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Amazon’s 12 best daily deals: over a dozen storage deals, killer smartphones, a gaming laptop, more, Today’s batch of amazon’s best daily deals came about only after we dug through more than a wireless n router for $20, a great price on a 1tb xbox one bundle, a badass gaming laptop and much more. Best xbox one deals - If you're keen to make sure your precious cash goes as far as possible then fear not, as you've come to the right place. Visit source Xbox One Bargain Deal: Amazon, Best Buy, Microsoft Store; Slim Console Confirmed? Amazon’s 12 best daily deals: over a dozen storage deals, killer smartphones, a gaming laptop, more - Today’s batch of amazon’s best daily deals came about only after we dug through more than a wireless n router for $20, a great price on a 1tb xbox one bundle, a badass gaming laptop and much more.
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INDIAPOST – All India Anna Dravida Munnetra Kazhagam (AIADMK) chief J Jayalalithaa suffered another setback on Wednesday as the vacation bench of the Karnataka High Court adjourned her petition seeking bail till October 7, Zee News reports. When most women think of games consoles, thoughts of boyfriends sitting for hours slaying enemies on Call Of Duty or building the dream football team on Football Manager spring to mind. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. E3 2016 – expect new xbox consoles and more from microsoft, This would be a smart move on microsoft's part, as this would allow them to enter the vr market with their console without needing to invest millions in researching and developing their own headset. Microsoft e3 2016 predictions: why sony might join microsoft onstage, Rumors have continued to circulate regarding potential upgrades to both the xbox one and the ps4, though while many are all but convinced that sony will debut a 4k version of their console the games microsoft unveiled during its e3 2015 presentation. The xbox one just cut its price and you almost certainly should not buy one, $300 is a great deal for one, and a very solid base price moving forward. E3 2016 – expect new xbox consoles and more from microsoft - This would be a smart move on microsoft's part, as this would allow them to enter the vr market with their console without needing to invest millions in researching and developing their own headset. Microsoft e3 2016 predictions: why sony might join microsoft onstage - Rumors have continued to circulate regarding potential upgrades to both the xbox one and the ps4, though while many are all but convinced that sony will debut a 4k version of their console the games microsoft unveiled during its e3 2015 presentation.
The xbox one just cut its price and you almost certainly should not buy one - $300 is a great deal for one, and a very solid base price moving forward.
Xbox one update brings cortana and new game features to the console - The rumors suggest that we might get a look at the xbox one mini or xbox one slim during e3 2016. E3 2016: what to expect from microsoft - Gamescom 2015 let attendees partnered with microsoft studios to bring to life scalebound, an action rpg coming exclusively to the xbox one. E3 2016: top sony ps4 announcements we’d like to see - Sony’s e3 2015 press conference today, we focus on microsoft and some of the things they might reveal for the xbox one at the update (back online): the lizard squad takes psn down too? CELEBTODAY – A globally prominent rabbi led Jewish teenagers in a prayer vigil Monday outside the Metropolitan Opera to protest an opera they say glorifies Palestinian terrorists. Christina Milian Turned Up: Lil Wayne to Make Appearance on Girlfriend’s Reality Show? CELEBTODAY – Not everyone who is on top of the fast-moving pop music scene has heard of Charlotte Aitchison, even by her stage name Charli XCX, but lots of people have heard her or her songs. Baofeng Technology Co Ltd, an internet entertainment and technology company, on Tuesday announced it has set up a subsidiary specializing in sports, a move which follows its acquisition with Everbright Securities Co of a 65 percent stake in sports media rights firm MP & Silva Ltd. The Beijing-based group said the new unit, called Baofeng Sports, will strengthen cooperation with Chinese brokerage Everbright Securities and MP & Silva in the fields of sports copyright, content, internet services and virtual reality. On Tuesday, Baofeng launched a series of sports service portals, such as mobile apps, a website and a sports channel. It has also obtained the new media broadcasting rights for the Chinese Football Association Super League for its 2016 season. It is the first step that Baofeng Technology has made into the global sports industry and the global sports' media copyright market.
In late May, it established the Shanghai Jinxin Investment Fund with Everbright Securities and bought a 65-percent stake in MP & Silva. The government has pledged to create a sports economy worth more than 5 trillion yuan by 2025, encouraging companies toward mergers and a wider reorganization and supporting their overseas M&As, to boost the development of the sports industry. Andrea Radrizzani, the co-founder of MP & Silva and in charge of Baofeng Sports' international business, said at the launch ceremony that the new subsidiary would build up "a new VR sports experience" and explore more diversified business models, bringing world sports events to China, and help Chinese sports go global.
The move follows the Bank of Beijing's selection by the China Banking Regulatory Commission as one of the first batch of 10 banks to participate in a pilot program to establish an "investment and loan linkage mechanism" for qualified technology startups. In April, the CBRC, the Ministry of Science and Technology and the People's Bank of China jointly issued guidelines to encourage banking institutions to join the pilot program for the qualified technology startups.
