Search Results for: Chinese
Canada and China to Set Up Yuan Trading Hub in Canada
November 7th, 2014
Canadian Prime Minister Stephen Harper will announce the establishment of a trading hub for the Chinese currency in Canada during a state visit to Beijing starting today, according to a person familiar with the matter. The deal will allow firms to exchange Canadian ...
Qualcomm sees more China trouble, faces probes in U.S., Europe
November 6th, 2014
Qualcomm Inc (QCOM.O) warned on Wednesday that an antitrust investigation and problems collecting royalties could harm its business in China next year and it also disclosed new regulatory investigations in the United States and Europe. China’s expanding high-speed 4G ...
Lenovo Second-Quarter Profit Climbs, but Shares Dip
November 6th, 2014
Lenovo Group Ltd reported quarterly revenue that missed analyst estimates, with a decline in smartphone sales curbing investor optimism about the world’s biggest maker of personal computers (PCs) turning into a force in mobile devices. Lenovo’s earnings came at ...
Oil slides after Saudi cuts to US prices
November 4th, 2014
Oil prices fell sharply on Tuesday after Saudi Arabia on Monday lowered the price it charges customers in the US in an effort to prop up its share of the American market. West Texas Intermediate fell as much as ...
P&G Suit, Apple, U.K. Museums, GE: Intellectual Property
November 4th, 2014
Procter & Gamble Co. (PG) has settled a patent-infringement case with makers and distributors of tooth-whitening strips, according to an Oct. 31 filing in federal court in Cincinnati. In the filing, the parties agreed that tooth-whitening strips made by ...
Saudi bank IPO 16 times oversubscribed
November 3rd, 2014
A share offer by Saudi Arabia’s National Commercial Bank was 16 times oversubscribed late on Sunday, in what one financial analyst called “the mother of all IPOs.” The initial public offering by the NCB, which was hoping to raise ...
China manufacturing growth slows
November 3rd, 2014
Growth in China’s manufacturing sector slowed in October, an official survey suggests, reinforcing concerns about a slowdown in the wider economy. The country’s Purchasing Managers Index (PMI) fell to a lower-than-expected 50.8, from 51.1 in the previous month. Any ...
Samsung Electronics seeks China turnaround, unveils mid-tier handsets
October 31st, 2014
Samsung Electronics Co Ltd unveiled two new mid-tier handsets with a premium design as it prepared to deliver a riposte to its low-priced Chinese rivals and reclaim its title as the top brand in the world’s biggest smartphone market. ...
Alibaba plays trademark card to protect lead as China’s $8 billion e-commerce spree nears
October 30th, 2014
A trademark spat between Chinese e-commerce giant Alibaba Group Holding Ltd and rival JD.com flared into public view after JD published an Alibaba letter urging publishers to be careful about advertising in promotions for China’s annual “Singles’ Day” spree, ...
Antitrust Goes International
October 30th, 2014
In a globalizing world economy, it’s perhaps no surprise that mergers and acquisitions are also crossing national borders more frequently–and that the risk of cartel-like behavior across national borders is also rising. The OECD lays out some background in ...
