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Today — 7 November 2026NYT - Business
Before yesterdayNYT - Business

China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals

5 November 2026 at 11:23
Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny of global transactions that could affect Beijing’s technology ambitions.

© Moritz Hager/Reuters

China is ABB’s largest robotics market and most of its machines built for Chinese customers are manufactured locally.

U.S. Restricts Trade With Chinese Genomics Company

28 October 2026 at 13:05
The move will block shipments from BGI, a major Chinese firm that U.S. officials allege is associated with forced labor and the abuse of minority groups.

© Ren Chao/Xinhua, via Getty Images

BGI exhibit in Beijing last year. The Trump administration added the company, a major Chinese genomics company that U.S. officials have long eyed with suspicion, to a trade blacklist aimed at barring products made with forced labor in China.

Audi to Build Factory in Georgia, Trump Says

25 October 2026 at 15:30
The Volkswagen division, which imports all its cars from Europe or Mexico, has been hit hard by U.S. tariffs.

© Haiyun Jiang/The New York Times

President Trump at a rally in Georgia on Saturday. By promising to invest in a key battleground state, Volkswagen may be hoping to win concessions from the White House.
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