It is a major breakthrough compared with the existing rules, which prevent commercial banks from investing in non-bank financial institutions and companies. Previously, if a commercial bank wanted to invest in a company, it had to do so through a non-bank financial institution. He added that more innovation in the financial markets should be done to help tech firms, which had grown tremendously in the past 20 years. Xiao Ying, deputy director-general of the CBRC Beijing office, said regulators were doing systematic research to further clarify the functions of the new investment subsidiaries to be set up by the banks and their financial arms specializing in serving technology companies. Shanghai Yiqian plans to buy a 82.5 percent stake in Hahn airport from the current owner, the German state of Rhineland-Palatinate, for an undisclosed amount, Reuters reported.
The state will provide around 70 million euros ($79 million) in subsidies for the airport for the next 10 years, according to the interior ministry. The new owners will be expected to cover at least 50 percent of the investment costs, according to the interior ministry. Transformed from a former military base, Hahn airport ranks fifth in terms of freight volume in Germany. Irish budget airline Ryanair used to be Hahn airport's major user, but has been cutting back on services from Hahn and diverted business to other airports.
Hahn is the most distant airport from Frankfurt, with passengers needing to take a 100-minute shuttle bus ride to the city center.
Hahn airport, however, does have the merit of a 24-hour flight permit, giving it a competitive edge on airports with more restricted flying hours, handy for freight flights in particular.
Yu Tao Chou, chairman of Shanghai Yiqian, told Reuters that increased air freight links from Germany would help supply China with Western products such as meat, at a time when local producers were struggling to keep pace with growing demand. Zhou Yangji, an air industry consultant based in Zhengzhou, Henan province, said the airport's losses were the biggest challenge the new owner will have to address.
He said the Chinese investors should be prepared to use modern aviation industry management tactics, utilize local operational experience and develop detailed plans to link the German airport and the Chinese domestic network.
The first batch of investments by the Asian Infrastructure Investment Bank will be announced on June 24 during its third board meeting, said the bank's President Jin Liqun on Tuesday. These will include the bank's solely financed projects, as well as those co-financed with the World Bank and the Asian Development Bank.
With authorized capital of $100 billion, the AIIB will invest in infrastructure, energy, transportation, urban construction, water supply and logistics as well as education, healthcare and environmental projects. The World Bank said in a statement that the AIIB expects to approve about $1.2 billion in financing this year, with projects jointly financed by the World Bank accounting for a sizable share. Standard Chartered CEO Bill Winters said: "The initiative is a key factor for the development of the region. Commercial banks including the Bank of China and Industrial and Commercial Bank of China have also been active in developing businesses in countries along the Belt and Road routes.
Jin added that the AIIB would support projects under the Belt and Road Initiative in countries such as Indonesia and Pakistan. Asian Infrastructure Investment Bank President Jin Liqun (left) and CEOs of multinationals at the headquarters of the bank in Beijing on Tuesday.
He said with its broad product portfolio, Continental brings to vehicles innovative technologies, which will sustain the company's double-digit growth in China over the next few years.
Cramer said the company also plans to raise Asia's share of its global business from 20 percent in 2015 to 30 percent in 2020.
Zhang said international suppliers Continental and Robert Bosch GmbH are currently the top two players in China.
Continental's global sales in 2015 were 39.2 billion euros, of which China accounted for about 11 percent. The company has yet to release details of its sales so far this year, but Cramer said the China market achieved "double-digit" growth in the first quarter. On Monday, the company announced it will establish a new research and development center in Chongqing, its latest move to boost development resources for the western China market. The new location will host system requirement engineering, software development, electrical, mechanical engineering and test capabilities for the auto electronics applications, new-energy vehicle and industry business sectors.
The company said the Chongqing R&D center will make room for 400 developers till 2020 and have 1,000 employees by 2025. He said the auto industry has been developing rapidly in western China and more automakers are increasing their production capacity and R&D capabilities in this area. Opening on Wednesday, the store is designed for families visiting the new Disneyland, which is estimated to have 25 million visitors a year.
Winnie Ma, a barista who is now the store manager at the Starbucks in Disneytown, was surprised to find visitors from Shanghai addressing her in her local dialect when she was receiving training at the company's stores last year in Anaheim and Orlando in the United States. She said by doing so, her colleagues can better interact and engage with visitors from their hometown or place nearby, creating a more intimate and friendly atmosphere.
The country's fourth flagship store and the 12th Starbucks has collaborated with Disney Resort, meaning the store will include new menu ordering options through a variety of mobile devices to help ease the expected large number of visitors.
Customers can order their favorite beverages and food using a mobile hand-held device available at the store or from their personal mobile devices.
John Boline, senior design director of Starbucks China, said he held a test run to make sure how to handle the flow of the traffic and maximize operational efficiency. Boline is head of a design team comprised of local talent that design stores for China, with support from the company's headquarters in the US. Belinda Wong, president of Starbucks China, said the store shows how committed the company is to the Chinese market - the largest international market for Starbucks.
The global LCD TV shipments of Chinese home appliances maker Hisense Group will reach 15 million this year, ranking third. Japanese brands on the whole are gradually losing market shares to the rapidly growing Chinese brands.
Industry sources said as Japanese TV manufacturers have stepped up their pace of transformation, their sales and market shares are gradually tapering off, and the current competition in the global LCD TV market is between South Korean and Chinese firms.
