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China indicts former oil boss on corruption charges

2015-03-19 11:23:42| Oil & Gas - Topix.net

The former chairman of the stated-owned parent of PetroChina Ltd., Asia's biggest oil producer, was indicted Thursday in a spreading anti-corruption crackdown. Jiang Jiemin was charged with abusing his position at China National Petroleum Corp. and taking bribes, which led to large losses of public money, the national prosecutor's office said in a statement.

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GERMANY: Hugo Boss takes control of China and Macau stores

2014-07-03 11:41:05| Daily apparel & textile news and comment - from just-style.com

German fashion business Hugo Boss has acquired the remaining equity stake in its joint venture with franchise partner Rainbow Group, taking full control of its China and Macau store network.

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Fonterra taps China boss for new global ingredients role

2014-06-18 07:42:34| Food - Topix.net

Fonterra Cooperative Group has tapped the president of its China operations, Kelvin Wickham, to head up the newly created global ingredients while Johan Priem will take over his previous role.

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GERMANY: Hugo Boss issues profit warning on China slowdown

2013-11-26 15:27:00| Daily apparel & textile news and comment - from just-style.com

Fashion business Hugo Boss has put back its target of achieving a 25% EBITDA margin to beyond 2015 as the slowdown in China impacts the company's prospects.

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VIDEO: China workers trap US boss in office

2013-06-25 18:28:50| BBC News | Business | UK Edition

Chinese workers have been holding the US chief executive of their company hostage since Friday - in a dispute linked to wages.

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