Global and China News

Boss of Russia's Lada eyes profits despite struggling auto industry

(Mon, 29 Aug 2016 00:33:00 +0800)

(ChinaPost.com.tw) - Four months after taking the helm of struggling Russian automobile giant Avtovaz, Renault executive Nicolas Maure has set his sights on returning the Lada maker to profit by 2018.

Japan passenger jet aborts two test flights to US in two days

(Mon, 29 Aug 2016 00:33:00 +0800)

(ChinaPost.com.tw) - Japan's new passenger jet on Sunday aborted a test flight to the United States for the second time in two days because of an air conditioning defect, its maker said.

Retail titan Amazon to trial 30-hour workweek

(Mon, 29 Aug 2016 00:33:00 +0800)

(ChinaPost.com.tw) - U.S. online retail titan Amazon, which has been accused of fostering a cutthroat workplace atmosphere, will try out teams that log 30-hour workweeks, the Washington Post reported on Friday.

TSMC expected to retain No. 1 chip-maker position

(Mon, 29 Aug 2016 00:33:00 +0800)

(ChinaPost.com.tw) - Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip-maker, is expected to take a 58 percent share of the global pure-play wafer foundry operating market in 2016, and retain the world's No. 1 title, according to market information advisory firm IC Insights.

Influential Gupta family plans sale of South African interests

(Mon, 29 Aug 2016 00:33:00 +0800)

(ChinaPost.com.tw) - South Africa's wealthy Gupta family with influential ties to President Jacob Zuma said Saturday they plan to sell all their business interests in the country by the end of the year.

Stocking up in protest

(Mon, 29 Aug 2016 00:33:00 +0800)

(ChinaPost.com.tw) - French farmers of Federation of Farmer Unions (FDSEA) fill a grocery cart with dairy of the Lactel brand in a supermarket in Louvroil, northern France, to protest the price of the milk.