Zhang Yanbin, assistant director of All View Cloud, a Beijing-based consultancy specializing in home appliances, said: "The rise of homegrown Chinese home appliances makers has made Japanese electronics giants exit from the fierce competition, pushing the latter into business-to-business sales.
Ricky Lin, research manager of WitsView, a division of TrendForce Corp and a display market research firm, said a recent notable trend in the TV market has been the rise of Chinese internet brands.
A young man was singing cheesy pop songs in his bedroom, pausing from time to time to thank people for offering him virtual gifts and cash-filled electronic red envelopes. After hearing friends talking about how popular live-streaming apps are and reading news report about how the nascent and yet booming industry has generated wealth and fame, I decided to give them a try. The fact that there are more than 200 live-streaming apps in the Chinese market shows how popular the industry is. One extreme case is that a pretty young woman drew hundred of thousands of viewers by live streaming her sleep. The apps allow people to peek into the lives of total strangers regardless of their location and with little cost. The apps have also sparked controversy for pornographic content and copyright infringement. It would be cool if I could randomly tune in a video and find someone live-streaming his or her travel to Antarctica or the magnificent pyramids in Egypt. In response to the recent slowdown in the growth in private investment, the State Council, China's cabinet, sent nine ministry-level teams to conduct a 10-day field inspection in 18 provincial-level regions starting May 20, according to the report.
Sluggish demand, unfavorable policies, insufficient government support, and rising labor and financing costs, have caused many private enterprises to show little interest in making investments, said Zhang Yong, deputy head of the National Development and Reform Commission, at Tuesday's meeting. According to the report, local governments have made several successful attempts to stimulate private investment, ranging from the promotion of the public-private partnership approach and allowing more private capital to enter the energy and infrastructure industries, to granting college students easier access to entrepreneurship.
The implementation of certain projects, however, has failed to work as expected, said Vice-Minister of Finance Liu Kun. To regain the confidence of private investors, Feng Fei, vice-minister of industry and information technology, stressed the need to create a climate of fair competition in which private investors can participate in the ongoing reform and mergers of SOEs. Xia Guangyao, chairman of Wenzhou Jialunte Textile Finery Co in Zhejiang province, said the company has invested in a government-backed park project in the city. The World Bank has approved loans totaling $500 million to Hebei province to help reduce air pollution, according to a news release on Tuesday.
The central bank on Tuesday allowed 70 billion yuan ($10.67 billion) to drain from the market.
China's intellectual property market slowed last year under economic pressure, an official report showed on Tuesday. More than 30 food companies in Fujian province have signed an agreement with the Fujian Entry-Exit Inspection and Quarantine Bureau, promising to supply the same quality products for the domestic and overseas markets. Shanghai Pengxin Group Co is in talks to buy control of Brazilian mid-sized lender Banco Indusval & Partners SA. Industrial and Commercial Bank of China Ltd will boost Singaporean companies' participation in the Belt and Road Initiative infrastructure projects across Asia, according to a memorandum of understanding signed by ICBC Singapore branch and International Enterprise Singapore. China's major telecom equipment maker ZTE said on Tuesday that it would set up a training center at one of Malaysia's top universities as part of its efforts for a "digital silk road." The agreement between ZTE and Malaysia's Multimedia University will see the establishment of a training center to provide training for customers and employees of ZTE, and also to provide internship opportunities for students of the university. State-owned China Communications Construction Co Ltd is seeking to operate the China-funded Mombasa-Nairobi standard gauge railway for five years, according to Caixin, a business publication.
Shanghai-listed Qingdao Haier Co Ltd has announced it has signed the documents for its acquisition of GE Appliances. Air China Ltd announced on Monday that Wang Yinxiang, a non-executive director of the company and vice-chairman of the board, tendered her resignation due to a change in job assignment. China Everbright Ltd, the Hong Kong-based money manager with more than $5 billion of funds under management, is closing a China-focused hedge fund after its performance suffered during the stock market rout last year. Ford Motor Co, aiming to make China the top market for its Lincoln luxury line, is in talks with partner Changan Automobile Group about producing the brand's vehicles in Chongqing, according to people with knowledge of the matter. BHP Billiton Ltd on Monday announced a $7.4 million donation to Peking University to develop technology to capture carbon emissions from the iron and steel industries.


South Korea's environment ministry on Tuesday banned sales in the local market of Japanese automaker Nissan's Qashqai model for alleged emissions fabrication.
The Russian agricultural watchdog agency, Rosselkhoznadzor, imposed a ban on Tuesday on poultry imports from a Brazilian company, as well as a ban on beef and beef byproducts from an Argentine firm. Overseas-bound Chinese companies, particularly property majors, can avoid various kinds of troubles by taking some simple measures, experts in Hong Kong said.
One of the steps that would help is hiring foreign professionals to help manage overseas assets.
They remain optimistic about the future of Chinese outbound deals, but suggest the mainland's companies should leverage Hong Kong's strengths in professional services and international orientation to help tackle problems abroad.
