TikTok Rival’s Shares Tumble After CEO Says More Regulation Will Hurt Revenue

Kuaishou, a major rival to ByteDance that owns a popular short-video platform in China, said it expects tighter regulations to hurt its revenues. Its Hong Kong-listed shares fell 10%.

Gores Guggenheim SPAC Nears Deal to Combine With Polestar

Polestar is nearing a deal to go public through a merger...

U.S.-EU Trade Summit in Pittsburgh Aims to Deepen Trans-Atlantic Ties

Senior European Union officials including Margrethe Vestager will meet with U.S....

China Has New Way to Fight IP Theft Claims

Chinese technology giants have seized on a new legal tactic to...

Economy Week Ahead: Consumer Spending, Inflation, Manufacturing

Markets this week will be focusing on U.S. consumer spending and...