Tag - China
The Beijing Olympics might still be some months away but the controversy over broadcasting rights have already started to crop up. Such controversies are not that uncommon in a global market where lucrative sponsorship deals and collaborations with top...
To win the contentious takeover battle for ABN Amro, Barclays is close to an agreement to sell a large stake to Chinese and Singaporean governments, which will raise cash around $20.56 billion ('10bn) to finance its takeover of the Dutch bank giant...
The Chinese Juggernaut rolls on.
This Wednesday, on Oct 12, 2005, from a satellite launch center in Jiuquan in northwest China, astronauts Fei Junlong (left) and Nie Haisheng blasted off on China's second manned space mission in the the carrier...
Gazprom, the largest Russian company and the biggest extractor of natural gas in the world that accounts for about 93% of Russian natural gas production and Russian energy has asked the government to cancel an agreement to pipe large quantities of gas...
Sweden's Ericsson Telephone Co., the world's largest wireless network firm has signed a $1 billion GSM expansion framework agreement with China Mobile Communication Corp. According to the new framework agreement, Ericsson will supply core and...
Hilton Hotels Corp. is set to expand its entity outside the US. Hotel mogul has signed deals with three real-estate groups to develop more than 55 properties in Russia, Britain and parts of Central America.
The new Hilton’s plan to expand...
A few days back I had reported about the labor rights violation in China at KFC and McDonald's outlets and now adding on to it after these reports surfaced in the media both the companies have now given a nod to union branches in China. Amazingly a...
You know KFC and McDonalds for their crispy fried chicken and nuggets but do you know that these American multinationals also indulge in labor right violations. These money minting companies have been offering their part time Chinese employees only...
Intel Corp., the world's largest semiconductor maker, has confirmed that it is planning to build its first computer-chip factory in China. The firm is likely to invest $2.5 billion in a country that assembles 50 percent of the world's personal...
The Chinese police have arrested 22 people in a bribery investigation from several big companies including ABB, McDonald's, McKinsey & Company and Whirlpool reported a state-run news agency. However, the government has not announced formal...
Westinghouse Inc. has recently inked a multi-billion-dollar deal with China to build four nuclear reactors for it. The deal has been picked up by the company within three months after its acquisition by the Japanese firm Toshiba Inc. from British...
Mounting risk of inflation is a serious concern for the financial leaders of the world's top economies. In a recent meeting of Group 20, all the leaders have given the danger of inflation top priority to handle. In the meeting emphasis was laid on...
This is amazing news indeed. Fred Tipson, senior policy counsel in Microsoft has said that concerns over the dictatorial and repressive regimes might reach a point when it would be 'unacceptable' to do business in those countries. Citing the situation in...
Googles' decision to foregoits much-hyped rules in china has attracted much flack from usesr from all over the world. However, at the end of it, It is a matter of opportunity, well recognized in the Adam Smith's laissez-faire capitalist system. This is...
Google seems to have no respite in operating in China as the Chinese government has blocked the chief Google.com search engine. However, the censored version of Google, google.cn in Chinese language has not been affected with this decision of Chinese...
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