A network of buyers, sellers and couriers is conveying Nvidia’s advanced artificial-intelligence chips into China, bypassing the Biden administration’s restrictions aimed at denying Beijing that access.
Tesla’s vehicle sales slid for a second straight quarter but not as much as expected, lifting the company’s stock price by 10% at Tuesday’s close and keeping the company ahead of rival BYD as the world’s largest seller of electric vehicles.
Skydance Media reached a preliminary agreement to buy National Amusements, with plans to then merge with Paramount Global, a deal that would be subject to approval by a panel of Paramount directors.
Richemont appointed new chief executives for its heavyweight brands Cartier and Van Cleef & Arpels, reshuffling its core jewelry division following recent management shifts at the helm of the Swiss luxury group.
Chinese electric vehicle makers had robust sales in June, helped by government subsidies, tax breaks and steep discounts that brought buyers back into showrooms after a sluggish start to the year.
Asian budget airline operator Cebu Air signed a preliminary deal to buy up to 152 Airbus jets in what it said was the largest aircraft order in Philippine history.
Anglo American suffered a potential setback to its plan to sell steelmaking-coal assets after suspending production at the Grosvenor mine in Queensland, Australia, following a fire.
An investigation into working conditions found that workshops making handbags and other leather goods for Dior and Armani used exploited foreign labor to produce the high-end products at a fraction of their retail price.
Atos said it reached an agreement with a group of banks and bondholders on the terms of its financial restructuring as the struggling French IT firm seeks to shore up its coffers.
The largest tech companies are looking to buy nuclear power directly from plants, which could meet their huge needs but sap the grid of critical resources.
Prosecutors plan to ask Boeing to plead guilty to deceiving air-safety regulators about a crucial aspect of the 737 MAX planes implicated in two disastrous crashes, wiping out a more-lenient agreement the company received more than three…
Reynolds American entered a regulatory gray area with the launch of its Sensa no-nicotine vaping devices, which resemble the disposable e-cigarettes popular among U.S. teenagers.
Amazon plans to launch a service focused on shipping cheap products directly from warehouses in China amid competition from low-cost e-commerce platforms Temu and Shein.
Hennes & Mauritz’s shares plunged 13% after it made a weak start to its third quarter and warned about rising raw material costs and adverse currency moves.
Canada’s Labor Minister ordered WestJet Airlines and the union representing the carrier’s maintenance engineers enter into binding arbitration on a new labor agreement, averting strike action during a holiday long-weekend in the country.
The review site is planning to spend $40 million this year to grow its business with local-services companies such as plumbers, electricians and movers.
Shares of the pharmacy chain plummeted 25% after The Wall Street Journal reported the CEO’s plans and the company lowered its guidance for the full year.
GSK shares fell more than 5% after U.S. health officials narrowed their recommendation of respiratory syncytial virus vaccines to a smaller age range and more at-risk patients.