The Ecuadorian government has formally began negotiations with a Chinese firm to build the country's biggest hydropower plant, the Energy Ministry said on Tuesday. Chinese ambassador to Ecuador Cai Runguo and Ecuadorian Energy Minister Germanico Pinto signed on Monday an agreement of intention to set technical, juri...
Supermarket Tesco said it has rung up sales of £1 billion a week and annual profits of more than £3 billion for the first time in its history. The retail giant posted sales of £54.3 billion in the 12 months to February 28, while its underlying pre-tax profits set another milestone - up 8.8% to £3.13 billion. ...
The Gemological Institute of America (GIA) London is offering a new, intensive, five-day class on business strategies for both jewellery students and established businesses. The classes will focus on entrepreneurial and leadership skills needed in the downturn. Students will analyse real campaigns ...
Zhejiang Province , an economic powerhouse in eastern China , saw signs of recovery in its foreign trade in March. Local customs house said on Saturday that last month, Zhejiang 's export value stood at 9.81 billion U.S. dollars, down 8.9 percent from the same month of last year. But the decline rate was 29.4 percentage points below the Fe...
A Hong Kong-based energy firm has located its regional headquarters in the ancient Chinese capital of Xi'an , one of the latest overseas companies to seek opportunities in western China amid the global financial crisis. Eco Service Management Company Ltd., a wholly-owned subsidiary of the Hong Kong and China Gas Co...
A Chinese mainland autonomous region will send a large buying group to Taiwan in May, which is expected to purchase 160 million U.S. dollars of products, said local officials. The buying group, consisting of more than 100 businesses from the Guangxi Zhuang Autonomous Region, will be sent to Taiwan along with a delega...
Liquid milk producer China Mengniu Dairy will invest more this year to expand raw milk bases in the country, according to a senior executive. Mengniu plans to pour more money to acquire shares in existing pastures or build up its own pastures, Executive Director and Vice-President Yang Wenjun told reporters on Friday at t...
Global automakers gripped in an industry recession are wooing chances of the upcoming Shanghai auto expo as China overtook America to become the world's largest auto market in the first quarter. A battle heated between 13 new car models by automakers including Mercedes-Benz and BMW will start in the show's 170,0...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi