Twitter's shares nearly doubled in its public trading debut on Thursday, making it the second-largest internet IPO in the US since Facebook's $16 billion offering 18 months ago.
Lenovo Group Ltd, the world's largest personal computer maker, reported a higher-than-expected second-quarter profit on Thursday, boosted by growing sales of smartphones and tablets.
Chinese enterprises that recently arrived in the US often find that their success depends as much on building a firm base from which to launch their operation as it does to eventually work in the American marketplace.
It was early October. Sales at fast-food restaurant chain Yum Brands Inc were taking a hit amid a late 2012 supplier controversy and avian-flu fears. CEO David Novak told analysts, "I've always said that our China business will have its ups and downs, and this year is clearly proving to be one of those downs".
Zoetis, an animal-health company that spun off from pharmaceutical giant Pfizer this year, broke ground on Tuesday for a manufacturing facility in Suzhou.
The Center for Chinese Studies at the University of Michigan (U-M) has received what it says is its single largest donation ever.
Britain recently signed a $25.9 billion deal to build a new nuclear power plant at Hinkley Point in the southwestern part of England. The project is a landmark for several reasons. It's the UK's first nuclear power plant in 20 years (it has nine aging ones), and flies in the face of a trend to retreat from nuclear power led by Germany and Japan following that country's Fukushima disaster in 2011 when an earthquake and tsunami caused meltdowns that are still festering.
Radioactive water is still leaking 2 1/2 years after the Fukushima Daiichi nuclear disaster struck Japan, and continues to sound alarms worldwide.
Asian Americans are the fastest-growing ethnic group in the US, and some politicians are now scrambling to reconcile a need to appeal to that community with a lingering anti-China sentiment that reached a climax in the 2010 midterm elections.
Alipay, a leading third-party online payment service that has half of the online payment market in China and is affiliated with e-commerce giant Alibaba, announced on Tuesday that it will join forces with Universal Air Travel Plan (UATP) to better serve China's outbound travelers.
As China and the US see increased military exchanges, top US defense and military leaders also warned of dangers of potential conflicts in the Asia-Pacific region.
Shipping bankruptcy strands ships, roils maritime cargo industry
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