of Chinese Internet giant Tencent Holdings Ltd., is eyeing to raise $1 billion in a bid to beef up its financial services offering, according to the people familiar with the matter.
Showing the government's commitment of a low carbon future, China is eyeing to launch a nationwide carbon emissions trading market in 2017.
