BMW reported a smaller-than-expected 6 percent decline in second quarter operating profit on Thursday while brushing off concerns about new anti-pollution rules and global trade tensions which caused rival Daimler to warn on profits.
BMW expects China sales to rise between 5 and 10 percent this year, despite the introduction of 40 percent import tariffs on vehicles imported from the United States since July.
Few U.S. energy policies can bring together coal miners, oil drillers, environmentalists, Republicans and Democrats.
Yum Brands Inc’s sales at established outlets fell short of Wall Street estimates on Thursday, as fewer customers dined at its Pizza Hut chains.
China Eastern Airlines Corp Ltd and Japan Airlines Co Ltd (JAL) on Thursday said they would form a joint venture (JV) to capitalize on a boom in Chinese tourism, in the first such deal between a Chinese and Japanese carrier.
China on Thursday urged the United States to return to reason after the Trump administration sought to ratchet up pressure for trade concessions by proposing a higher 25-percent tariff on $200 billion worth of Chinese imports.
China is fully prepared for the United States’ threats to escalate the two countries’ trade war and will have to fight back to defend its dignity and the interests of its people, the commerce ministry said on Thursday.
China Eastern Airlines Corp Ltd and Japan Airlines Co Ltd (JAL) on Thursday said they would form a joint venture to capitalize on a Chinese tourism boom, in the first such deal between a Chinese and Japanese carrier.
Fears of an escalating trade dispute between the United States and China spread from Asian markets to Europe on Thursday, triggering a fall in bonds yields and stocks, particularly among exporters.
China on Thursday urged the United States to return to reason after the Trump administration sought to ratchet up pressure for trade concessions by proposing a higher 25-percent tariff on $200 billion worth of Chinese imports.
Starbucks Corp is partnering with Alibaba to deliver its coffee in Chinese cities starting this fall, betting the move will revive sales growth in its second-largest market that is witnessing aggressive local competition.
May Zhang, a 28-year-old from the southern Chinese city of Shenzhen, holds a master’s degree in engineering from the University of Oxford, but now makes her living selling insurance in Hong Kong.
China on Thursday urged the United States to return to rationality, after the Trump administration sought to ratchet up pressure for trade concessions by proposing a higher 25 percent tariff on $200 billion worth of Chinese imports.
Google staff awoke on Wednesday to surprising news: Their company is working on a search app tailored, and censored, for China. Sundar Pichai, chief executive officer since 2015, has made no secret of his desire to take the search giant back to mainland China. The executive is more pragmatic about the world’s largest internet market than Google’s founders, who pulled search from the mainland in 2010 over censorship concerns. …read more […]
China Eastern Airlines Corp Ltd and Japan Airlines Co Ltd (JAL) on Thursday said they will form a joint venture to cooperate on China-Japan routes, in the first such deal between a Chinese and Japanese carrier.
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