China's economic slowdown takes toll on US companies

NEW YORK: It's official. China's slowdown is starting to hurt corporate America. As the world's second-largest economy - and still growing - China is seen as a primary source of revenue growth by the largest U.S. companies.

China slowdown to hit German luxury car makers

FRANKFURT: Investors are bracing themselves for what could be the end of the Chinese boom for Europe's luxury car makers as double-digit profit margins are threatened by slowing growth in the world's second-largest economy.