Beijing, China-based online cosmetics and perfume retailer JuMei filed for an initial public offering (IPO) in the US to raise $400 million, based in a document filed with the US Securities and Exchange Commission.
Tags: Beijing
PDVSA seeks bids for Citgo in potential $10 billion deal - sources
Venezuela's state-run oil company PDVSA [PDVSA.UL] is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp [PDVSAC.UL] by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.
State support for job cuts boosts prospects of latest Malaysia Airlines plan
The plan to save Malaysia Airlines (MAS) (MASM.KL) could succeed where past endeavours have failed because the government has finally put politics aside by agreeing to sweeping job cuts, people briefed on the restructuring told Reuters.
China Huarong says Goldman, Warburg, others to buy $2.4 billion stake
China Huarong Asset Management Co Ltd, the country's biggest bad-debt manager, said on Thursday regulators have approved a deal for it to sell a 20.98 percent stake to a consortium of eight investors for 14.5 billion yuan ($2.4 billion).
China sets up $3.3 billion aviation investment fund: report
China has set up a 20 billion yuan ($3.25 billion) investment fund to help bolster its fast-growing civil aviation industry, local media said on Monday.
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Malaysian authorities corrected the last known communication of missing flight MH370 from "all right, good night" to "Good night Malaysian three seven zero."
Malaysia Airlines flight MH066 diverted its flight and landed in Hong Kong instead of its original course heading South Korea today after electrical issues confronted the plane, reported The Daily Mail.
Text messages were sent out to the family members of those on board Malaysia Airlines flight MH370 saying, it is beyond reasonable doubt that the plane was lost in the Indian Ocean with no survivors, reported BBC.
A development on the case of the missing flight MH370 has been reported today saying debris was found floating near a remote area in the southern Indian Ocean.
The outcome of the search for the missing flight MH370 has yet to be determined, but someone would surely get blamed for the biggest lapses on security in the aviation history.
Saturday, Malaysian Prime Minister Najib Razak confirmed that the transponders of the flight MH370 were deliberately turned off by someone on board the plane.
Santa Monica, US-based media entertainment firm Content Media Corp acquired Beijing, China-based producer Alive Group for an undisclosed amount to gain access to the booming Chinese market.
The search for the Malaysian flagship carrier still results to zero after C-130 Hercules was sent out to look for the missing MH370 flight 5:15 a.m. on Friday.
Malaysia Airlines flight MH370 search and rescue operations were extended up to the Indian Ocean after reports that the jetliner might have flown additional hours after its departure from Kuala Lumpur.
