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Just as his remark about the female journalist is distasteful, his comment about the devalued Chinese currency is extravagant.

In a note published on Tuesday, after the first devaluation of 2 percent was announced, the PBoC said that monetary policy would now allow the currency to float and trade more freely, in a move towards a more market-orientated approach. France and Italy were the main...

“In the long run the renminbi is still a strong currency”, PBOC assistant governor Zhang Xiaohui said, adding that China was running a trade surplus and had a sound fiscal position and rich foreign exchange reserves.

Analysts have been closely scrutinizing the “other products” category, where Apple has lumped sales of the timepiece in with products such as the iPod, Apple TV and Beats accessories.

We plan to wait before we declare the Apple Watch to be the next iPhone – or even the next iPad.

On Greater China: Apple experienced revenue growth 112% and iPhone unit growth of 87%. Investors are eagerly anticipating any news on the Watch debut, Apple Music and Apple pay. Market research firm Canalys has published its own estimate, suggesting that Cupertino shipped 4.2...

In late March that deal was announced and as stated by that deal, Kraft Foods investors were offered $16.50 for each share they are holding. This will make Kraft Heinz Co. the third largest food and beverage company in North America-both of whom earn a sizable chunk of their...

“Sometimes an SUV’s versatility can be sacrificed in the name of style, but the new GLC-Class will be both sleeker and more practical as the replacement for the GLK-Class”, said James Buckley, general manager of Smith Motor Sales, a Mercedes-Benz dealer in...