Staff and volunteers with The Los Angeles Dodgers Foundation, distribute food and other goods for people facing economic hardship in Huntington Park, California. Photograph: AFP via Getty

The US economy contracted at its steepest pace since the Great Depression in the second quarter as the Covid-19 pandemic shattered consumer and busine(...)

 A shopper wearing a  mask in Marina Del Rey, California. US retail sales posted a surprise spike of 17.7%  in May,  nearly double what analysts had forecast.  Photograph: Getty Images

US retail sales experienced a record rise in May as 2.5 million Americans went back to work and people began moving about more freely, although the re(...)

Photograph: iStock

Taiwan Semiconductor Manufacturing has secured government subsidies for its envisioned $12 billion chip plant in Arizona, moving closer toward finalis(...)

 China’s commerce ministry says it will take “all necessary measures” in response to new U.S. restrictions on Chinese tech giant Huawei’s ability to use American technology. Photograph: Ng Han Guan/AP

Huawei Technologies Co has warned the latest U.S. curbs on its business will inflict a “terrible price” on the global technology industry, inflaming t(...)

Photograph: iStock

US exports and imports of goods slumped in March to the lowest level in almost three years as the coronavirus pandemic shut down economies across the(...)

The company said the indictment is “part of an attempt to irrevocably damage Huawei’s reputation”

US prosecutors on Thursday accused Huawei of stealing trade secrets and helping Iran track protesters in its latest indictment against the Chinese com(...)

President Donald Trump in May effectively barred Huawei from US communications networks after Washington found the company had violated US sanctions on Iran and attempted to block a subsequent investigation. Photograph: AFP via Getty Images

Huawei Technologies has dismissed a new 90-day extension by the Trump administration allowing US companies to continue doing business with the Chinese(...)

The Trump administration is expected to begin issuing licences to US companies doing business with Huawei. Photograph: Shawn Thew/EPA

The United States will soon issue licences allowing some US companies to supply non-sensitive goods to China’s Huawei, the New York Times reported, as(...)

The figures show that chemical manufacturers and electronics producers – both industries that have historically relied heavily on offshore subsidiaries for tax purposes – brought back the most. Photograph: Reuters

The Republic was the third largest source of offshore cash repatriated by US companies last year, according to figures released by the US commerce dep(...)

Christine Lagarde was nominated on Tuesday to take over at the helm of the European Central Bank. Photograph: Getty Images

Euro-zone stocks surged on Wednesday as investors piled into companies with big dividends on hopes European Central Bank chief nominee Christine Lagar(...)

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