Beijing raised its air pollution alert to orange as smog levels were projected to stay hazardous this weekend, triggering orders for some enterprises to limit production and and a ban on outdoor barbecues and fireworks.
Diageo Plc, the world’s biggest distiller, is targeting wealthy Chinese businessmen to boost sales at its local white-liquor unit as an austerity drive by President Xi Jinping dries up government orders.
China may invest 220 billion yuan ($36 billion) to build the world’s longest tunnel beneath the Bohai Sea to connect the northeastern city of Dalian to Yantai in Shandong province, the state-run China Daily said today.
NQ Mobile Inc., the Chinese mobile- services provider accused by Muddy Waters LLC of inflating revenue, rallied the most this year in New York after saying its software will be incorporated in Sprint Corp.’s smartphones.
Apple Inc. and Samsung Electronics Co. agreed to a mediator in an effort to resolve their patent disputes over smartphone technology before their next trial in San Jose, California, set to begin in March.