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This week’s surprise devaluation of the yuan, also known as the renminbi or people’s currency, came after the central bank said it wanted the exchange rate to reflect market forces. The spot market opened at 6.3990 per dollar and was changing hands at 6.3996 in the...

China’s move to cut the value of the yuan to 6.3306 to a US dollar from 6.2298 Tuesday signaled Beijing was moving to a more market-determined exchange rate from a de facto peg that had propped up the value of the currency for so long.

The death toll included at least 21 firefighters, the highest for a single rescue mission since the People’s Republic of China was founded in 1949, Xinhua reported.

The exploits of Perthshire teenager Flora Shedden and other hopefuls in this year’s Great British Bake Off are expected to fuel a massive surge in spin-off charity funding.

The survivor, who was pulled out 32 hours after the twin explosions shattered the economic hub, was identified as a 19-year-old firefighter named Zhou Ti who belongs to the Binhai New Area brigade of Tianjin’s fire department.

The death toll in Wednesday’s inferno and blasts that devastated industrial and residential zones has climbed to 85, including 21 firefighters – making the disaster the deadliest for Chinese firefighters in more than six decades.

The bill on the rescue deal passed just in time for Greek Finance Minister Euclid Tsakalotos to head to Brussels to meet his counterparts from the 19-country currency union in the hope of getting their seal of approval as well.

Oil traders are bracing for a rapid build-up in inventories in the coming weeks, likely testing Cushing’s storage capacity limits, as refiners shut for spring maintenance; the rise may be swifter than expected due to the unexpected prolonged closure of the biggest crude...

TOKYO-The U.S. dollar was almost unchanged against the yen and the euro in Asian trade Friday, as investor sentiment improved on signs of stability in the Chinese currency.

Tyson Foods announced Friday that is plans to cut 400 jobs at its plant in Denison.

The rugged firefighters have emerged as the new soldiers to fight deadly industrial fires in China in the last two decades as the country ramped up manufacturing.

However, a spokesman confirmed that Mr Corbyn would seek to open up a discussion about “public ownership objectives for the 21st century” – including the railways – if he won the race to succeed Ed Miliband.

The firefighters initially sent to the scene were “investigating and testing” the area and their reinforcements were arriving when the first blast hit “all of a sudden”, Zhou Tian, head of the Tianjin firefighting bureau, told a briefing Friday.

As it has grown, the sprawling industrial empire Berkshire Hathaway, with holdings in railroads, insurance, retail and manufacturing, has increasingly looked to strike enormous takeovers in order to lift profit and revenue.

Fortunately, he heard the Siri activation sound, which compelled him to “push up on his hip” and used the digital assistant to dial 911 and ask for help. But as Siri recently proved, even fake humans can sometimes save lives.