Officials from the world’s largest economies will try to strike a deal Tuesday to relax painful export restrictions that they have imposed on each other.

High-level delegations from the United States and China are meeting in London to try and shore up a fragile truce in a trade dispute that has roiled the global economy.

China is three to six months behind the United States in artificial intelligence, White house AI and crypto czar David Sacks said Tuesday at an event in Washington, warning that excess U.S. AI regulation could damage American innovation in the industry.

China, which has the world's largest navy by hull count, continues to expand its military reach and presence in the Pacific Ocean.

Live Updates Live Coverage Updates appear automatically as they are published. Analyst Moves 9:59 am by The hits keep coming for McDonald’s (NYSE: MCD) stock. Most recently, Redburn Atlantic downgraded shares to a “sell” rating from “buy,

Asia stock markets mixed on Tuesday as traders cautiously awaited further details from the second day of US-China trade talks. Officials from both nations met in London on Monday to discuss rare earth shipments and the potential easing of export restrictions,

The ship was stuck in shallows for three hours just a mile from the Philippine-held Thitu Island, according to that Manila's coast guard.

The United States is exaggerating Huawei's achievements when it comes to the Ascend AI chip, the chief executive of China's Huawei Technologies said, according to Chinese state media.