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Seven eyeglass and contact lens manufacturers fined in China
Contact lensesFriday May 30, 2014 7:44AM ET
Chinese authorities said that seven eyeglass and contact lens manufacturers have been fined more than 19 million yuan ($3.1 million) for price manipulation.
Alibaba Group to buy 10% stake in Singapore Post
AlibabaFriday May 30, 2014 6:46AM ET
Alibaba Group Holding Ltd announced plans to buy a stake in Singapore Post Ltd, a move that for the first time directly connects China's ecommerce system with overseas logistics.
Samsonite buys Speck Products
Samsonite InternationalFriday May 30, 2014 5:55AM ET
Samsonite International S.A. acquired Speck Products, a U.S. designer and distributor of slim protective cases for personal electronic devices, from VMG Partners for $85 million in cash, financed by Samsonite's internal resources as well as its revolving credit facility.
Dover Motorsports sells Nashville Superspeedway
Nashville SuperspeedwayFriday May 30, 2014 4:35AM ET
Dover Motorsports, Inc. has entered into a definitive agreement to sell its Nashville Superspeedway facility to NeXovation, Inc.
Orica wants to dump toxic waste in France
Orica toxic wasteFriday May 30, 2014 2:40AM ET
Australian chemical company Orica has applied for permission to send toxic waste to France, reports L’Express.fr.
Jet Airways and Etihad Airways span their codeshare deal
Etihad AirwaysFriday May 30, 2014 2:36AM ET
Jet Airways together with its strategic partner Etihad Airways has announced further expansion of its codeshare spanning a wide array of destinations across the globe.
Will China replace IBM's servers?
China stock exchangeThursday May 29, 2014 5:10PM ET
Stocks of Chinese information technology companies jumped Wednesday on speculation that China may remove IBM Corp's servers from its banking sector.

 

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