American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
A spokesman for the Sultan of Brunei dismissed a report by the Wall Street Journal online that he had made a bid for New York's Plaza Hotel, Dream Hotel and London's Grosvenor House hotel.
The Journal's website edition reported on Saturday, citing people familiar with the situation, that an investment firm affiliated with Brunei had offered to pay $2 billion for the three hotels, which are currently owned by India's Sahara conglomerate.
"Neither His Majesty, the Brunei Investment Agency, nor the Government of Brunei are involved in any way in the purchase of the Grosvenor House in London or the Plaza and Dream Downtown hotels in New York,'' a spokesman acting on behalf of the Sultan of Brunei wrote in an email.
Brunei has been criticized by civil rights and gay rights advocacy groups in the United States for becoming the first East Asian country to adopt sharia criminal law, which punishes sodomy and adultery with death by stoning.
The City of Beverly Hills voted in May to pressure the sultan's luxury hotel operator, the Dorchester Collection, to divest the Beverly Hills hotel.
The Journal story made headlines in India, where Sahara is best known as the long-time former main sponsor of India's national cricket team.
Its chairman, Indian tycoon Subrata Roy, has been negotiating a sale of the hotels from a makeshift office in prison in New Delhi. He wants to raise $1.6 billion for bail.
Roy has been held for more than five months after failing to appear at a contempt hearing in a long-running dispute with regulators over his group's failure to repay billions of dollars to investors who were sold outlawed bonds.
Sahara bought the Plaza Hotel for about $570 million in 2012. Two years earlier, it paid 470 million pounds ($786.5 million) for the 494-room Grosvenor House overlooking Hyde Park near Buckingham Palace.
The group is also looking to sell the Dream Hotel in midtown Manhattan.