Michael A. Katz | Oct 10, 2014 01:15 PM EDT
The Chinese government is mulling over whether it should allow individuals to invest directly in oversease markets and exchanges, said a central bank official. read more
Michael A. Katz | Oct 10, 2014 11:17 AM EDT
U.S. automakers GM and Ford saw significant sales increases during the first three quarters of 2014 and for the month of September. read more
Ren Benavidez | Oct 10, 2014 05:28 PM EDT
Hundreds and thousands of hacked nude photos and videos sent through Snapchat could be uploaded over the weekend, hackers have threatened. read more
Rubi Valdez | Oct 10, 2014 05:52 AM EDT
China is advancing efforts to internationalize the value of its currency through overseas investments and allowing local companies to sell yuan-denominated stocks to Europe and neighboring Asian countries. read more
Ren Benavidez | Oct 10, 2014 04:59 AM EDT
The second biggest online search engine, China's Baidu, has bought control of Brazil's Peixe Urbano, in an effort to expand further into Latin America's market. read more
Dan Weisman | Oct 09, 2014 10:16 PM EDT
In case energy drinkers didn't realize already, contrary to Red Bull advertising, the caffeine-infused beverage doesn't give them wings. And now, Red Bull is probably going to pay for making that false claim following a consumer class action court settlement Thursday directing the company refunding $10 to each Red Bull drinker. Those filing claims can receive $15 in Red Bull products if they don't want the cash. read more
David Curry | Oct 09, 2014 04:57 PM EDT
Amazon is looking to open its first physical store in New York City, where customers will be able to return, swap and collect products from the Amazon online store. read more
Michael A. Katz | Oct 09, 2014 04:06 PM EDT
A group of U.S. companies that does business with China is calling on that country's government to speed up implementation of proposed economic reforms. read more
David Curry | Oct 09, 2014 04:41 PM EDT
Alibaba invests $50 million into Peel, a US startup that allows users to control their TV with a phone or tablet, instead of a regular TV remote. read more
Rhona Arcaya | Oct 09, 2014 10:31 AM EDT
Roberto Fedeli will be joining BMW in November after more than 25 years at Ferrari. Industry experts say BMW's decision to hire him reflects the Munich-based company's efforts to maintain its position as Germany's no. 1 premium carmaker amid tough competition. read more
David Curry | Oct 09, 2014 12:35 PM EDT
Apple has been named the Best Global Brand once again, the technology sector continues to dominate the list. read more
Rubi Valdez | Oct 09, 2014 12:10 PM EDT
Chinese consumers are still skeptical about KFC products sold across China following an incident of improper food handling that sparked the biggest scandal in this chain of fast food restaurants. read more
Desiree Sison | Oct 08, 2014 08:00 AM EDT
Amid the second food scare in China, Yum Brands, owner of fast food chains Pizza Hut and KFC, has decided to lower its sights and make do with a lower profit forecast for this year. read more
Mitch de Leon | Oct 08, 2014 12:05 AM EDT
In an announcement made via blogpost on Tuesday, Wal-Mart Stores, Inc. will be eliminating the benefits received by some of its part-time workers, as well as require its roughly 1.3 million employees to pay additional costs for premium healthcare insurance plans. read more
Qi Qin | Oct 07, 2014 09:55 PM EDT
Chinese car rental company eHi Car Services, Ltd. filed an F-1 form with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) on Friday, Oct. 3, to raise up to $200 million. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more