Businesses have doled out up as much as $4 million to move boats through the Panama Canal with the Strait of Hormuz effectively closed, according to the Panama Canal Authority, in a move that has created a seismic shift in global trade flows.While passage through the waterway usually comes at a

Chinese Commerce Minister Wang Wentao met with Ola Källenius, president of the European Automobile Manufacturers' Association (ACEA) and chairman of Mercedes-Benz Group AG, and Airbus CEO Guillaume Faury, on Thursday respectively, during which he emphasized China's commitments to expand high-level

HBO Max, “Harry Potter” and CNN may soon find themselves under a new roof: Paramount.That’s because shareholders of Warner Bros.

If Chinese enterprises face discriminatory treatment as a result of the EU's revision of the EU Cybersecurity Act, China will take countermeasures in accordance with the Foreign Trade Law and regulations on industrial and supply chain security to safeguard the legitimate rights and interests of its

The Hong Kong Accounting and Financial Reporting Council (AFRC) announced on Thursday that it has imposed a HK$300 million ($38.3 million) fine and six-month practice limitation on PricewaterhouseCoopers (PwC) and HK$10 million in fines on its two former registered responsible persons over the