Chinese firm leaves 50,000 tourists for Japan in limbo
September 18th, 2012 - 10:13 pm ICT by IANS
Beijing, Sep 18 (IANS) In the wake of the ongoing controversy over Diaoyu islands' ownership, a major Chinese travel tour operator has halted its plan of transporting 50,000 tourists to ... Read more...
Posted in Politics |
Chinese firm to invest $2 bn to expand operation in Britain
September 12th, 2012 - 1:29 pm ICT by IANS
London, Sep 12 (IANS) China's telecom equipment giant Huawei Technologies has announced that it planned to invest 1.3 billion British pounds ($2 billion) to expand its operation in Britain ... Read more...
Posted in Business |
Nicaragua turns to Chinese firm to finance canal project
September 8th, 2012 - 1:49 pm ICT by IANS
Managua, Sep 8 (IANS/EFE) Nicaragua has signed a memorandum of understanding with a Chinese company on financing for a $30 billion inter-oceanic canal, an official said.The document was signed by ... Read more...
Posted in Business |
Chinese firm closes acquisition of US movie theatre chain
September 5th, 2012 - 2:59 pm ICT by IANS
Los Angeles, Sep 5 (IANS) China's leading private conglomerate Dalian Wanda Group Co. Tuesday completed the acquisition of AMC Entertainment Holdings, Inc., valued at roughly $2.6 billion.
With the completion ... Read more...
Posted in Business |
Himachal cancels road contract with Chinese firm
August 29th, 2012 - 6:31 pm ICT by IANS
Shimla, Aug 29 (IANS) The Himachal Pradesh government has cancelled a Rs.228-crore contract with a Chinese firm for delay in executing a World Bank-funded road widening project, Public Works Department ... Read more...
Posted in Business |
PM asked to cancel Jaitapur nuclear project
August 26th, 2012 - 5:51 pm ICT by IANS
New Delhi, Aug 26 (IANS) Prime Minister Manmohan Singh was Sunday urged to cancel the contract with French company Areva to set up nuclear reactors in Jaitpur in Maharashtra.The ... Read more...
Posted in Politics |
Chinese firm sets up joint venture with Indian partner
August 21st, 2012 - 9:13 pm ICT by IANS
Beijing, Aug 21 (IANS) Chinese construction equipment manufacturer Zoomlion Tuesday clinched a deal to set up a joint venture plant in India with ElectroMech, India's largest industrial crane manufacturer, Xinhua ... Read more...
Posted in Business |
Chinese firm to send Spanish rover to moon in 2014
August 18th, 2012 - 8:17 pm ICT by IANS
Beijing, Aug 18 (IANS) A Chinese company will send a Spanish rover to the moon in June 2014, after competing in the Google Lunar X Prize contest, Xinhua reported.According to ... Read more...
Posted in World |
Chinese firm to send Spanish robot to moon
August 17th, 2012 - 12:52 pm ICT by IANS
Barcelona, Aug 17 (IANS/EFE) China Great Wall Industry Corporation in June 2014 will launch the Spanish robot that is competing in the Google Lunar X Prize contest to the moon.The ... Read more...
Posted in Sci-Tech |
Chinese firm exports high-speed train parts to Europe
August 10th, 2012 - 1:35 pm ICT by IANS
Beijing, Aug 10 (IANS) One of China's leading locomotive producers said Friday that it has delivered a batch of high-speed train compartments ordered by Siemens AG, marking the first such ... Read more...
Posted in Sci-Tech |
Chinese firm’s role in Airtel 4G worries agencies
August 8th, 2012 - 10:53 pm ICT by IANS
New Delhi, Aug 8 (IANS) The country's security agencies are concerned about Chinese telecom equipment provider ZTE managing Bharti Airtel's 4G network, Minister of State for Communications and IT Milind ... Read more...
