Huami Corp., China's largest and the world's third-largest wearable device maker, has unveiled a new design concept in fitness bands, the China Daily reported.
Chauffering services have become popular in China with a potential for 10-fold growth, but the sector needs a legal framework and clear government regulation to ensure its development, according to the China Economic Net.
Following U.S. regulators accusing German vehicle maker Volkswagen of illegally installing software that evades benchmarks to reduce smog, the company said on Sunday that it would stop selling in the U.S. 2015 and 2016 Volkswagen and Audi models.
The Commodity Futures Trading Commission (CFTC), a regulator in the U.S., ruled on Thursday that Bitcoin is a commodity. This place the virtual money on the same level as crude oil, wheat, coal or iron ore.
The Federal Reserve's decision to keep the U.S. interest rate as it is shook investors' outlook on the global economy and worked in favor of equity markets in developed nations. As a result, gold ended its 3-week losing streak on Friday as the spot gold XAU= prices rose 0.5 percent to $1,137.34 an ounce.
Facebook Inc. has filed a new patent with the United States Patent and Trademark Office showing that a new "Dislike" button on the social network could include a tool to allow users to choose from a set of emoji icons for reacting to Internet content, such as on News Feed. The patent application's documents include a model like on the team collaboration tool Slack for Apple's iOS and Mac OS, or on the mobile messaging app WhatsApp.
Amazon China has signed a Memorandum of Agreement with U.K. Trade & Investment to help U.K. businesses enter the global market and export their products to China and India. According to Dr. Catherine Raines, chief executive of UKTI, the collaboration with Amazon China is one of the latest initiatives by UKTI to help U.K. businesses tap the commerce market in China.
Bronte Capital hedge fund manager John Hempton is questioning the numbers of Chinese e-commerce giant Alibaba. However, the basis of his doubt, which he wrote in a blog post this week, are fresh college graduates who applied for entry-level positions in his company.
The Ford Motor Company recently revealed its latest app which is compatible with both Android and Apple watch wearers. The "MyFord" app allows drivers of electric, plug-in hybrid model vehicles to have access to a range of data through the use of their wearable smartwatches.
State-owned enterprise China National Machinery Industry Corp. (Sinomach) and U.S.-based conglomerate General Electric Co. (GE) have signed a memorandum of understanding (MOU) on Tuesday to improve access to clean energy in Sub-Saharan Africa, where more than two-thirds of the population is without electricity.
China is known as a manufacturing giant but with the 10-year national plan, Made in China 2025, the world's second-largest economy is ready to move up the value chain and turn itself into a world industrialized power.
General Motors is settling with victims of its cars that have problems with its ignition switch. The car manufacturing giant agreed to settle the criminal charges arising from the 124 deaths because its employees were aware of the problem for almost 10 years before GM began recall of defective vehicles.
China’s biggest airlines are reporting that more and more passengers are wanting to pay more to reserve preferred seats in both domestic and international flights.
It's high time for Chinese investors to deploy their assets globally, according to the attendees of the 2015 edition of the Summer Davos forum. The rapid rise of the country's middle and upper classes, income spike and higher saving rates may be the reasons behind this.
The local government of Hangzhou, a city in East China's Zhejiang Province, is eyeing to eliminate taxi franchise fees to break free from the so-called "taxi monopoly" in the industry.