Chinese property developers have "suffered a string of setbacks" in overseas building projects, highlighting the cultural and operational challenges these groups face working in unfamiliar territories, the Financial Times reported on June 1. The report included Wanda Group's plan to sell a building it bought in 2014 initially for redevelopment in Madrid, Spain.
Greenland Holdings, based in Shanghai, also ended its relationship with Sydney-based engineering group Brookfield Multiplex in late May for "failing to reach an agreement on commercial terms to build Sydney's tallest residential tower", the FT reported. Country Garden, another big Chinese developer active in Australia, recently said that planning delays and difficulties in dealing with local councils in Sydney had delayed its pace of investment.
Li said Hong Kong, with its strength in professional services, could be "a very good base when our companies go abroad", adding Asia's global city could also help the mainland's investors address culture and language gaps in international markets. Honson To, co-chairman of accounting firm KPMG China, said he is also seized of Chinese companies' difficulties in managing overseas teams and overseas operations. To, who has spent years on advisory services providing M&A advice to clients, sees culture clashes as a key challenge for Chinese companies abroad. But he is confident of change when Chinese companies hire foreign professionals to oversee their operations.
To also expects China's outbound investment to diversify from focus on mainly acquiring natural resources to other sectors including infrastructure, manufacturing technology and service industries, in addition to property deals. China's appetite for cutting-edge technologies and quality assets has pushed its companies to seal 142 big-ticket acquisition deals abroad in the first quarter of the year, the Ministry of Commerce announced in April. The diversification of outbound deals is "quite healthy" and encouraging for the future of China's business landscape, according to To.
Yet, China's foreign exchange reserves rose for a second straight month in April, as fears about a weak yuan and capital outflow eased amid increasing signs of stabilizing economic growth.
This marked a second month of rise following the unexpected increase in March that put an end to a falling streak since November, according to data from the People's Bank of China. The positive change followed five consecutive monthly declines, including a record slump of $108 billion in December and a $99.4-billion decline in January. The Edificio Espana building on the Plaza de Espana square in Madrid was bought by Dalian Wanda Group in 2014 with a plan to upgrade it to a highend officeandhotel complex. Food entrepreneurs in China are trying to show that there are endless possibilities of healthy eating options that go beyond the dull celery and carrot sticks.
Although still at an infancy stage in China, the health food industry is developing and growing fast. An increasing number of restaurant chains that serve health foods that are tasty, fresh and creative are springing up. Element Fresh, one of China's leading restaurant chains for health food, was set up in 2004 in Shanghai, which focuses on sandwiches, salads and fresh juices. The chain, co-founded by Scott Minoie and George Wang and managed by Frank Rasche, has been thriving in the past decade amid a rising awareness of the role of food in maintaining good health. Although the restaurant chain was initially mostly frequented by foreigners, currently three quarters of its customers are Chinese.
The restaurant chain refuses to disclose its annual revenues but remains confident that it will be able to continue registering solid double-digit growth in coming years.
The company currently has 32 restaurants, including an outlet recently inaugurated at the Shanghai Disney Resort. The health food market in China has tripled since 2007 to currently account for 1.01 percent of total food consumption, which is still lower than the 5 to 8 percent of the market in areas like Europe and the United States, according to Ryan Zhou, senior director of Nielsen China. Higher purchasing power among consumers, coupled with growing awareness of the benefits of adopting a nutritious and balanced diet, are driving the demand for natural and fresh food in the country. Last year, the market size of China's health food industry reached 150 million yuan ($23 million), with an annual growth rate of 20 percent from 2010, said international consultancy Frost & Sullivan. Beijing-based marketing specialist Tracy Ye said that her food choices have become a top priority in her life in the past few years. She spends an average 9,000 yuan per month in health food for her and her husband, adding that truly healthy eating options are still scarce in the capital city. Ye said that her eating choices have limited the number of restaurants she visits, noting that she only eats out at the handful of restaurants in Beijing that offer a healthy selection. Andrew Stevenson, a restaurateur of Scottish and Japanese descent, decided to mix two different culinary cultures to create Obentos, a Japanese-inspired restaurant chain with a Western influence that serves healthy recipes. His first restaurant opened four years ago in Beijing almost out of necessity due to lack of healthy eating options. With his own savings and with help from his family, Stevenson decided to focus on bento boxes and salads, an innovative fusion concept that was until then unexplored in China. Stevenson said that the concept is very popular among the locals, with 80 percent of his customers being Chinese. The company recently inaugurated its second restaurant and flagship store at the Grand Summit shopping center in the Liangmaqiao area in central Beijing. The business is progressing well and the restaurant chain expects more than $1 million in revenue this year. Beijing-based Factory Fresh, a catering enterprise and restaurant based within Beijing's 798 Art District, delivers healthy meal plans to the busy Chinese urbanites who want to improve their diet. Customers can get a dietary schedule arranged for them, which includes three main meals and two midday snacks. Factory Fresh offers meals with different nutritional value, ranging from those planned for weight loss to menus for athletes and active individuals.
Although the company refused to disclose annual revenue figures, it noted that providing healthy meals is a very profitable business. In fact, competition in that segment is already booming in Beijing, particularly through online channels.
