Tag: china
-
Haier nears deal to buy GE’s appliances business for over $4 billion: WSJ
(Reuters) – China's Haier Electronics Group Co Ltd is nearing a deal to buy General Electric Co's appliances business for more than $4 billion, the Wall Street Journal reported, citing people familiar with the matter. Haier beat other foreign corporate bidders vying to buy GE's Louisville, Kentucky-based business, the WSJ said. GE could not be…
-
Iraq bans poultry imports from 24 countries over avian flu threat
Iraq has extended a ban on imports of frozen and live poultry products to cover two dozen countries, including China and South Africa, the government said on Sunday. Baghdad last month restricted poultry imports from France, where an outbreak of avian flu has been reported. The agriculture ministry could not be contacted for immediate comment,…
-
Mexican drug boss ‘Chapo’ Guzman loves his mom, feels no remorse
Guzman was recaptured on Friday in northwest Mexico six months after a brazen prison-break. “With respect, and from my point of view, it’s a person who’s not looking for problems in any way,” he told Penn in a video recording, after meeting the actor at an undisclosed location weeks earlier in Mexico to pact an…
-
China December factory activity shrinks, more stimulus needed in 2016
China looked set for a soggy start to 2016 after activity in the manufacturing sector contracted for a fifth straight month in December, suggesting the government may have to step up policy support to avert a sharper slowdown. While China's services sector ended 2015 on a strong note, the economy still looked set to grow…
-
Mysterious Syndrome Can Cause People to Become ‘Drunk’ Without Drinking
The baffling case of a woman who was arrested for DWI without drinking has spotlighted a rare condition called “Auto-Brewery” syndrome, where the digestive system becomes its own tiny brewery. While the story of food-turning-to-alcohol in the body may seem like a convenient tale for the police, doctors have found the rare condition in multiple…
-
Taiwan economy: an aging tiger in need of cubs
By Faith Hung TAIPEI (Reuters) – Jason Tsai is among the few in Taiwan with excellent English, but two years after graduating from university the highly sought language skill has failed to secure him a well-paying job. Tsai has been pulling in an average monthly pay of T$15,000 ($455) through part-time work, below the minimum…
-
Many ignore Beijing smog warnings despite first pollution ‘red alert’
A blanket of humid, still air resulting in smog that is expected to shroud Beijing for at least three days triggered the capital's first ever pollution “red alert” on Tuesday as many residents ignored warnings to limit their time outdoors. Environment Minister Chen Jining called a special meeting on Monday night to urge more supervision…