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SHANGHAI—German luxury sports-car maker Porsche AG PAH3.XE +0,60 percent expects low double-digit sales growth in China this year as it pushes to increase its number of Chinese dealerships by 25 percent  this year, according to its regional chief. ...

ROYAL Dutch Shell is ready to pay up to 30 million pounds ($51 million) in compensation for two oil spills in Nigeria in 2008 after a London court rejected a larger claim, sources involved in the case said on Friday. ...

AN internal investigation at American Apparel Inc has found that its CEO Dov Charney violated company policies, ranging from misusing company funds to failing to stop the discrediting of at least one former employee who had accused him of sexual harassment, a person close ...

Economic Focus IT is somehow saddening that Zimbabwe’s number one fiscal institution — the Zimbabwe Revenue Authority — has remained tight-lipped on what it intends on doing with the non-remitting taxpayers in this multi-currency regime. No doubt Zimbabwe has many unbanked taxpayers ...

CHINA is becoming more and more appealing to US tech companies. Despite the fact that there still hasn’t been a US Internet company that has truly succeeded in China, a new round of US tech companies are attempting to break into this market. ...

SOLAR power systems design and installation company, Solar Tech Africa, has embarked on a campaign to educate people on solar energy in a bid to make people understand how the solar system works including its benefits. ...

THE country’s biggest shoe manufacturer, Bata Shoe Company, is pushing for Government to ban the exportation of raw hides which the Gweru-based company said was starving tanners of their basic raw material and the shoe manufacturers of locally produced and value-added ...

A HIGH-POWERED delegation from the Eastern and Southern Africa Trade and Development Bank (PTA Bank) will this week tour the country in a fact-finding mission aimed at financially assisting distressed companies. ...

THE Japanese Ambassador to Zimbabwe, Mr Yoshinobu Hiraishi, says a number of the Asian nation’s companies had expressed an interest to invest in various sectors of the country’s economy. ...

Ngonidzashe Chiutsi Business Correspondent CAPACITY utilisation for milling companies in the Matabeleland region has gone up by 100 percent following the ban of imported mealie-meal early this year, an official has said. ...