The Beijing High People's Court rejected Michael Jordan's appeal against Qiaodan Sportswear Co. for the use of relevant trademarks.
Electronics retail giant Gome Electrical Appliances Holding Ltd. has announced plans to purchase its sister company Artway Development Ltd,, in a move seen by analysts as a consolidation of power of its founder Huang Guangyu, who is currently jailed over bribery charges.
Investors are scrambling to invest in immune cell cancer treatment in China, as new developments indicate increasing success.
While Twitter reported on Wednesday an impressive 60 percent increase in revenue for the second quarter, it admitted that slow growth in number of users has hampered the company. The microblogging site earned $502 million in Q2, or equivalent to 7 cents per share.
Various firms from the gaming, instant messaging and e-commerce industries launch and expand mobile payment services. This comes after the number of people with smartphones and tablets jumped.
The Dow Jones Industrial Average was up 190 points, or 1.1 percent, closing at 17,630 on Tuesday. The S&P 500 Index added 26 points, or increased 1.2 percent, to close at 2,093. NASDAQ went up 49.43 points, or 1 percent, to 5,089.
Micro loans at WeBank, the online lender owned by Chinese Internet titan Tencent, have swollen over the past two months, as the Internet bank announced on Monday, July 27, that it has extended more than 800 million yuan ($130 million) to borrowers, the Xinhua News Agency reported.
Internet speed and call services are expected to improve in Cambodia as Chinese-owned Southeast Asia Telecom (Cambodia) Co., known as Seatel, officially launched its fourth-generation (4G) network in Cambodia, Phnom Penh Post, a local newspaper, reported on Monday, July 27.
More businesspeople are investing on long-lease apartments than on budget hotels. Between the two, long-lease apartments require lesser capital, incur lower operational expenses, have lower vacancy rates, and yield faster return on investment (ROI).
Firms called mobile virtual network operators--those that rent networks of other companies--are struggling to meet the expectations previously predicted for the newly established sector. These firms have a cumulative 8.2 million subscribers, which is only less than 1 percent of China's mobile network service subscribers.
By the end of July, customers of eBay would no longer be able to avail of eBay Now's same-day delivery service. The ecommerce site announced on Monday the change after the company realized most of the items for sale in eBay are not urgent such as groceries or diapers that need to reach the buyer at the soonest time.
With the proposal of the State Council, oral care products may be subject to stricter regulations. This comes as part of the new cosmetic regulations drafted by the council.
The saying "When the U.S. markets sneezes, other markets catch a fever," appears to be true now in reverse. With China as the world's second-largest economy, Shanghai market's fever on Monday caused colds in other major global markets.
Gold buyers in China remain cautious amid the slowdown of demand for bulk commodities and the looming interest rate hike in the United States, the China Business News reported.
China Biodiversity Conservation and Green Development Foundation, a nonprofit organization, has filed a landmark lawsuit against two oil giants, ConocoPhillips and China National Offshore Oil Corp. (CNOOC), in a maritime court over the oil spill that polluted Bohai Bay in northeast China in 2011, according to a report published by china.org.cn.
