China Eastern Airlines to acquire 10% of Air France-KLM

The deal will "give Air France-KLM a European leadership position on Shanghai, the main business market in China," the European carrier said. On Thursday, Air France-KLM said it would also acquire a 31 percent stake in Virgin Atlantic for around 220 ... ( read original story ...)

Chart of the day: Shanghai copper on bull run

Momentum for front-month copper futures in Shanghai at last turned bullish 10 days ago and the MACD this week is suggesting one should consider buying the contract. Interestingly, New York’s high-grade copper futures have also rallied this week to their ... ( read original story ...)

Starbucks buys its China business

Starbucks views East China as a "significant and strategic region", with Shanghai containing almost 600 stores. The coffee chain said on Thursday it would buy out its joint venture partners in that business, shelling out $1.3 billion for the 50% it doesn't ... ( read original story ...)

Cooking up culinary treats in Shanghai bistro

[Photo by Gao Er'Qiang/China Daily] Anthony Chow and Joey Cheong might lack culinary training, but that did not stop them from carving out a successful restaurant business in Shanghai. They are the co-owners of Bites and Bottle-O, a cozy 20-seater eatery ... ( read original story ...)