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December, 10, 2016

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Business
Chinese producer prices rose at their fastest pace for five years in November, Beijing said Friday, fueling hopes that the world's factory can export inflation into a lackluster global economy.
 > China
 
Europe's largest economy Germany is "on a sound upward path" for faster-than-expected growth in 2016 and 2017, its central bank said Friday, but remains at risk from Donald Trump and Brexit.
 
Electronic luggage tags slash EVA Air flight check-in time
German luggage maker Rimowa officially launched their electronic tag suitcase collection in Taiwan on Thursday.
 
China has indicated it may relax restrictions on foreign investment in some sectors as it struggles to balance an overseas exodus of capital and faces accusations of protectionism from U.S. President-elect Donald Trump.
 > China
 
Sunny day for Russia
A woman walks past a snow heap at Red Square, with St. Basil's Cathedral seen in the background, in Moscow on Wednesday, Dec. 7.
 
AT&T argued Wednesday its US$85 billion megadeal for Time Warner would be "pro-competitive" as lawmakers and consumer advocates expressed skepticism over the creation of new media-tech powerhouse.
 
Starbucks, looking to the future as its longtime CEO moves to other projects, plans to open 12,000 new locations within five years to boost its number of coffee shops worldwide by almost 50 percent.
 
Wal-Mart's Mexico unit has announced plans to invest US$1.3 billion and create 10,000 jobs in expanding its logistics and distribution network in Mexico.
 
Taiwanese electronics manufacturer Hon Hai Precision Industry, also known as Foxconn, is set to assemble subsidiary Sharp's upcoming product, 40-inch touch screen displays, according to reports by Nikkei Asian Review on Thursday.
 
Norwegian and Royal Caribbean going to Cuba
Norwegian and Royal Caribbean cruises on Wednesday announced that they have received permission from the Cuban government to sail from the U.S. to Cuba.
 
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