• Canada's Tim Hortons to enter China as it battles slump at home

    9 days ago - By Reuters

    Fast-food company Restaurant Brands International said on Wednesday it plans to open 1,500 outlets of its Canadian coffee-and-donut chain Tim Hortons in China over the next decade, capitalizing on a growing cafe culture in the world's second-largest economy.
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  • Nokia Signs $1.2 Billion Deal With China Mobile

    9 days ago - By Fortune

    Nokia Oyj signed a deal worth as much as 1 billion euros to provide network equipment and services to China Mobile, as it seeks a bigger foothold in the world's second-largest economy.
    Finland's Nokia will supply the biggest mobile-phone company by subscribers globally with products and services covering wireless and fixed networks, IP routing and other areas under the one-year deal, the companies said in a statement on Tuesday.
    Nokia shares closed 2.3 percent higher in Helsinki, their biggest daily gain in almost four weeks.
    Nokia and other equipment makers have suffered from a slump in...
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  • Canada's Tim Hortons to open 1,500 stores in China

    10 days ago - By Reuters

    Canadian coffee chain Tim Hortons is pushing into China with plans to open 1,500 outlets in the world's second largest economy over the next 10 years, the company said on Wednesday.
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