The latest health fad involves consuming drinks that are said to cleanse and detoxify the body. These days, a growing number of consumers in China are indulging in cold-pressed juices and smoothies. Melissa McKenna, a native of Arizona, the US, was one of the first entrepreneurs to introduce the cleansing juice movement in China after realizing it was an untapped market in the country. Her company Juice by Melissa has been delivering raw and unpasteurized cold-pressed juices to Beijingers since its launch in December 2013. The premium juices are produced in Beijing with organic fruit and vegetables from Yunnan and imported nuts from Australia and chia seeds from South America. Formulated by McKenna herself who has a background in nutrition, the juices are either sold individually or offered in daily sets of six bottles with each containing the necessary nutrients to replace a solid diet.
The price for a daily juice cleansing is 360 yuan ($55), while individual cold-pressed juices to complement a diet can start at 25 yuan.
Experts said that a juice cleansing can last for as little as 24 hours, but those who want a deep cleansing can aim for a one- or two-week detox program. Juice and smoothie detox and cleansing businesses vouch that cold-pressed concoctions allow the digestive system and liver to eliminate accumulated toxins.
Although Juice by Melissa would not disclose annual revenues, it said that sales have registered a 40 percent increase since the inauguration of a second store in Shunyi, on the outskirts of Beijing, in April this year. The company plans to open five to 10 new stores in the next two years in Beijing to match the increasing demand for its products.
Although it is still a niche sector, the growth of these business ventures reflects the increasing acceptance of health products among consumers.
US-born Elizabeth Schieffelin set up the base of her health drinks business in 2014 by blending superfood smoothies that she sold at farmer markets, schools and fitness studios in Shanghai. With profits earned from market sales and money raised from a crowdfunding campaign, she generated enough finance to open her first Lizzy's All Natural shop in May 2015 in Anken Life, a wellness complex in Shanghai. Although Schieffelin would not share revenue figures, she noted that her self-funded company is now growing organically with plans to open an additional shop this summer. Nestle SA and Alibaba Group Holding Ltd have launched a digital commerce and marketing campaign, a move the Swiss food giant hopes will boost its disappointing business in China through innovation in products and digital distribution channels. The six-month joint campaign will leverage Alibaba's online and mobile marketplaces, media platform and rural services. According to Nestle, it will feature 154 products from 30 brands, 67 of which will be introduced to Chinese consumers for the first time. Nestle's growth had been slowing in the past few years in China, as the company said it has not reacted quickly enough to trends like e-commerce and healthier eating. Nestle said its Chinese Yinlu congee brand still faces challenges as consumers shift to more premium products.
Martello said at an investment meeting in May that despite the slowdown in Chinese economy and the country's fast-moving consumer goods sector, the country remains a great consumer story thanks to its emerging middle class and their growing disposable income.
But she said its driving force is innovation and technology through building new competency - dealing with new challenges in digital distribution - instead of traditional bricks-and-mortar stores. The company set up a standalone e-commerce unit in China a few years ago that is independent of its traditional business. China remains the world's biggest e-commerce market, and online penetration still reported double-digit growth, according to researches. Most multinational brands such as Nestle has been relying on previous growth through expanding their penetration in hypermarkets and supermarkets in the past decade.
Leveraging powerful e-commerce platforms like Alibaba's Tmall will help the brands overcome barriers to building distribution, making their products immediately accessible to consumers in smaller cities, said Yu.
Nestle SA and Alibaba Group hold a ceremony on Sunday in Beijing to celebrate the establishment of their partnership.
Like Uber Technologies Inc, which enables passengers to hail an empty car in an instant, Truck Alliance allows shippers to post load information on its mobile application and connect them with truck drivers, so as to reduce a truck's empty miles and waiting time between loads.
Currently, the company is serving about 2 million truck drivers and more than 300,000 shippers on its platform.
The company will launch Vietnamese-language, Thai-language and Myanmar-language versions of its smartphone app on June 12, when the China-South Asia Expo is to be held in Yunnan province. As part of its broad efforts to go global, Truck Alliance will also establish a research and development center in the United States next month, to focus on the industrial design of new energy trucks. The expansion plan came after Premier Li Keqiang last month praised the firm for "leveraging cutting-edge technologies such as big data and the internet of things to serve people". But with a presence in more than 300 cities across China, the 9-year-old company is not a one-of-its-kind mobile app. Cai Jin, vice-chairman of the China Federation of Logistics and Purchasing, said: "It is an easy job to bridge the information gap between supply and demand. Truck Alliance CEO Dai said that in his company more than 2,000 of its 3,000 employees are tasked with checking the credibility of shippers and the firm would compensate truck drivers with at least 500 yuan ($76) if shippers on its platform fail to deliver on their promises. Zhang Xu, an analyst with internet consultancy Analysys International, said in China more than 90 percent of truck drivers are self-employed and each driver is in essence a small enterprise.
