Domestic private and foreign capital has been welcomed for the restructuring of central State-owned enterprises (SOE), Li Rongrong, director of the State-owned Assets Supervision and Administration Commission, said during an online chat with Internet users yesterday. Li said that the commission w...
TOKYO, Jan 21 (Reuters) - Sony Corp (6758.T) will announce details of its restructuring plan this week amid internal company resistance to job cuts in Japan, the Financial Times said on Wednesday ...
German logistics giant Deutsche Post said Monday it was cutting 9,500 jobs as part of a major program to restructure its loss-making DHL delivery service in the United States.
SHANGHAI Huayi (Group) Co, the largest state-owned chemical company in the city and parent of three listed units, aims to speed up restructuring and get more market-oriented, Chairman Jin Mingda ...
The State-owned Assets Supervision and Administration Commission (SASAC) has examined the equity transfer between Changfeng Auto and Guangzhou Automobile Group Co. (GAC) and approved the transfer of 151,052,703 shares of Changfeng Auto, about 29 percent of the company, to GAC. Now that the transf...
November 25 MetalBiz鈥擜nyang Steel issued a public notice to clarify the scandals of Sinosteel's purchase, said that Angang did not contact with Sinosteel on assets restructuring...
BEIJING, Nov 13 - China is experiencing a V-shaped economic recovery, but it still faces tough challenges to restructure its economy in the process, a vice central bank governor said on Friday. Zhu Min, recently...
BEIJING, Nov 12 - New plans by the Chinese government to restructure the steel sector are expected to be announced by the end of the year, an official said on Thursday. The plans would include...
New plans on the restructuring of the steel industry are expected to be announced by the end of the year, an official said Thursday. The plans would include new consolidation targets and a renewed effort to eliminate poor-quality steel capacity, said Jia Yinsong, inspector at the raw materials di...
TOKYO, Nov 10 - A government task force working on a revival plan for Japan Airlines Corp is considering using a debt restructuring mediation scheme to help ease the airline's financing woes, two sources familiar...