Chinese automaker BYD negotiates with Stellantis, other European carmakers to take over underutilized factories in the region, its top international executive says.

Chinese green manufacturers are abandoning investment ambitions in the United States, citing policies implemented by Trump as a deterrent.

Chinese green manufacturers are reportedly abandoning their investment ambitions in the United States, citing policies implemented by Trump as a deterrent.

Blackstone terminates $4 billion acquisition of New World. The deal collapsed after the property developer refused to hand over management control to the investment firm.

Blackstone has terminated its proposed $4 billion acquisition of New World after the property developer rejected demands for a change in management control.

ECB Governing Council member Olli Rehn says economic data shows the first signs of a stagflationary shock. The comments highlight growing concerns over the outlook for the eurozone economy.

European Central Bank Governing Council member Olli Rehn stated that current economic data indicates the initial signs of a stagflationary shock.

Turkey reports record monthly decline in foreign reserves for March as global market selloffs triggered by the Iran war strain the lira.

Turkey's foreign reserves experienced their largest monthly decline on record in March, driven by global selloffs in emerging market assets and pressure on the lira following the outbreak of war in Iran.