Wanda Cinema Line Co, China's biggest cinema chain and a subsidiary of privately owned property giant Dalian Wanda Group Co Ltd, is seeking to acquire a 100 percent stake in Wanda Media, the owner of movie blockbuster maker Legendary Entertainment. The Shenzhen-listed Wanda Cinema saw its shares surge by the 10 percent daily limit on Monday, and closed at 88.33 yuan per share, right after it resumed trading. Founded in 2011, Wanda's cinema unit is already the country's largest cinema chain with nearly 2,000 screens, while the film production and distribution operation has been taking increased market share, despite it being a relatively new company. Liu Cuiping, research director at EntGroup, said the acquisition is further evidence that Wanda is looking to become a major player in the entertainment industry comparable to those in Hollywood. Currently, Wanda Cinema's main business focuses on the downstream side of the film and television industry. In January, Wanda Media acquired a majority stake in Hollywood movie studio Legendary Entertainment for 23 billion yuan. The World of Warcraft, a new film that will be released domestically on Wednesday, is also a landmark piece produced by Legendary Entertainment. Despite the loss, Wanda Cinema signed up to the agreement with Wanda Media, and predicted that in the next three years, the cumulative net profit of Wanda Media will be no less than 5.1 billion yuan. The company saw its shares surge 44 percent from the opening price, to close at 5 yuan (76 cents) per share. The company had been preparing for its listing since 2010, but the process was delayed by Japan's Fukushima nuclear disaster in March 2011. The State-owned company got approval for an initial public offering earlier last month from the China Securities Regulatory Commission.
CNEC, which claimed to be the only company working nonstop in the nuclear construction industry for the past three decades, said it would use funds from the listing to buy nuclear construction equipment and expand its nuclear power plant construction. The Beijing-based company has completed construction of the nuclear islands of 24 units at such sites as Hongyan River in Liaoning province, Taishan in Guangdong province and Sanmen in Zhejiang province. CNEC has developed its own nuclear high-temperature gas-cooled reactors, an indigenous nuclear technology, jointly with Tsinghua University.
In 2015, it inked a framework agreement with Saudi Arabia to promote this homegrown fourth-generation nuclear technology in the Middle East country. Tang Xiao, a senior analyst at GF Securities Co, said that there will be an increasing demand for nuclear power in China because the country has embarked on a massive nuclear construction plan, as a way to optimize its energy mix. Speculation that Chinese authorities will soon announce the start date for an exchange link with the Shenzhen bourse spurred gains by securities companies and banks last week.
China COSCO Shipping Co, the country's largest shipping company by fleet size, officially launched COSCO Shipping Energy Transportation Co in Shanghai on Monday, creating the world's largest oil tanker fleet in terms of both ship numbers and deadweight tonnage.
With a total of 105 oil tankers, including nine liquefied natural gas carriers and a deadweight tonnage of 17.04 million, the new company has the world's biggest fleet of oil tankers and the largest transport capacity of its kind.
The new company was formed by the previous China Shipping Development Co and COSCO Dalian Ocean Shipping Co. COSCO Shipping Energy Transportation is also involved in investing in up to 25 LNG carriers, and it has more than 200 large domestic and overseas business partners in the oil and gas sectors such as China National Offshore Oil Corp, Royal Dutch Shell Group and BP Plc. Wang said the group will not only improve the country's ability to ensure its energy, economic and transportation security, but also play a key role in demonstrating that "reform is the fundamental way for SOEs to grow and prosper".


COSCO Shipping Energy Transportation will develop business operated by LNG carriers as a priority during China's 13th Five-Year Plan (2016-20). Eager to develop businesses in logistics, energy development, industrial equipment manufacturing, financial and shipping services, COSCO Shipping also launched COSCO Shipping Financial Holding Co in Hong Kong last week to diversify the group's businesses in the financial services including vessel leasing, investments, finance management and insurance. BYD Chairman and Chief Executive Wang Chuanfu made the announcement during the company's shareholders meeting on Monday. According to Wang, electric streetcars will be deployed in the country's second-, third- and fourth-tier cities, though he did not elaborate.
The company said it has already set up a light-rail transit research institute to pave the way for the future development of the business.
Cheng said the lower cost of construction, operation and maintenance of streetcar networks is something that governments in small cities would be able to afford. Electric streetcars may work well in short-distance transportation, for example in tourist attractions in a city, he said. However, he added that developing streetcar networks may lessen the financial strain on governments in terms of subsidizing electric buses.
But for Bertrand Schmitt, chief executive officer and co-founder of App Annie, a San Francisco-headquartered app analytics startup, it is the second iPhone that truly marked the beginning of smartphone era. Now six years after he launched App Annie, a service that collects and deciphers data about the use of individual apps, as well as providing more complex metrics about user behavior and the impact to revenue growth, something big has happened and at the center of all these changes is China. The latest statistics from App Annie show that for every hour users spend on their smartphones, 51 minutes are spent using apps while only 9 minutes are spent using browsers. Although the popularity of smartphones in China only really started to take off in 2012, China is catching up very quickly and is looking to overtake the United States, becoming the world's top spending nation on in-app consumption before 2020, said Schmitt. He told China Daily in a recent exclusive interview that China accounts for about 20 percent of the world's gross app store revenue and it is expected to take about 30 percent of total revenue by 2020. The shift in user habit means that mobile apps have gradually become the predominant way for anyone who wants access to Chinese consumers, he said. According to Schmitt, the main reason that the Chinese have so willingly embraced the mobile internet era is that personal computers were very expensive and took up a lot of space compared with a smartphone. Jin Jiang became the biggest shareholder in AccorHotels, Europe's largest hotel operator, with a holding of about 15 percent as of May 27, according to a filing to the French stock market regulator AMF, Reuters reported.
