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PetroChina’s net profit and revenue rose, primarily due to a rise in sales volume for the Chinese state-controlled oil company’s oil and gas products.

The places and voter groups that gave the most support to Haley show Trump’s biggest vulnerabilities heading into the general election.

BMW will invest $2.8 billion to adapt one of its major Chinese factories to produce more electric vehicles in the world’s largest EV market.

The fog blanketing Australia’s economic outlook has thickened, leaving the country’s central bank in a quandary about which direction to next take interest rates.

Atos said the French state planned to acquire part of its big data and security arm for up to €1 billion as it seeks to raise more cash.

Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.6 billion takeover by Blackstone, trumping a rival bid from Apollo-backed music company Concord Chorus.

IAG’s planned €400 million acquisition of Air Europa could reduce competition, the EU said, concerned that customers could face increased prices and lower quality service.

Vivendi recorded a 5% revenue rise in the first quarter, with growth driven by the consolidation of Lagardere and strong performances at Canal+ and Havas.

Tentative approval follows Elon Musk’s unannounced visit to Beijing and a meeting with the Chinese premier.

BBVA raised its profit target for the year after first-quarter results came in above consensus expectations, helped by a 15% rise in net interest income.

Philips has reached a $1 billion settlement in the U.S. related its Respironics ventilators, and backed its full-year guidance.

The Japanese yen bounced back sharply after briefly hitting a low of 160 against the dollar on waning expectations for near-term rate increases from the Bank of Japan.

The Japanese yen briefly hit a new 34-year low of 160 against the dollar, on waning expectations for near-term rate increases from the Bank of Japan.

Egypt offered a new proposal for a truce between Israel and Hamas in which some Israeli hostages would be released in exchange for Palestinian prisoners and a three-week cease-fire.

Biden spoke with Netanyahu to reiterate U.S. concerns about a widespread invasion of Rafah and discuss prospects for a deal.

Individual U.S. states, invoking grassroots American distrust of the Chinese Communist Party, are taking action to block Chinese land purchases, factory plans and research in their jurisdictions.

Biden again called on Vladimir Putin to release Wall Street Journal reporter Evan Gershkovich from a Russian jail during a black-tie gala in Washington.

TikTok failed to avert a sale or ban of its operations in the U.S. in part due to tectonic shifts in U.S.-China relations and coordinated, stealthy efforts by the app’s critics on Capitol Hill.

Some donors have threatened to pull support from universities over mounting pro-Palestinian protests. But private gifts are just one of the ways schools can be funded. Former Northwestern President Morton Schapiro breaks down the complex financials of higher education.

Elon Musk met senior Chinese officials in Beijing as he pushes for approval to introduce Tesla’s advanced driver-assistance technology to its biggest overseas market, where it has been losing ground to homegrown electric-vehicle makers.

Traders will get a new look at the prospects for interest-rate cuts at the conclusion of the Fed’s Wednesday meeting, potentially modifying investors’ anxiety about what is next for the stock market.

Energy-guzzling artificial intelligence has become the new driver of growing demand for renewable electricity, but supply can’t keep up.

Restaurants in California are raising menu prices after the state increased the minimum wage for workers in the fast-food industry.

Employees are back on the road again, driving business travel closer to prepandemic levels despite the availability of remote-work tools.