Anheuser-Busch InBev NV has agreed to buy SABMiller Plc for about 68 billion pounds ($104 billion), raising its bid after several rejections, to clinch a record industry deal that will bring one out of every three beers sold worldwide under a single company.The Budweiser maker will pay 44 pounds a s...

"We have completed most of the drilling work and the drilling of additional wells will continue into 2015," Shell China spokesman Shi Jiangtao said in an e-mailed response to questions. "We see that the Sichuan geology is challenging and we are approaching this at the appropriate pace. We continue t...

Peng Qiming, director of the geological exploration department, said the winners had invested more than 2 billion yuan in exploring these blocks since 2013.China is just beginning to mass-produce shale gas. Its initial goal of producing 60 to 100 bcm annually by 2020 has been cut to 30 bcm, accordin...

A remote-controlled toy helicopter displayed by an exhibitor at the 18th China Yiwu International Commodities Fair, held at the Yiwu International Exposition Center from Sunday to Thursday in East China's Zhejiang province. More than 2,900 domestic and overseas companies are taking part in the event...

Related readings: He did not disclose exactly when the property tax will be implemented or how it will be collected. Xinhua News Agency quoted sources as saying on Sunday that the Ministry of Finance has given the green light for Chongqing to levy the property tax and will allow the municipal gov...