Scrolling Text :
You are here: Home > Work Progress > Top News of Multinational Corporations
Work Progress
Media Focus on Multinational Corporations [2017.9.13]

Fortune released its annual Change the World list on Thursday, crowning the New York-headquartered financial services firm JPMorgan Chase & Co for its efforts on designing a blueprint for urban economic revival. The list, commending companies having a positive social impact through activities which are part of their core business strategy, ranks them by three factors including measurable social impact, business results and degree of innovation. Dutch Royal DSM Group, the world's biggest maker of vitamins, and Apple Inc have been ranked second and third on the list. (chinadaily.com.cn)

 

State Grid Corp of China, the nation's electric power giant, has pledged to complete key internal corporate reforms by November, as part of its efforts to make the utility company more streamlined, efficient and market-focused. Company spokeswoman Wang Yanfang told a news conference on Monday that State Grid is confident that it will improve its corporate governance structure and streamline its management hierarchy, in order to deepen internal restructuring, and help create effective corporate governance and an efficient management structure. The reforms would be completed on schedule, while the new structure would help clear institutional barriers and enhance the company's operational efficiency, she said. (China Daily)

 

Google Play has followed Apple's lead in removing Iranian apps from its store, Press TV reported on Saturday. The digital service distributor cited U.S. sanctions against the Islamic republic as the reason for its measure. Google and Apple were hosting Iranian apps reportedly under a license issued by former President Barack Obama's administration in 2014. (Xinhua)

 

Amazon.com Inc is ramping up efforts in the Chinese market, hiring people to fill job vacancies ranging from software engineers, operation managers to content editors, in a move to expand its presence in the world's largest e-commerce market. Recruitment information has been posted on the tech heavyweight's online career website and professional networking site LinkedIn. These Chinese-based openings include content strategists to create and manage online content, software development engineers and a senior financial analyst. The number of the openings has reached about 400 on Amazon's career website and more than 900 on LinkedIn, according to a report from Bloomberg. (China Daily)

 

German car maker Volkswagen (VW) announced at the Frankfurt International Motor Show (IAA) on Monday that it would invest billions of euros in electric mobility. There has been mounting pressure on Germany's automotive industry to re-invent itself in the wake of the diesel emission and cartel scandals. "We have understood and we will deliver," VW chief executive officer (CEO) Matthias Mueller said. (Xinhua)


 

Chinese tech giant Xiaomi launched an updated version of its full-screen display smartphone Monday, continuing to offer a larger-than-average screen-to-body ratio. The Mi MIX 2 is smaller in size than the company's first full-screen display smartphone the Mi MIX, which has a 17:9 aspect ratio screen. The Mi MIX 2 has a 18:9 full screen display, making the screen look like it almost entirely fills the front surface. The updated version also has a hidden speaker and a stronger ultrasonic proximity sensor. (Xinhua)

 



 
Friendly Links more>>