CHINA

China government agency 'bombs' Alibaba over management

SHANGHAI, CHINA: A powerful Chinese regulator on Wednesday blasted e-commerce giant Alibaba for allowing "illegal" actions on its multi-billion-dollar online shopping platform...

30 Jan 2015

CHINA

Microsoft says it pays Chinese taxes after cryptic media report

BEIJING, CHINA: Software giant Microsoft said Wednesday that it pays Chinese taxes "consistent" with a China-US bilateral agreement, following a cryptic media report that a foreign company with similarities to it agreed to settle a multi-million dollar bill for back taxes...

28 Nov 2014

CHINA

China punishes Audi, Chrysler for 'monopoly' acts

SHANGHAI, CHINA: China stepped up pressure on foreign car manufacturers in the world's biggest car market, pledging to punish German luxury brand Audi and Chrysler of the United States for what it alleged was "monopoly behaviour".

7 Aug 2014

CHINA

Microsoft probed for 'monopolising' China

SHANGHAI, CHINA: China is investigating Microsoft for allegedly operating a monopoly in its market, the government said, as it took aim at the US software company's over business practices.

30 Jul 2014

SWEDEN

Garlic smugglers make millions

STOCKHOLM, SWEDEN: Two British men are believed to have made millions of euros in just over a year by smuggling Chinese garlic from Norway into Sweden, a prosecutor in Gothenburg said.

10 Jan 2013

SWITZERLAND

IMD announces its 2012 World Competitiveness Rankings

LAUSANNE, SWITZERLAND: IMD, a top-ranked global business school based in Switzerland, has announced the findings of its annual World Competitiveness Yearbook (WCY). The WCY rankings measure how well countries manage their economic and human resources to increase their prosperity.

1 Jun 2012