Shein and Temu prices poised to rise after Biden de minimis proposal
A man walking past a logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images The …
BUSINESS
Third of people in Spain say local area has too many foreign tourists | Overtourism
A third of people in Spain say their local area now has too many international visitors, according to a continent-wide survey that has found most people across Europe are sympathetic …
Russian hacker groups hit Taiwan bourse, bank in surprise attack
Russian hacker groups briefly disrupted Taiwanese financial platforms including the stock exchange and lender Mega Financial Holding Co.’s website, exposing the vulnerability of the island to foreign cyberattacks. Two groups …
China gives PwC record £47m fine and six-month ban over Evergrande | PwC
The China arm of the accountancy firm PwC has been banned for six months and fined a record 441m yuan (£47m) over its audit of the collapsed property developer Evergrande, …
Meta to push on with plan to use UK Facebook and Instagram posts to train AI | Technology sector
Mark Zuckberg’s Meta is to go ahead with controversial plans to use millions of UK Facebook and Instagram posts to train its artificial intelligence (AI) technology, in a practice that …
‘Democrats are losing’: a battle on EVs could cost Kamala Harris votes in Michigan | US elections 2024
As the critical swing state of Michigan hangs in the balance, experts warn that Democrats’ poor messaging over the shift to electric vehicles could lose them the state in November’s …
Northern Arc Capital mobilises Rs 229 cr from anchor investors ahead of IPO
Non-bank financial institution Northern Arc Capital on Friday said it has collected Rs 229 crore from anchor investors, days before the opening of its share-sale for public subscription. SBI General …
U.S. lawmakers introduce bill to put regulations on sports betting
Sports gambling has exploded across the United States over the past six years and, in response, two lawmakers have introduced legislation that would implement federal regulations on the practice. Rep. …
High court blocks Cumbria plan for UK’s first new deep coalmine in 30 years | Coal
The UK’s first new deep coalmine in 30 years will not be allowed to go ahead after a ruling in the high court. On Friday morning, Justice Holgate ruled that …
Boeing workers walk off the job after vote to strike and rejecting pay deal | Boeing
Tens of thousands of Boeing workers walked off the job early on Friday after voting overwhelmingly to strike for higher pay, halting production of the planemaker’s strongest-selling jet as it …