The summer holiday season started with a bang for China’s aviation sector, with passenger traffic at the country’s airports reaching almost 9 million — about the population of Switzerland — in the first five days of July.
Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin, the world’s largest, documents released by New York’s Attorney General show.
Uber Technologies Inc. Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, according to people familiar with the matter, marking the most significant executive departure since the company went public in 2019.
Cisco Systems Inc. can be sued over allegations the company used its technology to help Chinese authorities perpetrate religious persecution of Falun Gong followers, an appeals court said in a ruling that threatens to exacerbate tensions between the US and China.
New York Stock Exchange Chief Operating Officer Michael Blaugrund is leaving to run fintech investing company DriveWealth LLC, according to people with knowledge of the matter.
US regulators are allowing imports of additional supplies of a cancer drug from China amid a nationwide shortage that has forced doctors to ration care, putting patients’ lives at risk.
America’s biggest tech companies have become too large even for the stock index tracking America’s biggest tech companies.
Berkshire Hathaway Energy agreed to buy Dominion Energy Inc.’s stake in a Maryland liquefied natural gas export project for $3.3 billion.
The Philippines’ stronger defense relations with the United States can help unlock business deals for the Southeast Asian nation as Washington and its allies seek alternatives to China, according to Manila’s envoy to the US.
The stock market kicked off the week on a cautious note, with traders sifting through remarks from a slew of Federal Reserve speakers while awaiting key inflation data and the start of the earnings season.
