Business & Financial News, U.S & International Breaking News

Carlos Ghosn, the former Nissan Motor Co chairman, wired $862,500 last year to a company managed by one of the two men who later helped him escape from Japan, U.S. prosecutors said in a Tuesday court filing.

U.S. Deputy Secretary of State Stephen Biegun rejected on Wednesday reports that he was seeking to meet North Korean officials during a visit to South Korea this week but reiterated that the United States is open to resuming talks.

The Federal Trade Commission and the U.S. Justice Department are looking into allegations that popular app TikTok failed to live up to a 2019 agreement aimed at protecting children's privacy, according to two people interviewed by the agencies.

China opened its powerful national security office in Hong Kong on Wednesday, turning a hotel near a city-centre park that has been one of the most popular venues for pro-democracy protests into its new headquarters.

Many U.S. colleges were scrambling on Tuesday to modify plans for the fall semester in the midst of the coronavirus pandemic a day after the Trump administration issued an order that could force tens of thousands of foreign students to leave the country if their schools hold all classes online.

Asian stocks dithered on Wednesday as an increase in coronavirus cases in some parts of the world undermined prospects for a quick economic recovery while oil prices eased on oversupply fears.