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Exclusive: China meat supplier faced claims last year over unethical work practices

SHANGHAI - Shanghai Husi Food, the U.S.-owned Chinese food supplier at the center of a meat safety scandal, won a court case earlier this year against a former quality control officer whose claims included that he was made to forge meat production dates.

Recent Business News

PetroChina reconsiders sale of natural gas pipeline assets: sources

BEIJING/HONG KONG - PetroChina is reconsidering a plan to auction off its multi-billion dollar natural gas pipeline unit, and could instead sell it to an affiliate, three people who were briefed on the matter by the Chinese energy giant told Reuters.

Amazon's heavy investing eats into bottom line, shares drop

SAN FRANCISCO - Amazon.com Inc posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics. | Video

Tech, Media 24 Jul 2014

Argentine debt mediator says time running short for deal

NEW YORK - Less than a week before Argentina could default on its sovereign bonds, the government and holdout creditors have yet to meet face-to-face despite an urgent plea from the U.S. court-appointed mediator on Thursday that they start direct talks.

24 Jul 2014

McDonald's takes chicken nuggets off menu in Hong Kong amid food scare

HONG KONG - McDonald's Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it had imported products from Shanghai Husi Food, the U.S.-owned company at the center of a food safety scare in China.

24 Jul 2014

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