New York (CNN)Coming soon to China: A factory where robots will build robots.Swiss firm ABB Group plans to build a $150 million "Factory of the Future" in Shanghai, it said in a statement Saturday.

(CNN)German Chancellor Angela Merkel has announced she will give up leadership of her center-right Christian Democrat Union (CDU) party after 18 years in the post, German media has reported. Merkel announced during a meeting

London (CNN Business)Cars and traffic signals are talking to each other, leaving the driver — if there even is one — out. Top automakers including Volkswagen, Honda (HMC), Ford (F) and BMW (BMWYY) are

Leicester, England (CNN)On a bitterly cold Sunday outside the King Power Stadium, Bernie Webster tried in vain to hold back the tears.He is one of hundreds of Leicester City fans who had flocked there,

New York (CNN)In a massive deal that could reshape cloud computing, IBM is acquiring open software company Red Hat for $34 billion. The companies called the deal, which still needs approval from shareholders and

(CNN)A Lion Air flight with 189 people on board has crashed during a short flight from the Indonesian capital Jakarta to Pangkal Pinang, according to Indonesia's National Search and Rescue Agency (SAR).The Boeing 737

Seoul, South Korea (CNN)Standing in front of her parish in a bright yellow jacket, Shin Ok-joo holds back tears. Her voice takes on a tone of both anger and sadness. "How could you behave

New York (CNN)Coming soon to China: A factory where robots will build robots.Swiss firm ABB Group plans to build a $150 million "Factory of the Future" in Shanghai, it said in a statement Saturday.

It's hard to imagine the humble bucket being a work of art, but those made by Shuji Nakagawa in his Kyoto studio go for thousands of dollars and have a loyal following. Smooth, tactile

(CNN)The Thai billionaire owner of Leicester City died in a helicopter accident, the English Premier League club has confirmed. He was 60 years old.Vichai Srivaddhanaprabha, owner of the King Power chain of duty-free shops