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Daimler to Cut Mercedes-Benz Parts Prices in China Amid Probe

2014-08-03 21:05:31| Auto Dealers - Topix.net

Daimler AG said it will cut spare- part prices for its Mercedes-Benz cars in China by an average 15 percent from next month amid a government investigation into whether automakers manipulated prices.

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Glaxo's China Probe Means a Bonus Cut for the CEO

2014-03-03 05:47:34| Biotech - Topix.net

GlaxoSmithKline's executives saw smaller bonuses this year than "they might otherwise have been," due primarily to the aftermath of a massive corruption scandal in China.

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China Wants to Cut Down on CoalAnd That's Bad for Global Warming

2013-09-30 12:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The current plan to address one of Chinas pressing environmental crises--polluted urban air--could have the unintended effect of creating other ecological catastrophes in China and beyond. Northern Chinas reliance on burning coal for heat and energy contributes to the heavy haze that shrouds city buildings, especially in winter, and shortens the life spans of northerners as compared with their southern counterparts by as much as five years, according to a recent study (PDF) in the Proceedings...

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China pledges $275 billion over 5 years to cut record air pollution

2013-08-19 15:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Last week China announced it was going to spend over a quarter of a trillion dollars ($275 billion) to fight rampant and life-threatening pollution in its urban centers over the next five years. Recent decades of unparalleled economic growth has taken a drastic environmental toll in China, including record air pollution levels in Beijing. The announcement follows other news, including that the Chinese government has recently scrapped a massive 2,000 megawatt coal plant project near the cities of...

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CHINA: Crackdown to cut baijiu profits by one-fifth - survey

2013-07-22 19:07:00| Daily beverage news and comment - from just-drinks.com

Baijiu makers should brace for a 20% drop in profits, at least, as the Chinese Government's corruption crackdown curbs corporate entertainment budgets, according to a new report.

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