Posted in Sci-Tech |
Aircraft manufacturer Hawker Beechcraft to lay off 170 people
August 4th, 2012 - 1:41 am ICT by BNO News
LITTLE ROCK, ARKANSAS (BNO NEWS) -- Aircraft manufacturer Hawker Beechcraft on Thursday said it plans to cut 170 jobs at its completion center in Arkansas, coming just weeks after the company entered ... Read more...
Posted in Business |
Chinese firm offers to buy US plane maker
July 11th, 2012 - 7:01 pm ICT by IANS
Beijing, July 11 (IANS) A Chinese helicopter engine manufacturer plans to buy the US' aircraft maker Hawker Beechcraft Inc. for $1.79 billion, it was reported here Wednesday.The Superior Aviation Beijing ... Read more...
Posted in Business |
Notice to Chinese firm on Himachal road projects’ delay
July 10th, 2012 - 8:27 pm ICT by IANS
Shimla, July 10 (IANS) The Himachal Pradesh government has issued notice to a Chinese firm for missing the deadline in executing two World Bank-funded road projects in the state, a ... Read more...
Posted in Uncategorized |
Russian expert who sold rocket secrets to China freed
June 19th, 2012 - 5:59 pm ICT by IANS
Moscow, June 19 (IANS/RIA Novosti) The former head of a Russian rocket technology firm, who was jailed in 2007 for selling state secrets to China, has been released on parole.Igor ... Read more...
Posted in World |
Chinese firm to build Sri Lanka dam
June 8th, 2012 - 4:36 pm ICT by IANS
Colombo, June 8 (IANS) A Chinese company has bagged the contract to build the main dam for the Moragahakanda reservoir in Sri Lanka.The Sinohydro Corporation will build the $382 million ... Read more...
Posted in Business |
Chinese firm to invest $3 bn in Russian resorts
June 6th, 2012 - 8:42 am ICT by IANS
Beijing, June 6 (IANS/RIA Novosti) A Chinese company will invest up to $3 billion to develop resorts in Russia's North Caucasus region."Our counterparts visited the Dagestan republic and cities of ... Read more...
Posted in Business |
Himachal road repair hastened ahead of apple harvest
June 3rd, 2012 - 6:57 pm ICT by IANS
Shimla, June 3 (IANS) A World Bank-funded road project in Himachal Pradesh awarded to a Chinese firm has missed its deadline, prompting the government to engage new contractors for repairs ... Read more...
Posted in Business |
Spanish, Chinese firms sign deals valued at $626 mn
May 25th, 2012 - 12:29 pm ICT by IANS
Madrid, May 25 (IANS/EFE) Spanish and Chinese companies have signed five cooperation agreements and nine sales contracts for Spanish goods being bought by the Asian giant valued at around 500 ... Read more...
Posted in Business |
Himachal government asked for report on road projects
May 8th, 2012 - 9:55 pm ICT by IANS
Shimla, May 8 (IANS) Miffed over the condition of roads in the state, the Himachal Pradesh High Court Tuesday directed the state government to submit a progress report by May ... Read more...
Posted in Business |
Chinese firm revives plan for Iceland resort
May 8th, 2012 - 4:04 pm ICT by IANS
Beijing, May 8 (IANS) A Chinese real estate company has revived its ambitious plan to open an idyllic ranch in Iceland since Reykjavik has given the company the green light ... Read more...
Posted in Business |
Chinese firm plans aggressive auto export
April 22nd, 2012 - 2:51 pm ICT by IANS
Beijing, April 22 (IANS) Chinese carmaker Dongfeng Motor expects its auto export to grow about five times to reach 300,000 units in 2016, the company announced.By 2016, one in every ... Read more...
Posted in Business |
Chinese firm eyes Iceland resort
April 18th, 2012 - 7:24 pm ICT by IANS
Beijing, April 18 (IANS) A Chinese company is planning to develop an eco-tourism resort in Iceland.Business tycoon Huang Nubo Wednesday said his company, the Beijing Zhongkun Investment Group, will soon ... Read more...
