About 12,566 pounds of beef, pork, and poultry products produced by Good Food Concepts in Colorado Springs will be recalled following a federal agency discovery that the products were improperly branded, and contained sodium nitrite which was not specified on the product label.
The Hurun Richest Self-Made Women in the World 2015 report released on Monday, Oct. 19, revealed that China is the biggest creator of self-made dollar billionaire women this year, led by Chinese touchscreen queen Zhou Qunfei with 50 billion yuan ($7.8 billion) in personal wealth.
The renovated Melbourne store of iconic fashion brand Louis Vuitton will reopen on Tuesday, Oct. 27, in anticipation of the influx of spending by Chinese tourists, the Xinhua News Agency reported.
The price of corn and other grains has significantly dropped compared with levels in 2014, with experts predicting that corn prices will remain weak in the foreseeable future, according to a report by the Global Times.
Economists are recommending that the government lower its GDP growth target for the next five years from 7 percent to anywhere between 6 and 6.5 percent. The lower GDP growth is seen as a normal part of a changing economy.
The board of United Airlines has announced their plans to reach a decision concerning the future of the company following the sudden hospitalization of CEO Oscar Munoz who suffered a heart attack on Thursday.
The stocks of New York-based Weight Watchers soared by 70% on Monday after billionaire Oprah Winfrey offered to buy 6.4 million shares of common stock for $43.2 million – representing 10% of the company, with an option to buy 3.5 million shares more at any other time.
Chinese cross-border e-commerce operators have opened retail stores in Guangzhou’s traditional commercial hub, the China Business News reported.
The holding company that owns the majority of Volkswagen's (VW) stocks announced on October 17, Saturday that Martin Winterkorn will resign as its CEO, completely ending his formal influence over the German automaker. After stepping down as VW's chief executive on September 23 following its emissions cheating scandal last month, Winterkorn had remained the head of Porsche Automobil Holding SE, which owns over half of VW's common stock.
China’s central government has stepped up its anti-graft drive by cracking down on illegal lending and money-laundering operations of so-called “black banks,” in an effort to prevent stolen assets from being taken out of the country, the China Daily reported.
A rising number of Chinese companies are offering their latest products, hoping to tap into the potentially massive mobile payments market, especially in wearable devices with payment function, the China Daily reported.
Search giant Google has been battling the Authors Guild and writers about whether its book-scanning project, which includes millions of digitized publications, is legal or was an infringement of copyright laws. A Court of Appeals ruled on October 16, Friday that its search function and text snippets did not violate any intellectual property rules and regulations due to the small amount of viewable text.
In the latest Hurun Rich List, China overtook the United States in the race of having the most number of billionaires in the world. Released by the Hurun Research Institute, the rich list tallied Chinese billionaires to a total of 596.
China’s consumer inflation eased in September, while producer prices dropped for the 43rd consecutive month, leading to speculation that the government may inject more monetary stimulus to the economy to revitalize demand and growth in the country.
