China’s (FXI, quote) largest search engine provider Baidu Inc has set up an artificial intelligence laboratory in Silicon Valley in the United States to boost its research work to catch up with Internet giants like Google and Apple.
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China moves forward on its Free Trade initiatives by setting up “pilot zones” in several regions. The announcement came overnight from the office of Long Guoqiang at the General Office of the Development Research Center or DRC.
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The bribery investigation of GlaxoSmithKline (GSK, quote) China (FXI, quote) has been completed and the case handed over to prosecutors, Changsha police said on Wednesday.
The GBPUSD pair broke down during the session on Tuesday, breaking the bottom of the shooting star that formed on Monday.
Recent falls in the yuan exchange rate against the US dollar are based entirely on market forces, a senior official said on Tuesday after Premier Li Keqiang met with visiting US Treasury Secretary Jacob Lew.
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Tesla (TSLA, quote) announced it will update the battery plate with a titanium plate in order to prevent battery fires. The bolt on change is in response from the two Model S fire incidents last year that the media picked up and ran with video of the model S on fire for weeks on end. The fires where caused by road debris when the car ran over it and it
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