|
|
|
| Equity Market News | 06th February 2012 | |
Equity Org Headlines:Essar Energy adds 3 percent in mostly lower London energy sectorAntofagasta leads miners higher in London Hunting plc leads energy sector lower Sports Direct International leads London retailers higher Pace plc drops 40 percent on profits warning Royal Bank of Scotland leads London banks lower Royal Bank of Scotland leads banks, FTSE 100 higher in London Lloyds Banking Group drops 8 percent on first-quarter loss Lloyds shares down on PPI claims Aquarius Platinum adds 7 percent amid mostly lower mining sector |
24/05/05Publisher enters ChinaMedia and publishing group Bertelsmann has entered into a joint venture with Liaoning Publishing Group to distribute books to retailers throughout China. Bertelsmann also has business relationships with other Chinese book companies, including a partnership with China Science and Technology Book company and a joint venture with Beijing 21st Century Book Chain, a national private book retailer. The state retains tight control of publishing in China, but the opening of wholesale and retail book, newspaper, and periodical distribution to foreign investors was announced by the government last year. The new venture, Liaoning Bertelsmann Book Distribution, will be based in the northeastern city of Shenyang and is worth Rmb30 million ($3.6 million). Liaoning Publishing will control 51 percent of the new company. At first, the venture will focus distributing Chinese-language books, but it might eventually also distribute English-language books. |
CategoriesArchives
|