Luca Maestri, the tech company's financial chief, told analysts that supply-chain issues would hurt sales in the quarter by $4 billion to $8 billion
Beginning in August 2021, several Covid-19 outbreaks in China led to mobility restrictions, which in turn reduced domestic demand for petroleum products
Weijian Shan, whose Hong Kong-based group PAG manages more than $50 billion, told a meeting that he would diversify away from the country
Huawei held just 6.2% of the China handset market in the first quarter, research firm Counterpoint Research said on Thursday.
His comments followed a statement by White House press secretary Jen Psaki on Monday that the US is studying the inflationary impact of tariffs
The bank's China business in particular suffered branch closures amid ongoing virus restrictions, which drove an 18% decline in wealth management income
The central bank risks upsetting the public as the weak yen drives up the price of imported goods going into Japan's upper house election expected on July 10
Talks with the US government to build a heavy rare earths plant in Texas have dragged on for four years but the group's CEO hopes a contract can be signed later this year.
Lining up two providers of automotive parts allows carmakers to reduce their exposure to shocks but adds to costs, chief executive Jim Rowan said
BYD accounted for about 17% of the 3 million new energy vehicles (NEV) sold in China in 2021, China Association of Automobile Manufacturers data show
Struggling developer, which has $300 billion in liabilities, is offering special discounts with a target of 1-billion yuan in sales in upcoming holiday break
Hwang and chief financial officer Patrick Halligan are accused of artificially inflating the fund's portfolio from $1.5 billion to $35 billion in just 12 months