Disney and China firms to buy stake in NBA China: report
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Walt Disney Co. and four Chinese  investment firms are set to take an 11 percent stake in the  National Basketball Association's Chinese subsidiary, The New  York Times reported on Monday.
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By James Walker, The Columbus Dispatch, Ohio  Feb. 9--CLEVELAND -- Wilt Chamberlain and Bill Russell never worried about jersey sales.   Magic Johnson and Larry Bird didn't compete for fans in China and Japan.
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China Eastern Airlines  (0670.HK) shareholders rejected a deal to sell a 24 percent  stake to Singapore Airlines  for US$920 million,  opening the door for bigger rival Air China (0753.HK) to make a  play for the country's third-largest carrier.
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With the establishment of a new enterprise in China, the NBA has set its sights on cashing in on the fan-crazed domestic league that has already produced stars such as Yao Ming and Yi Jianlian.
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HONG KONG (Dow Jones)--China Resources Breweries Ltd. has acquired the Chinese breweries of Australia&#39;s Lion Nathan Ltd. (LNN.
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Disney&#39;s ABC and ESPN outlets will likely grab big ratings with a Detroit-Indiana/Miami-Los Angeles Lakers NBA doubleheader Christmas Day, which says something about what can sell sports.
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The NBA has come to booming, basketball-crazy China &#151; but it doesn't expect to make any money soon. The league flew more than 100 people halfway around the world for its first games in China, featuring the Houston Rockets &#151; with Chinese-born star Yao Ming &#151; and the Sacramento Kings.
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China and a US company buy a $14bn stake in mining giant Rio Tinto, in China's largest foreign investment.
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Goldman Sachs Group Inc.  and its investment banking partner in China may part ways, potentially raising questions about future control of the Wall Street firm's business there, the Wall Street Journal reported on Monday.
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A group of U.S. venture capital firms, including Disney's investment arm, was set to announce Wednesday that it had invested $23.5 million in UUSee, a major Chinese site for Web video.
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Wanxiang Group, China's top auto parts supplier, is in talks with Ford Motor Co.  to purchase assets from the U.S. carmaker's components business, the Financial Times reported, citing the Chinese firm's founder.
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Merrill Lynch & Co  is in talks  with Chinese and Middle Eastern sovereign wealth funds that  could lead to the sale of another big stake in the U.S. bank,  British newspaper The Observer reported, citing sources in  London and New York.
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In effort to expand market share, firm says it will invest $100M in Disney&#39;s money-losing business. NEW YORK  - Children&#39;s Place Retail Stores Inc.
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Struggling after two years of losses, China Eastern agreed Sunday to sell a 24 percent stake to Singapore Airlines and Temasek Holdings, the Singapore government's investment arm, company officials said.
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The National Basketball Association has  hired the head of Microsoft&#39;s China operations to lead a new  push into a country that is already its largest market outside  the United States, the league said on Wednesday.
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Lion Nathan Ltd, Australasia&#39;s second-largest brewer, is to sell its China beer business to China Resources Snow Breweries (CRSB) for US$154 million, the two companies announced yesterday.
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The financial giant is in talks to sell a stake to a Chinese bank and other investors, people briefed on the plan said.