Tag archive for ‘China’
By Soujanya Ravi On Sunday, March 3rd, 2019
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Fluor bags contract to build new Valvoline lubricants facility in China

(adsbygoogle = window.adsbygoogle || []).push({}); Fluor has bagged an engineering, procurement, and construction management (EPCM) contract for a new Valvoline lubricants facility in China. The new blending More...

By businessnewstoday On Saturday, February 23rd, 2019
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Saudi Aramco to build $10bn petrochemical project in China

Saudi Aramco, the Saudi Arabian national petroleum and natural gas company, will form a joint venture with Chinese entities NORINCO Group and Panjin Sincen, called Huajin Aramco Petrochemical, to build a $10 billion More...

By businessnewstoday On Saturday, January 26th, 2019
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Alibaba’s new hotel runs on robot hospitality

Featuring human-less check-ins, facial scans and voice-controlled rooms, e-commerce giant Alibaba has unveiled its first “future hotel” in China. Grace Lee reports. Source: reuters window.__ventunoplayer More...

By businessnewstoday On Saturday, January 26th, 2019
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Hyundai Motor suffers first net loss in 8 years as China sales skid

South Korea’s Hyundai Motor surprised the market on Thursday by posting its first quarterly net loss in at least eight years as its vehicle sales slumped in the key China market. Pascale Davies reports. Source: More...

By businessnewstoday On Saturday, January 26th, 2019
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Davos roundup: businesses ‘fed up’ with Trump

There’s been a swing in popularity in the wrong direction for U.S. President Donald Trump as this year’s World Economic Forum wrapped up on Friday. The global CEOs who once hailed him as a champion for More...

By Soujanya Ravi On Sunday, November 4th, 2018
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China opens $19bn Hong Kong-Zhuhai-Macao Bridge

Construction industry news : Hong Kong-Zhuhai-Macao Bridge (HZMB), which is claimed to be the longest bridge-cum-tunnel sea crossing in the world has officially opened to the public following a recent bridge opening More...

By businessnewstoday On Sunday, October 28th, 2018
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Hyatt Hotels opens Hyatt Regency Xuzhou in Jiangsu Province, China

Hotel industry news : Hyatt Hotels, an American multinational hospitality company, has opened its new global-branded five-star hotel Hyatt Regency Xuzhou in Xuzhou in the Chinese province Jiangsu. Located in the More...

By businessnewstoday On Sunday, October 28th, 2018
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ABB to build $150m advanced robotics factory in Shanghai

Swiss automation company ABB will invest $150 million to build an advanced robotics factory in Shanghai, China where robots will be used for manufacturing robots. The advanced robotics factory known as Kangqiao More...

By businessnewstoday On Saturday, August 4th, 2018
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Heineken to acquire minority stake in Chinese brewing company CR Beer in $3.1bn deal

Drinks acquisition news : Dutch brewing company Heineken has agreed to acquire a stake of 40% in CRH (Beer) Limited (CBL), the owner of Chinese brewing company China Resources Beer (CR Beer), for HK$24.3 billion More...

By businessnewstoday On Sunday, April 22nd, 2018
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Hyatt Hotels opens Grand Hyatt hotel in Xi’an in China

US hospitality company Hyatt Hotels has opened a new Grand Hyatt hotel in Xi’an in the Chinese province of Shaanxi to continue its brand expansion in Northwest part of the country. The new Grand Hyatt hotel in More...