Business - NsNewsWire

Starbucks eyes China market expansion in next five years

NEW YORK, Dec. 8 (NsNewsWire) — Starbucks said on Wednesday that its fast-growing China market could one day eclipse that in the U.S.. The company unveiled its five-year strategic plan at its biennial investor conference on Wednesday in New York City, reports Xinhua. According to the plan, the company eyes to grow revenue by 10 […]

Experts say Australia must turn to China’s leadership on free trade after Trump election

MELBOURNE, Dec. 8 (Xinhua) — China’s position as a global leader on free trade will be enhanced by the death of the Trans Pacific Partnership (TPP), experts have told the Boao Forum for Asia in Melbourne on Thursday. Deming Chen, president of the Association for Relations Across the Taiwan Straits and China’s former commerce minister, […]

INFINITI sets new November sales record with more than 4,000 vehicles sold in China

HONG KONG, Dec. 6 (Xinhua) — INFINITI released its global sales figures for November Tuesday, showing total November sales were up 5 percent year on year. In China, sales hit record, with a 6 percent increase compared with the same month last year. Total November sales of more than 20,000 were up 5 percent versus […]

Tibet airport handles over 3 mln passengers

LHASA, Dec. 6 (Xinhua) — The number of passengers handled by Lhasa Konggar Airport in Tibet exceeded 3 million this year, showing the rapid development of its civil aviation industry. The airport in Lhasa, capital of Tibet Autonomous Region, opened in 1965. It saw passenger numbers exceed 1 million in 2006 and 2 million in […]

Tokyo shares close higher as Italy uncertainty concerns dispelled

TOKYO, Dec. 6 (Xinhua) — Tokyo shares closed higher Tuesday as investors shake off political uncertainty in Italy sparked by Italian Prime Minister Matteo Renzi’s lose in a referendum over his proposals for constitutional reforms. The 225-issue Nikkei Stock Average ended up 85.55 points, or 0.47 percent, from Monday at 18,360.54. The broader Topix index […]

GP Accelerator Demo Day held at GP House

DHAKA, Dec. 4 (NsNewsWire) — Grameenphone Accelerator hosted a Demo Day for the second batch of graduates of the program, at the Grameenphone Corporate Headquarters, GPHouse, in Bashundhara, Sunday. The five startups of the GP Accelerator program – BuzzAlly, Socian, Cramstack, Ghuri, and CMED – presented their business ideas at the event, in front of more […]

Robi improves customer’s smartphone Experience with ERICSSON 3G Flow of Users

DHAKA, Dec. 4 (NsNewsWire) — Robi, the second largest operator in Bangladesh, has noted significant improvements in both voice and data user experience following the implementation of Ericsson’s 3G Flow of Users in its network. Without adding equipment, Robi’s country-wide is now able to carry 5 percent more voice calls, while users enjoy 13 percent […]

Russian president underscores economic growth in state of union address

MOSCOW, Dec. 2 (Xinhua) — Russian President Vladimir Putin on Thursday stressed the importance of economic growth, saying development is the top priority of the country. While giving his annual state of the union speech to the Federal Assembly, Putin addressed the full scope of domestic and foreign issues, as well as the outlines for […]

Political turmoil in S. Korea adds to concerns over faltering economy

SEOUL, Dec. 2 (Xinhua) — Political turmoil in South Korea, triggered by a scandal involving President Park Geun-hye, adds to concerns over the already faltering economy, heralding a drawn-out slump in the absence of economic control tower. Real gross domestic product (GDP) rose 0.6 percent in the July-September quarter compared with the previous quarter, staying […]