Asian stock markets followed Wall Street lower after President Donald Trump cast doubt over the potential for a trade deal with China this year. Benchmarks in Tokyo, Hong Kong and Sydney fell more than 1% while
The founder of Huawei says the Chinese tech giant is moving its U.S. research center to Canada due to American sanctions on the company. In an interview with Toronto’s Global and Mail newspaper, Ren Zhengfei said the move was necessary because Huawei would be blocked from interacting with U.S. employees. Huawei Te
Walmart raised its annual profit expectations after reporting strong third-quarter results helped by its grocery business. The results, announced Thursday, offer encouraging news as it heads into the holiday
Shares declined Monday in Asia as investors watched for the latest developments in the China-U.S. trade war saga. Hong Kong led the retreat, with the Hang Seng falling 2.7% to 26,902.36 after a police office
President Xi Jinping promised more gradual market-opening steps at the start of an import fair Tuesday but no initiatives in technology and other irritants that sparked a tariff war with Washington. The second China International Import Expo showcases the country’s
SAN FRANCISCO— Tesla posted a surprising profit of $143 million in its latest quarter, raising hopes the electric car pioneer may finally be turning the corner after posting mostly losses during its first decade as a publicly held company. The positive results announced Wednesday came after Tesla lost $1.1 b
Asian shares were mixed Thursday after officials signaled work remains to be done on an agreement for a truce in the tariff war between the U.S. and China. Hong Kong led regional gains after its chief executive, Carrie Lam, announced help for the property sector. T
NEW YORK— Amazon is going on a hiring spree. The online shopping giant is holding job fairs across the country next week, aiming to hire more than 30,000 people by early next year, a 5% bump in its total workforce. Amazon is looking for all kinds of workers, from software engineers who can earn more
FRANKFURT, Germany— Volkswagen is rolling out what it bills as the breakthrough electric car for the masses, the leading edge of a wave of new battery-powered vehicles about to hit the European auto market. The cars are the result of massive investments in battery technology and new factories driven by environmental