China
China Eastern seals $5.4 billion deal to buy 60 A320s
HONG KONG - China Eastern Airlines , one of the country's top three carriers, has agreed to buy 60 Airbus A320 aircraft for about $5.4 billion, expected to be delivered in stages from 2014 to 2017.
Palestine envoy says Beijing backs U.N. entry
BEIJING - Palestinian President Mahmoud Abbas' envoy to China said on Friday that Beijing backs their United Nations membership bid, a day after France indicated it would support a diplomatic upgrade for Palestine.
China sacks official after sex-tape shots appear online
SHANGHAI - China sacked on Friday a district Communist Party official after images of him having sex with his mistress were splashed across microblog websites.
Blackstone, China firm shortlisted for $1.5 billion Ingham Chicken deal: sources
HONG KONG/MELBOURNE - Blackstone Group LP and China agribusiness company New Hope Group are through to the final round of bidding for Australia's largest poultry producer Inghams Enterprises, a deal that could be worth as much as A$1.4 billion ($1.5 billion), sources with knowledge of the matter told Reuters.
Global shares gain as global economic outlook improves
LONDON - World share markets extended a week-long rally on Thursday as manufacturing surveys in China and the United States boosted confidence in global growth and euro zone data at least did not worsen the already weak outlook for that region.
Exclusive: Atlas Copco nears buy of Shandong Rock - sources
HONG KONG/STOCKHOLM - Swedish compressor and mining gear maker Atlas Copco is close to a deal to buy a 75 percent stake in Shandong Rock Drilling Tools Co Ltd from China's Shandong Sanshan Group, sources in China familiar with the matter told Reuters.
China says it will limit use of executed prisoners' organs
BEIJING - China will limit the use of organ transplants from executed prisoners within two years, a senior health official said on Thursday, after the country ramps up a volunteer donor program aimed at curtailing the controversial practice.
China angers neighbors with sea claims on new passports
MANILA - The Philippines and Vietnam condemned Chinese passports containing a map of China's disputed maritime claims on Thursday, branding the new design a violation of their sovereignty.
In China, car buyers' savvy may be Japanese brands' salvation
GUANGZHOU/BEIJING - China's car buyers are growing up - with a more discerning view on the bang they want for their buck - and that could help Japanese automakers recover in a market where sales have been battered in protests over disputed East China Sea islets.
GM rolls out China-developed electric car in world's top auto market
GUANGZHOU - General Motors Co rolled out its first China-developed electric car at the Guangzhou autoshow on Thursday as it ramps up its green car push in the world's largest auto market.
Ethiopia and Eritrea: An elusive peace on the cards?
Ethiopia and Eritrea are still at each others’ throats. The two neighbours fought hammer and tongs in sun-baked trenches during a two-year war over a decade ago, before a peace deal ended their World War I-style conflict in 2000. Furious veRed Sea, UNrbal battles, however, have continued to this day.
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