asia news

Diageo to acquire stake in Chinese spirits maker

Chinese regulators have approved Diageo’s acquisition of an additional four per cent stake in Sichuan Chengdu Quanxing Group, a Chinese white spirits company.
Diageo to acquire stake in Chinese spirits maker

China offers reprieve for Saab

A Chinese company has placed an order to purchase 582 Saab vehicles with a total value of €13 million from Saab Automobile, offering the company a short reprieve from its financ
China offers reprieve for Saab

Trimble acquires telematics operation in China

Sunnyvale, California-based positioning technology specialist Trimble today announced the acquisition of Yamei Electronics Technology, Co.
Trimble acquires telematics operation in China

Kazakhmys signs loan agreement with China Development Bank

Copper producer Kazakhmys has announced the signing of a memorandum of understanding with the China Development Bank for a $1.5 billion loan.
Kazakhmys signs loan agreement with China Development Bank

Schneider Electric acquires 74 per cent of Luminous

French electrical group Schneider Electric has acquired 74 per cent of Indian manufacturer Luminous, it has been announced.
Schneider Electric acquires 74 per cent of Luminous

Moroccan power plant contract awarded

Morocco’s Jorf Lasfar Energy Company has awarded the contract for the development of a 700MW coal-fired power plant in Morocco.
Moroccan power plant contract awarded

Caterpillar earns record quarterly profits

Caterpillar has reported all time quarterly record profits for Q1 2011, driven by the continuing improvement in global demand for its products and its focus on cost management.<
Caterpillar earns record quarterly profits

Major oil companies report first quarter results

As April draws to a close, the world’s major oil companies are coming out with their first quarter results for 2011, with ConocoPhillips, BP, EXXON and Shell all reporting this

Major oil companies report first quarter results

WorldÔÇÖs last manual typewriter factory closes

Journalists of a certain age all over the world are feeling a pang or two of nostalgia today, with the news that the last ever manual typewriter has been made in a factory in In
WorldÔÇÖs last manual typewriter factory closes

Africa and Asia boost results for SABMiller

Brewer SABMiller has revealed in its full year trading update that strong performances in Africa and Asia boosted overall results.
Africa and Asia boost results for SABMiller

Microsoft and Toyota to invest $12 million in telematics partnership

Microsoft and Toyota have announced a $12 million investment in Toyota Media Services, a strategic partnership to make the automobile the ultimate mobile device.
Microsoft and Toyota to invest $12 million in telematics partnership

Toyota production in North America subject to interruptions

Toyota Motor Corporation has said that some interruptions to production in North America are likely in the aftermath of the earthquake and tsunami in Japan.
Toyota production in North America subject to interruptions

China in Zimbabwe loans deal

China will loan nearly $700 million to Zimbabwe in a deal that will provide a major boost to the struggling southern African nation.
China in Zimbabwe loans deal

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