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  • China General Nuclear acquires Belgium’s largest onshore wind farm

    China General Nuclear acquires Belgium’s largest onshore wind farm

    Oct 01, 2016 15:31
    China General Nuclear Power Group (CGN) has signed an agreement in Paris withBelgium's Windvision to take over Esperance wind farm on Thursday. Esperance has a total capacity of 81 megawatts, which is the largest ongoing onshore windfarm in Belgium. This is a new step taken by CGN to expand in the European market after the UK andFrance. CGN started its European subsidiary in France in 2014, mainly focusing on investmentand acquisition of renewable energy such as wind power and solar energy. Currently, CGN owns over 8.7 million kilowatts of overseas new energy holding capacity,mainly distributed in Asia, Europe and Middle East. CGN is one of the enterprises with the largest holding capacity overseas.

  • IMF leader cites ‘historic milestone’ for China

    IMF leader cites ‘historic milestone’ for China

    Oct 01, 2016 14:29
    WASHINGTON — Christine Lagarde, the managing director of the International Monetary Fund, is calling the inclusion of China's renminbi as the fifth currency in an elite group of the world's reserve currencies an "important and historic milestone" for the international …

  • Glass Lewis & Co founder takes stake in struggling SeaWorld

    Glass Lewis & Co founder takes stake in struggling SeaWorld

    Oct 01, 2016 14:08
    A consortium of investors, which includes advisory firm Glass Lewis & Co founder Gregory Taxin, revealed a 5.2 percent stake in SeaWorld Entertainment Inc (SEAS.N) and said it would engage in talks with the embattled theme park operator's management. The stake …

  • Yahoo hack may become test case for SEC data breach disclosure rules

    Yahoo hack may become test case for SEC data breach disclosure rules

    Oct 01, 2016 14:00
    Yahoo's disclosure that hackers stole user data from at least 500 million accounts in 2014 has highlighted shortcomings in U.S. rules on when cyber attacks must be revealed and their enforcement. Democratic Senator Mark Warner this week asked the U.S. Securities …

  • D5STUDIO reinforces its vision of being a “digital first” business

    D5STUDIO reinforces its vision of being a “digital first” business

    Oct 01, 2016 13:53
    Living up to its promise of being a multi-platform, multi-discipline, and multi-channel creation network, D5STUDIO has, within a year’s time, successfully transformed into a digital powerhouse that offers not just original content but a full suite of services that lives …

  • Apple in talks with Sharp to supply OLED screens for new iPhones

    Apple in talks with Sharp to supply OLED screens for new iPhones

    Oct 01, 2016 13:53
    Apple Inc. is in negotiations with Sharp Corp. to secure organic LED displays for the iPhone maker’s next-generation of devices, a person familiar with the matter said. Any OLED supply agreement would depend on the Osaka-based company’s output capacity, said the …

  • Glaxo paying $20M to resolve SEC charges of China bribery

    Glaxo paying $20M to resolve SEC charges of China bribery

    Oct 01, 2016 13:40
    WASHINGTON — GlaxoSmithKline PLC has agreed to pay $20 million to resolve U.S. regulators' allegations that the pharmaceutical giant's China operations bribed officials to boost drug sales. The Securities and Exchange Commission announced the settlement of civil charges Friday with the …

  • Bank stocks lead a rebound on Wall Street

    Bank stocks lead a rebound on Wall Street

    Oct 01, 2016 12:02
    Stocks are closing higher on Wall Street, led by big gains in bank stocks. Financial stocks were bouncing back Friday following a big drop a day earlier as worries eased over the outlook for Deutsche Bank, Germany's biggest lender. Deutsche Bank's U.S.-listed …

  • DOLE’s 17 Regional Offices assess industries with high incidence of contractualization

    DOLE’s 17 Regional Offices assess industries with high incidence of contractualization

    Oct 01, 2016 11:51
    MANILA -- Labor and Employment Secretary Silvestre H. Bello III on Friday said that the Department’s 17 Regional Offices are in full blast in assessing priority industries that have high incidence of contractualization. “The 17 Regional Offices are now assessing and …

  • BMW issues recall for new Takata air bag problem

    BMW issues recall for new Takata air bag problem

    Oct 01, 2016 10:41
    DETROIT — Another potentially deadly problem has surfaced with Takata air bags, this one forcing BMW to recall over 4,000 SUVs in the U.S. and Canada. The new problem was traced to improper welds, and it's separate from the trouble that …