German sportswear maker Adidas said Wednesday store closures in China had brought plummeting sales since the beginning of the novel coronavirus outbreak in late January. "Our business activity in Greater China has been around 85 percent below the prior year level since Chinese New Year on...

Washington has the right to block US federal agencies from buying products by Huawei on cybersecurity grounds, a judge ruled Tuesday, dismissing the Chinese telecom giant's legal challenge to a purchase ban. Huawei filed the suit last year and claimed Congress had failed to provide evidence...

Jeff Bezos, the CEO of the e-commerce giant Amazon, announced the launch of Bezos Earth Fund and promised $10 billion donation for fighting against climate change. "I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of...

European Union finance ministers added Panama, the Seychelles, the Cayman Islands and Palau to the bloc's blacklist of tax havens, while giving more time to Turkey to avoid listing despite shortfalls, an EU document said Tuesday. The list, which was set up in 2017 after revelations of...