Tag archive for ‘China’
By businessnewstoday On Saturday, January 26th, 2019
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Alibaba’s new hotel runs on robot hospitality

(adsbygoogle = window.adsbygoogle || []).push({}); Featuring human-less check-ins, facial scans and voice-controlled rooms, e-commerce giant Alibaba has unveiled its first “future hotel” in 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...

By businessnewstoday On Saturday, March 31st, 2018
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Danish Crown subsidiary takes majority stake in Shanghai Natural Casing

Food acquisition news : DAT-Schaub, a subsidiary of global meat processing company Danish Crown is all set to expand its operations in China with the acquisition of a majority stake in Shanghai Natural Casing Company, More...

By businessnewstoday On Saturday, March 17th, 2018
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SharkNinja to launch cordless vacuum cleaner and steam mop product in China

SharkNinja, a US vacuum cleaner manufacturer is set to foray into China from next onwards with the launch of its floor cleaning products – the Shark IONFlex 2X DuoClean Cordless Ultra-Light Vacuum, a cordless More...