Since January, Jin Jiang has gradually built up its stake in AccorHotels, from 5 percent to 10 percent by the end of February, according to public information.
It sold 250,000 copies in just 48 hours, beating the Xbox One by 100,000 copies and toppling the previous record, held by the Sony PlayStation portable when it launched in 2005.A Hundreds of gamers camped for hours, and in some cases days, to be the first to get their hands on the fourth-generation console as shops across the UK opened at midnight on Thursday.
Reportedly a close friend of host Salman Khan, Mirza is all set to shake things up in the Bigg Boss house. The company has become the official partner of the China Basketball Association for its 2016 season and will make official VR videos for the Chinese women's basketball team.
It said it has been involved in close cooperation with the CBA to explore recording and playback of VR content.
The 10-billion-yuan fund invests in culture, internet, sports, education, healthcare and other sectors.
It distributes sports programing to more than 200 countries and regions around the world and owns more than 90 copyrights of global sports events. During the process, we've strengthened coordination with relevant departments of the Beijing municipal government," he said. But it has struggled in recent years with falling business and lost as much as 16 million euros last year. As a result, it has proved less convenient for transport connections, another major reason for its dwindling popularity. China PR Group Co Ltd acquired Luebeck airport in 2014, which unfortunately went bankrupt one year later. And the fact that the AIIB is supporting it so actively is critically important in terms of building infrastructure and bringing out economic opportunities. As the largest auto market in the world, China's auto industry is moving from volume to value," said Ralf Cramer, member of the executive board of Continental, and president & CEO of Continental China.
They are equipped with mature technologies used for new-energy vehicles, intelligent car and vehicle networking, which represent the future of the auto industry. After all, the world's largest coffee chain's China unit said its store located at the new Disneytown at Shanghai Disney Resort will be its busiest location in the world. TCL Corp and Skyworth Group are expected to ship 13.5 million and 12 million units, respectively, taking fourth and fifth place.
Japanese TV vendor Sony Corp is expected to ship 11.5 million units this year, being knocked out of the top five for global LCD TV shipments. By offering affordable premium products online, these internet brands have seized much of the domestic market and upended the strategies of established TV makers. In 2015, Skyworth acquired German TV manufacturer Metz Werke GmbH & Co for about $8 million. I kept browsing and switching from video to video, hoping to find something interesting or meaningful.
Many of the hosts with millions of subscribers have turned into cyberspace stars and they could effortlessly draw hundreds of thousand viewers for a real-time night show.
Users of the apps could offer their favorite streamers virtual presents such as an image of a flower or a fancy Maserati, which can be converted into cash. They take advantage of the apps to create celebrity-at-home appearances so that they can draw themselves closer to their fans and promote their businesses. Their proliferation reveals a sadder part of our life: While technology seems to shrink the world we live in, the mania for live streamers reveals how boring and lonely our urban life is.
I thought they would add an interesting aspect to my life, but so far they only ended up making me feel so bored and overwhelmed. Projects which entail the concept of environmental protection and provide long-term benefits to local residents are of great interest to him.
The most important issue that needs to be addressed, which has been stated from time to time, is that they have equal treatment with State-owned enterprises when it comes to the same project.
The People's Bank of China put 50 billion yuan into seven-day reverse repos, a process by which the central bank purchases securities from banks with an agreement to sell them back in the future.
The index evaluating trademark transfers, patent pledge financing and technology market transactions fell markedly in 2015 compared with the previous year due to the economic slowdown, according to the report from a research center with the State Intellectual Property Office. For a long period, the standards of some products in the domestic market have been lower than the international requirements. The Chinese conglomerate wants to expand beyond commodities into Latin America's largest economy, sources with direct knowledge of the matter said. A study team from Kenya is schedule to visit China soon, and CCCC is confident of passing the inspection and obtain the operating rights. According to the company, the board also announced that Song Zhiyong, an executive director of the company, was appointed as vice-chairman of the board. The firm has reallocated half of the money from the $30 million Everbright Dynamic Opportunities Fund, which employed a long-short equity strategy, into the $50 million long-only Everbright China Focus Fund, said the firm's unit China Everbright Assets Management Ltd. The ministry said in a statement that it ordered Nissan Korea, the local unit of the Japanese carmaker, to recall all of 814 Qashiqai vehicles sold there, while banning sales of the SUV model from now on. The ban was imposed because of the presence of bacterium listeria in imports from the Brazilian firm JBS AVES LTDA, and the Argentine enterprise Madeka SA.
Localization, they point out, is still a key challenge faced by Chinese companies internationally even though the country launched its "go global" strategy for its enterprises a few years back, to boost overseas investment after the 2008 global financial crisis.
