According to reports quoting information from persons with knowledge of the situation, Huawei Technologies Co. and its partner Semiconductor Manufacturing International Corp. relied on US technology to develop an advanced chip in China last year.   They asked not to be identified because the...

Target's shares increased 12% after the company posted better holiday-quarter earnings on a smaller-than-expected sales fall and forecast that annual comparable sales would come in considerably above Wall Street estimates.   To increase sales at its outlets, the mass merchandiser is counting...

After a closely followed Morgan Stanley analyst cut his price target on the company, stating that despite significant price reductions, demand for electric vehicles was still declining in important markets, notably China, Tesla's shares saw a third day of declines.   After Tesla's poor...

Certain acne treatments, such as Clinique by Estee Lauder, Up & Up by Target, and Clearasil by Reckitt Benckiser, have high concentrations of the carcinogen benzene, according to independent U.S. laboratory Valisure.   The lab in New Haven, Connecticut, Valisure said on Wednesday that it...

A preview of an artificial intelligence tool for clients' financial departments was given by Microsoft on Thursday. This is a part of their aim to customise new software for specific professions, sectors, and eventually individuals.   According to the company, their product, Microsoft...

On Thursday, Airspace Technologies, a U.S. logistics startup that specialises in expedited freight transportation, announced that it is growing its operations in Asia and collaborating with Qualcomm and other semiconductor companies.   Using a mix of sensors attached to parcels and a...

About 6,000 Black factory workers in California may file a collective lawsuit against Tesla for allegedly failing to stop widespread racial discrimination and harassment at its Fremont facility, according to a tentative ruling by a state judge.   In a written judgement on Wednesday,...

According to reports on Thursday, environmental and human rights organisations have opened a new case against Standard Chartered for its financing of four coal-fired power plants in the Philippines, filing a complaint with a British government mediation organisation.   By funding the...

Chinese property developer Country Garden announced on Wednesday that it has been the target of a liquidation petition for failing to repay a $205 million loan, casting doubt on its chances of a debt restructuring and jeopardising Beijing's attempts to bolster the real estate industry.   The...

The consumer goods company Reckit had its shares fall 10% on Wednesday after missing fourth-quarter like-for-like net sales projections due to an audit revealing certain workers had underreported liabilities in the Middle East.   Investors slammed Reckitt's "vague" expectations for this...

Due to the weakening of the local market and currency, Standard Chartered has stopped accepting new investments from its clients in China into offshore goods through a quota-based route. The bank announced this move in response to a spike in demand for foreign investments.   The London-based...