CITIC Group
New Zealand Jet Fuel Shortage Leaves Passengers Stranded
Thousands of airline passengers were stranded in Auckland on Monday after a burst pipeline cut jet fuel supplies to New Zealand's largest airport, reported BBC.
The damaged pipeline is Auckland Airport's only source of jet fuel.
The disruption is expected to last at least a week as work continues to repair the pipe, the operator said.
McDonald's sells China operations for $2.08 bln
U.S. fast-food giant McDonald's will sell a controlling stake in its China and Hong Kong business for up to $2.08 billion to a consortium including state-owned Citic and the Carlyle Group, it was announced on Jan. 9.
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China seeks food security with $43 bln bid for Syngenta
China made its boldest overseas takeover move when state-owned ChemChina agreed a $43 billion bid for Swiss seeds and pesticides group Syngenta on Feb. 3, aiming to improve domestic food production.
China gives currency biggest boost in a decade
China on Nov. 2 raised the daily reference rate for its yuan currency by the largest margin in a decade, officials and reports said, just three months after a surprise devaluation sent shockwaves through global markets.
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Hong Kong authorities begin clearing main protest camp
Hong Kong authorities on Nov. 18 cleared part of the city's main pro-democracy protest camp, the first of several planned evictions to shrink mass sit-ins that have blocked major thoroughfares for seven weeks.