Baoshan Iron and Steel Co Ltd (Baosteel), the nation's largest listed steelmaker, announced on Thursday that it will participate in the construction of the third west-to-east gas pipeline.The Shanghai-listed steel mill said in a filing to the Shanghai Stock Exchange that the company will invest 8 bi...

Established by Sun, an engineer by training, Risong was a pioneer in the introduction of robotics systems in China. However, in the early days the company hemorrhaged money, because the concept of robot workers failed to catch on."Back then, no one was really into robots," Sun recalled. "I was given...

Shareholders in Baoshan Iron and Steel Co Ltd plan to discuss various proposals today, including one calling for the company to buy back 5 billion yuan ($791.1 million) worth of its shares, sources said.The company plans to buy back 1 billion of its outstanding shares at not more than 5 yuan apiece,...

BEIJING - Stocks on the Chinese mainland rose for a second day, with the benchmark index capping its first back-to-back advance in a month, as investors speculated that recent declines had been overdone. SAIC Motor Corp, China's largest car producer, paced gains for the sector after the People's Dai...

For a 21.35 percent stake in the utility Energias de Portugal, bidders have made binding offers valued in the range of 2.3 billion to 2.7 billion euros ($3.1 billion to $3.6 billion) a premium of 22.5 to 42.9 percent, a Portuguese newspaper said.Jornal de Negocios, which did not name its sources, sa...