Chinese companies started talking a decade ago about cracking the U.S. auto market with an array of low-cost passenger vehicles. That hasn't happened, so instead they're getting under the hoods of American cars by buying up parts makers at a record pace.

Brexit has already damaged businesses even before Prime Minister Theresa May triggers the start of Britain's withdrawal from the European Union, according to a survey of the country's largest companies.

The U.S. trade deficit widened last year to the biggest since 2012 as exports fell more than imports, though a narrowing gap in December suggests demand is stabilizing overseas for American goods.

Asia's expanding economies and growing middle class are a benefit to Singapore and may help offset the threat of a trade pullback from the U.S., according to the city state's Economic Development Board.

United Parcel Service Inc.'s holiday-season scorecard is out, and for the third year in four it reads e-commerce: 1, company: 0.

The growth of e-commerce is putting enormous new demands on U.S. highways, airports and other infrastructure, which must be modernized with sustainable funding, FedEx Corp. Chairman and Chief Executive Frederick Smith said.

When Trump administration appointee Wilbur Ross sat for a hearing on his commerce secretary nomination, one name kept coming up: Toyota. A senator from Vice President Mike Pence's home state asked to be reassured trade reforms wouldn't compromise Indiana jobs. Another from Mississippi said he was "tickled to death" Corollas are built in his state.

Sneaker producers, automakers and retail giants are facing tumult in their international operations as President Donald Trump pushes ahead with a dramatic overhaul of U.S. trade policy.

SAP SE raised its targets for 2020 as customers bought its latest suite of applications at a faster pace, and Chief Executive Officer Bill McDermott - a fan of Donald Trump's "The Art of the Deal," - said he wouldn't "lay off the accelerator" on acquisitions, engineering investment or a potential share buyback.

The word in Davos: Ignore the tweets. Executives gathered in the Swiss resort for the World Economic Forum last week kept repeating, like a soothing mantra, that Donald Trump is at heart a pragmatist who will avoid trade wars and regulations that make it harder to do business.