Bloomberg After decades of relentless gains, China’s share of global exports is now edging down. Whether that continues hinges a lot on how fast it can shift into higher-technology shipments. China’s portion of the global export pie has shrunk from a high of almost 17 percent reached in December 2015, International Monetary Fund data show. The pullback is driven mainly …

Bloomberg Apple Inc.’s latest products are getting a thumbs down, at least by investors in the company’s Asian suppliers. Hon Hai Precision Industry Co., which assembles the iPhone and other Apple devices, has fallen 10 percent in Taipei since Apple unveiled its collection of new gadgets for the holidays this month. Other suppliers across the region, including Taiwan’s Pegatron Corp. …

­­­­­­­­­­­Bloomberg Swiss engineering company ABB Ltd. agreed to buy General Electric Co.’s industrial solutions business for $2.6 billion to strengthen its foothold in the US, the world’s biggest market for electrification products like circuit breakers and switchgears. ABB will incur costs of $400 million over five years to integrate GE’s industrial solutions unit, Chief Executive Officer Ulrich Spiesshofer told journalists …