Companies from China and Africa signed 39 deals worth around 17 billion U.S. dollars on Thursday.
U.S. Federal Reserve on Wednesday kept federal funds rate unchanged, reiterating that it continues to closely monitor inflation indicators and global economic and financial developments.
Sales of U.S. new homes jumped in June to the highest level since February 2008, as the U.S. housing market enjoyed a solid first half of this year.
General Motors (GM) announced on Thursday that it earned 2.87 billion dollars in profits in the second quarter of this year, more than doubling its earnings in the same period of last year and setting a post-bankruptcy record.
Unilever had an increase of net profit in the first half of 2016, accompanied by a decline in turnover, the Anglo-Dutch consumer goods company announced on Thursday.
China will use the World Trade Organization (WTO) dispute settlement process to defend its interests over an unreasonable decision by America on steel subsidies, the Ministry of Commerce (MOC) said Wednesday.
AMC Entertainment, a U.S. chain owned by Chinese conglomerate Dalian Wanda, announced Tuesday that it has entered into a definitive agreement to acquire leading European cinema operator Odeon & UCI Cinema Group.
Northeastern Chinese provinces should rebalance power demand and supply, better managing the wind power supply and cutting air pollution by 2020, China’s energy regulator announced Monday.
Business activity was severely subdued in Zimbabwe’s capital Harare and other major cities on Wednesday after a social media-organized movement successfully persuaded many urban Zimbabweans to stay at home to protest against the country’s economic decay.
For foreign companies targeting the deep pockets of China’s growing middle class, understanding demand and consumption habits will be critical.