Wang Jianlin, owner of the group and Chinese mainland's richest man, shared with China Central Television the treatment his group received from the newly elected Spanish government. Additionally, the opening of a new location in Wuhan, Hubei province, later this year will increase the group's presence to 10 cities in China. All the menus offered are designed by the restaurant with the help of a nutritionist and are delivered to customers the night before.
The company said it delivers the menus to an average of 25 clients per day who place their orders either by e-mail or through WeChat. It is a trend that is extremely popular in the mature markets like the United States and Europe. Nestle's research has found that more than 75 percent of consumers use the internet to browse or buy.
The company's e-commerce business in China is expanding at triple-digit rates, and is on average more profitable than its bricks-and-mortar retail operations, according to Bloomberg. While e-commerce has already become an established shopping channel in big cities in China, it still has vast potential to grow in smaller cities and rural areas, experts said.
But Jason Yu, general manager of Kantar Worldpanel China, said they are relatively weaker in penetration in smaller cities because of the vast geographic complexity of China. Every month, about 200,000 new truck drivers join in, according to the Guiyang, Guizhou-based company. Industry sources have said that last year investments flooded into the infant truck-hailing sector and spawned many rival startups. It was its first day of trading after the shares were suspended in late February following plans for a reorganization. After the acquisition, its value is expected to reach 130 billion yuan, making it the biggest A-share media stock, replacing Beijing-based tech firm Leshi Internet Information and Technology Corp. Its operations include construction and investment in cinemas, as well as film distribution and screenings.
Legendary Entertainment has participated in the production of blockbusters including Jurassic Park, Godzilla, and Interstellar. From 2016 to 2018, the studio plans to develop more sequels of films that have topped the box office, including Godzilla 2, and the sequel of Jurassic Park. It issued 525 million shares on the A-share market, accounting for one-fifth of its total shares. This is a milestone for our company, and we will cherish this opportunity and strengthen our core capacity and profitability," said Gu Jun, chairman of CNEC. CITIC Securities Co paced declines for brokerages after the stock surged more than 7 percent in a week.
Investors are switching attention to the health of the economy, with foreign reserves, trade and inflation data to be announced from Tuesday through Thursday. The asset value of COSCO Shipping Energy Transportation accounts for 11 percent of COSCO Shipping's total assets, and its oil tanker fleet holds 20 percent of the group's entire shipping capacity. Investment and financing channels as well as forms of operation can also be diverse, he added. There is little possibility that a city can allocate a certain part of its land to building rail lines," Yu said. If you look at the United States, probably only 50 percent of the e-commerce transactions are made on mobile. And also, in countries like the United States, people used personal computers for 20 years.
The African-American comedian wins her on-camera role after serving as a writer on the show last season.
According to its official website, only 2.66 million passengers used it in 2015 compared with more than 4 million in 2007.
The total shipments of the five Chinese TV brands in the top 10 will surpass 50 million units. They quench the thirst for a type of social interaction that would often create anxiety in the real world. If there are more favorable conditions provided concerning financing, I think our willingness will grow accordingly," he said.
Batmanian, the bank's lead environmental specialist and project team leader, said the loans would help Hebei achieve its goal of reducing PM2.5 by 25 percent by 2017 compared with the 2012 levels.
The country's overall IP development has been accelerating in the past five years, with the general index rising from 100 points in 2010 to 187.35 in 2015. Representatives of Pengxin and partners of BI&P, a specialist in agricultural lending, have discussed tie-up scenarios, the sources said.
The railway, backed by a Chinese firm, will connect Mombasa, the largest port in East Africa, and Nairobi, the capital of Kenya. GE Appliances will continue to be headquartered in Louisville, Kentucky, and operated independently under the current management team. That's because North America has so far led the way in the development of carbon capture and storage and the focus has been on power plants rather than industrial sector emissions. It imposed 340 million won ($286,000) in fines on Nissan Korea, and filed a criminal lawsuit against Takehiko Kikuchi, head of Nissan Korea. In April, tourists arriving from Britain spent 1.134 billion euros, marking a 14 percent increase on a year-on-year basis. Currently, 58 Brazilian farms and 74 Argentine firms are authorized meat suppliers to Russia.
It could be more collaborations with overseas countries in building infrastructure," he said. It has also found that 80 percent of shoppers give reviews online, with more than 50 percent of purchase decisions being made online. The acquisition will help the company expand its business into film development and production.
A gauge tracking mainland firms in Hong Kong rose for a seventh day for the longest winning streak since April 2015. COSCO Shipping Chairman Xu Lirong said that the establishment of the new company is a practical way to achieve business scale and synergies particularly in the sectors of energy shipping and logistics, in order to better compete with other established global rivals. Pengxin's search for financial, logistics and commodities firms in Brazil is gaining steam following its $200 million purchase in April of a controlling stake in grain processor Fiagril Participacoes SA. A board of directors, with representatives from Qingdao Haier and GE Appliances, will help guide the strategy and business operations. The company said capturing carbon and finding industrial uses for it had the potential to be a significant industry for China if it can be proved to be commercially viable. The city's property companies including Wharf Holdings Ltd jumped as traders cut bets for higher US borrowing costs after weaker-than-expected payroll data.



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