Bright Food denies Treasury Wine buy talks

2011-07-05 15:46:36

China's Bright Food Group said on Tuesday it is not in talks to buy any Australian wine assets, denying a media report that it was in internal talks on bidding for Australia's Treasury Wine Estates Ltd.

China releases new index for iron ore

2011-07-05 15:39:39

A research website for the steel industry in China launched the China Iron Ore Index, Beijing Times reported on Tuesday.

Shenhua to own most of Mongolia coal project block

2011-07-05 14:36:17

A group led by China Shenhua Energy Co Ltd will own a 40 percent stake in the western Tsankhi block of Mongolia's Tavan Tolgoi coal project, two sources with direct knowledge of the deal told Reuters on Tuesday.

Alibaba Group to launch mobile OS in Q3: Report

2011-07-05 14:31:36

China's top e-commerce group Alibaba Group is preparing to launch a mobile operating system in the third quarter, the Wall Street Journal reported on Tuesday.

Bright Food may want to purchase vintner

2011-07-05 13:52:07

Treasury Wine Estates Ltd rose by a record in Sydney trading as two people familiar with the matter said China's Bright Food Group Co is considering making an offer for the world's second-largest winemaker.

China cleans up raw milk industry amid public dissent

2011-07-05 13:17:57

China has acted to clean up its raw milk industry to ensure safety at the source of the industrial chain, but some experts say the standards are still too low.

Hostels provide refuge for city job seekers

2011-07-05 13:13:09

Young migrants, trying to make their way in life, struggle to survive, Yu Ran reports from Shanghai.

Can bankers learn from ants?

2011-07-05 13:14:45

The media are saturated with warnings of a possible financial collapse, perhaps triggered by Greece defaulting on sovereign debts and the fear that the rest of the European Union and even the world would follow suit.

Candy maker confirms acquisition talks with Nestle

2011-07-05 11:22:53

Leading Chinese candy maker Hsu Fu Chi, which is listed in Singapore, confirmed on Tuesday that it is in acquisition talks with Swiss food giant Nestle.

High import tariffs

2011-07-05 11:19:57

A clash of opinions over the need to cut import duties on "luxury" goods has broken out between China's financial officials and commercial policymakers.

China adds micro-business category

2011-07-05 11:15:54

China's top economic regulators subdivided categories of small and medium-sized enterprises (SMEs) by adding a "micro-sized enterprises" category, the Oriental Morning Post reported on Tuesday.

Charity's credibility

2011-07-05 11:14:11

This is exactly the case with the Guo Meimei incident, which has tarnished the reputation of the Red Cross Society of China (RCSC). Guo showed off her luxury car and other wealth online and claimed to be general manager of the Red Cross Commercial Society.

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