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BloombergFortune |
Elon Musk and Tom Zhu, a senior vice president, are divvying up reporting lines.
The fund reflects how cultural shifts—brought on by digital influence and youth spending—are creating opportunities for Chinese investors.
Xiaomi founder Lei Jun attacked Tesla head-on during Thursday’s launch event, stacking his vehicle against the Model Y.
“What you’re seeing in China is disturbing, because there’s a lack of demand and extreme price cutting.”
China's Commerce Ministry noted senior U.S. officials have repeated expressed willingness to talk to Beijing about tariffs in a statement on Friday.
China’s market regulator said that CK Hutchison’s sale of dozens of ports shouldn’t be implemented without the body’s approval.
The average price for the top 100 products in the beauty and health category increased by 51% from Thursday, with several of the items more than...
Trump also said he didn’t see the need to say he’d “play hardball” with Chinese leader Xi Jinping and that during discussions he wouldn’t...
Posting on social media, Zelenskiy said Russia was trying to create “the general impression of a ceasefire” and generating “favorable PR coverage.”
The man-versus-machine competition was presented as a showcase for China’s ambition in areas from AI to robotics to semiconductors.
China has to strengthen public spending to shield the economy as surging American tariffs could send its exports into contraction.
Trump’s latest exemptions cover almost $390 billion in US imports based on official US 2024 trade statistics, including more than $101 billion...
“The U.S. threat to escalate tariffs on China is a mistake on top of a mistake,” the Chinese Ministry of Commerce said.
Macy’s is clawing back more than $600,000 in cash bonuses from executives after an accounting scandal led to inflated pay.
If the U.S. "continues to engage in blackmail, China will resolutely counteract it,” Chinese foreign minister Wang Yi said.
Gold started the week with a fresh record high, ahead of President Trump’s expected next tariff rollout.
“I made it clear that President Trump needs to see China take decisive actions to stop the flow of fentanyl precursors," U.S. Senator Steve Daines...
A supplement to a November 2022 sanctions waiver allowed Chevron to remain in compliance with US law while paying the Maduro regime taxes and oil...
Tesla fans' current level of enthusiasm is staggeringly high, even by recent historical standards.
Elon Musk sought to reassure Tesla employees after the carmaker’s shares plunged more than 50% in just three months.
JPMorgan Chase is changing the name of its diversity, equity, and inclusion program at a time when DEI has been attacked by President Trump’s...
Tesla employees in Germany are demanding better working conditions.
Nvidia CEO Jensen Huang didn’t realize there were publicly traded quantum-computing companies.
Elon Musk’s social network X has raised close to $1 billion in new equity from investors, according to people with knowledge of the matter.
Meta tumbled into negative territory Tuesday, becoming the last of the so-called Magnificent Seven stocks to turn lower this year.
Amtrak CEO Stephen Gardner is leaving his job as the Trump administration threatens to pull back on funding mass transit and transportation projects.
JPMorgan is on track to boost revenue from equities trading by more than 30% this quarter from a year earlier.
Most of the so-called memecoins that are flooding the $2.6 trillion cryptocurrency space will probably end up “worthless,” according to Cathie Wood.
Trump has ramped up a trade fight with China since returning to office, twice hiking blanket tariffs on imports from the Asian country.
The latest effort, which covers eight areas, outlines plans to improve childcare and includes a pledge to enforce China’s paid leave system.
Other measures include stabilizing the stock and real estate markets, and offering incentives to raise the country’s birth rate.
The Ernie X1 model by China’s internet search leader works similarly to DeepSeek R1.
Officials from China’s Foreign Ministry and the Ministry of Public Security said in a briefing the country has achieved success in controlling the...
Chinese shares look attractive even after their recent rally, Citi strategists wrote, citing DeepSeek’s AI breakthrough and still-cheap valuations.
U.S. stocks are at risk of slumping another 5%, according to Morgan Stanley’s Michael Wilson.
Tesla shares are on track for their steepest drop since 2020 as Wall Street analysts begin to slash their estimates for vehicle deliveries.
Investors looking for a safe place to hide are shoveling money into ultra-short bond ETFs as Donald Trump’s economic policies stoke recessionary...
Consumer inflation in the year to date has turned negative through January-February for the first time since 2021.
Elon Musk’s automaker has been backsliding in China for the past five consecutive months on a year-on-year basis.
“The bet on Tesla’s shares soaring due to Musk’s political involvement has not worked out thus far,” said one analyst.
Goldman Sachs is trying to send more managers to locales outside its main hubs in an initiative dubbed informally by some as “Project Voyage."
So far, few have acquiesced. Suppliers’ margins are already razor thin due to Walmart’s strategy of procuring goods cheaply in order to maintain...
Starbucks named Cathy Smith as its new chief financial officer as part of an ongoing leadership shakeup at the coffee chain.
John J. Ray III, who led FTX’s restructuring and efforts to return billions of dollars to customers after it imploded in 2022, stands to collect...
Singapore is investigating whether Dell Technologies and Super Micro Computer servers shipped to Malaysia housed Nvidia chips barred from China.
The Hunyuan Turbo S AI model is designed to respond as instantly as possible, distinguishing itself from the deep reasoning approach of DeepSeek’s...
President Donald Trump’s move to further decouple economic ties between the U.S. and China rattled global investors.
The firm said its strategy "underscores the company's focus on AI-driven growth".
Donald Trump rolled out a memo telling a key government committee to curb Chinese spending on tech, energy and other strategic U.S. sectors.
The ruling shows Novo Nordisk’s confidence that the supply of semaglutide will be stable for now.
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