US Business

Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.

Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.

Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.

Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the company.

The German pharmaceutical and agricultural conglomerate said the Federal Court of Australia closed the last pending case in the country over whether its Roundup weedkiller causes cancer.

The jet manufacturer outlines more than a dozen steps it has taken in recent months to address concerns about production issues.

Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.

After rented vehicles rammed into a crowd in New Orleans and exploded in Las Vegas, some users say a reckoning of the firm’s practices is overdue.

A surge of promotional deals in the fourth quarter failed to stimulate sales enough to top the prior-year results.

Demand for pickup trucks and hybrid vehicles helped automakers increase deliveries, but challenges loom for 2025.