Posted in Uncategorized |
Chinese firm told to pay up for selling old car
March 3rd, 2012 - 4:02 pm ICT by IANS
Beijing, March 3 (IANS) A court in China has ordered a car firm to compensate a customer who found out his "brand-new" car was in fact an old one and ... Read more...
Posted in World |
Chinese kids making badges for London Olympics: Report
February 26th, 2012 - 7:50 pm ICT by IANS
London, Feb 26 (IANS) A firm in China has reportedly employed children and teenagers in gruelling 11-hour shifts to make badges for the 2012 London Olympics.The children made souvenirs featuring ... Read more...
Posted in Uncategorized |
Michael Jordan sues Chinese firm
February 23rd, 2012 - 3:45 pm ICT by IANS
Beijing, Feb 23 (IANS) Former basketball star Michael Jordan has filed a suit against a Chinese sportswear and shoe manufacturer for "unauthorized use" of his name and identity, his attorney ... Read more...
Posted in Sports |
Russian helicopter maker sets up China plant
February 6th, 2012 - 1:48 pm ICT by IANS
Beijing, Feb 6 (IANS) Russian helicopter maker Rostvertol has partnered with a Chinese firm to set up a plant in northern China, authorities said.The plant will be capable of manufacturing ... Read more...
Posted in Business |
Man held for failing to repay loan to 1,000 lenders
February 6th, 2012 - 7:01 am ICT by IANS
Beijing, Feb 6 (IANS) The head of a Chinese firm that owns 36 schools and companies across the country has been detained after he failed to repay 2.2 billion yuan ... Read more...
Posted in Uncategorized |
IAS duo sent to police custody
February 2nd, 2012 - 10:17 pm ICT by IANS
Kolkata, Feb 2 (IANS) Two Indian Administrative Service (IAS) officers arrested for alleged involvement in a multi-crore iron ore export scam were sent to police custody Thursday.Debaditya Chakraborty, a former ... Read more...
Posted in Uncategorized |
Villagers threatened by dam cracks in Pakistan-administered Kashmir
January 9th, 2012 - 7:54 pm ICT by IANS
New Delhi, Jan 9 (IANS) A reservoir dam of a mini hydel power project built with Chinese assistance in Pakistan-administered Kashmir has developed cracks threatening around 70 families living ... Read more...
Posted in Uncategorized |
Chinese firm builds 200-million-tonne coal base
January 5th, 2012 - 6:42 pm ICT by IANS
Beijing, Jan 5 (IANS) Shenhua Shendong Coal Group Corp produced 202 million tonnes of commercial coal in 2011, becoming the first 200-million-tonne commercial coal production base in China.The company ... Read more...
Posted in Uncategorized |
Afghanistan and China sign multi-billion oil development deal
December 29th, 2011 - 8:35 pm ICT by BNO News
KABUL, AFGHANISTAN (BNO NEWS) -- The governments of Afghanistan and China agreed to an oil development deal on Wednesday which is expected to deliver up to $7 billion in profits for Afghanistan, ... Read more...
Posted in Business |
Chinese firm to give fat bonuses
December 23rd, 2011 - 4:57 pm ICT by IANS
Beijing, Dec 23 (IANS) A Chinese automaker plans to give out year-end bonuses equal to a staggering 27 months of salary, said a media report.The news has spread online of ... Read more...
Posted in Uncategorized |
Chinese firm says its 3G subscribers top 36 mn
December 20th, 2011 - 3:14 pm ICT by IANS
Beijing, Dec 20 (IANS) China Unicom Ltd., the country's second-largest mobile operator, said Tuesday that its 3G subscribers rose to 36.53 million by the end of November, up 3.38 million ... Read more...
Posted in Sci-Tech |
Chinese firm to buy Canadian energy company
October 10th, 2011 - 5:02 pm ICT by IANS
Beijing, Oct 10 (IANS) China's energy giant Sinopec has signed a deal with Canadian oil and gas explorer Daylight Energy Ltd. to take over the company for 2.2 billion Canadian ... Read more...
Posted in Business |