Russia and Saudi Arabia have agreed to extend a deal to keep oil production low owing to abundant world supplies, President Vladimir Putin said Saturday. "We will extend this deal, Russia and Saudi Arabia. For how long? We will think about that. For six or nine months. It is possible that...

Huawei's founder likened his company to a badly damaged plane Monday and said revenues will be $30 billion less than forecast over the next two years. The Chinese telecom giant will reduce capacity but U.S. moves to restrict its business "will not stop us," Ren Zhengfei, who is also the...

China's exports beat gloomy forecasts to rebound in May though imports sank more than expected as the trade war with the United States heats up, official data showed Monday. The spat between the world's top two economies escalated last month, with President Donald Trump increasing tariffs...

The head of the International Monetary Fund warned Sunday that global trade tensions posed the "principal threat" to the world economic outlook and U.S.-China tariffs could make a "significant dent" in any recovery. "The principal threat stems from continuing trade tensions," said Christine...