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In glitzy Singapore, hotels’ success recipe is being average

February 10, 2017 by · Leave a Comment 

Liesbeth Foesters travels for business around the world, but none of her hotel rooms was smaller than the one she got in Singapore. “If you compare this with (the room I had in) China, it is nothing, but … we have to adapt to the budget,” the 30-year-old Belgian…

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In glitzy Singapore, hotels’ success recipe is being average

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Chinese court sentences former Sinopec president to 15 and half years in prison

January 24, 2017 by · Leave a Comment 

BEIJING (Reuters) – A Chinese court has jailed Wang Tianpu, the former president of Sinopec Group, for 15 and a half years for graft, state television said on Tuesday citing a court verdict. Sinopec Group is the parent of oil major Sinopec Corp . (Reporting by

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Chinese court sentences former Sinopec president to 15 and half years in prison

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China’s WeChat seeks slice of Apple’s app store with ‘mini’ function

January 10, 2017 by · Leave a Comment 

China's largest mobile social media network WeChat is offering its 768 million users a function which allows them to by-pass app stores such as Apple's . The launch of “Xiaochengxu”, which translates as “mini…

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China’s WeChat seeks slice of Apple’s app store with ‘mini’ function

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New drug approvals fall to six-year low in 2016

January 2, 2017 by · Leave a Comment 

Last year turned out to be a disappointing one for new drug approvals with the U.S. Food and Drug Administration clearing just 22 new medicines for sale, the lowest number since 2010 and sharply down on 2015's tally of 45. Across the

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New drug approvals fall to six-year low in 2016

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Bitcoin jumps above $1,000 for first time in three years

January 2, 2017 by · Leave a Comment 

By Jemima Kelly LONDON (Reuters) – Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016. Bitcoin – a web-based “cryptocurrency” that has no central authority, relying instead on thousands of computers across the world that validate transactions and add new bitcoins to the system – jumped 2.5 percent to $1,022 on the…

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Bitcoin jumps above $1,000 for first time in three years

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Peru’s President Kuczynski says may sue Odebrecht

January 1, 2017 by · Leave a Comment 

Peruvian president Pedro Pablo Kuczynski said on Saturday that he is evaluating the possibility of suing Brazilian construction firm Odebrecht [ODBES.UL] for damages after the company admitted to using bribes to secure public contracts in the Andean nation. Odebrecht, Latin America's largest construction outfit, acknowledged in a U.S. settlement earlier in December to having doled out hundreds of millions of dollars in bribes to public officials in 12 nations. Without doubt one of them is that, but it has to …

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Peru’s President Kuczynski says may sue Odebrecht

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Luminar: The only photo-editing tool most Mac users need

January 1, 2017 by · Leave a Comment 

Mac users seeking a powerful photo-editing tool that's capable of transforming average images should try Macphun's bargain-priced Luminar.

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Luminar: The only photo-editing tool most Mac users need

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China policymakers pledge stability for ‘complex’ year ahead

January 1, 2017 by · Leave a Comment 

China's economy is on a steady growth path as 2016 ends, supported by a housing boom and billions in government investment, but the mood of policymakers is more cautious than celebratory as they face “complexity” in the new year. The central bank – while reaffirming a…

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China policymakers pledge stability for ‘complex’ year ahead

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China’s Midea receives U.S. green light for Kuka takeover

December 30, 2016 by · Leave a Comment 

China's Midea said it will complete its takeover of German robotics maker Kuka in the first half of January after the United States authorities gave the deal a green light. The bid for Kuka, a high-tech robotics manufacturer, sparked controversy in Germany amid fears that key technologies were falling into foreign hands at a time when China protects its own companies against foreign takeovers. “The United …

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China’s Midea receives U.S. green light for Kuka takeover

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Power surge: Chinese electric car battery maker charges for global market

December 26, 2016 by · Leave a Comment 

A dusty village on the outskirts of Ningde, a third-tier city in China's southeast, seems an unlikely place for the headquarters of a potential global leader in future automotive technology. China's

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Power surge: Chinese electric car battery maker charges for global market

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