Medical Conditions

Blackstone Inc. is ramping up its bet on the global travel and leisure market with a $6.3 billion purchase of an Australian resort and casino operator.The giant investment firm closed last month on its…

TOKYO— Apple Inc. AAPL 0.17% has told some of its contract manufacturers that it wants to boost production outside China, citing Beijing’s strict anti-Covid policy among other reasons,…

U.S. health regulators cleared for use a booster shot of the Covid-19 vaccine from Pfizer Inc. and BioNTech SE for children 5 to 11 years, expanding booster access to about 28…

WASHINGTON—As war and the pandemic expose the fragility of supply chains, the U.S. and its allies are pursuing a new kind of global trade, one that confines commerce to a circle of trusted nations. Fans call the shift “friend-shoring.”The…

Under the plan, which previously hasn’t been reported, the German company, a minnow in the U.S. but one of the largest auto makers in the world, is planning to launch a new Scout-branded electric sport-utility vehicle and a Scout electric…

Pfizer Inc. PFE 1.54% agreed to buy the rest of Biohaven Pharmaceutical Holding Co. BHVN 70.30% for about $11.6…

HONG KONG—Car sales in China declined 36% in April from a year earlier, the worst fall in more than two years, as weekslong anti-Covid lockdowns in parts of the country shutter factories, disrupt supply chains and keep car buyers at home.…

Chinese companies like Alibaba Group Holding Ltd. BABA -5.79% are embracing buybacks and one-off dividends, handing cash to shareholders as they seek to shore up their battered stock…

BEIJING—Before the pandemic, Apple Inc. AAPL -3.32% sent hundreds of U.S. engineers each month to China to oversee the contract manufacturers that build most of its products.Now, in a…

The pullback also reflects softening foreign demand as high inflation eats into consumer spending in the U.S. and Europe, economists say, underscoring the wider loss of momentum in a global economy grappling with rising interest rates and…