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Commerce

The EU Is Investigating Temu for Illegal Products and Addictive Design

by Mark McDuffie
The EU Is Investigating Temu for Illegal Products and Addictive Design

The European Union has launched a formal investigation into Chinese shopping platform Temu, citing concerns that the platform is selling illegal products and has been designed in a way that …

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Where Have All the Chief Metaverse Officers Gone?

by Mark McDuffie
Where Have All the Chief Metaverse Officers Gone?

Ball adds that the speed at which brands wanted to act, without a real plan or understanding of the space, created issues for its longevity: “There was definitely a lot …

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Shein Workers Have Had It—and They’re Going Public

by Mark McDuffie
Shein Workers Have Had It—and They’re Going Public

Under Chinese law, only 10 percent of a company’s staff is supposed to be made up of labor dispatch workers. But Zhang says the regulations are often not rigorously enforced. …

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Gold ticks lower as dollar, yields firm after inflation report

by Mark McDuffie
Gold ticks lower as dollar, yields firm after inflation report

Gold softened on Friday as the dollar and Treasury yields firmed after U.S. inflation data matched expectations, but the bullion is set for weekly and monthly gains as a September …

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Antfin Singapore sells Zomato shares worth Rs 4,771 crore via block deals

by Mark McDuffie
Antfin Singapore sells Zomato shares worth Rs 4,771 crore via block deals

Antfin Singapore Holding has sold Zomato shares worth Rs 4,771 crore via block deals on Tuesday. The stake sale which involved selling of over 18.54 crore shares was done in …

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Sudbury’s Stobie Mine getting new life above ground

by Khairy Forshey
Sudbury’s Stobie Mine getting new life above ground

What’s old is new. Vale Base Metals announced Wednesday it will start operations at an open-pit mine at the site of the old Stobie Mine in Greater Sudbury. The $205 …

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Sellers Call Amazon’s Buy Box ‘Abusive.’ Now They’re Suing

by Mark McDuffie
Sellers Call Amazon’s Buy Box ‘Abusive.’ Now They’re Suing

The latest UK class action, brought by the retailers, seeks financial compensation for the company’s alleged historical practices. “The most obvious and principal effect is a loss of revenue and …

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TikTok Shop’s Era of Super Subsidies Is Ending

by Mark McDuffie
TikTok Shop’s Era of Super Subsidies Is Ending

The days of buying ultracheap stuff on TikTok Shop may be winding down. Starting today, the fees TikTok charges sellers increase from 2 percent to 6 percent of the price …

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IIM Kashipur Invites Admissions For MBA (Analytics) For 2024-26 Batch

by Sipho Sepamla
IIM Kashipur Invites Admissions For MBA (Analytics) For 2024-26 Batch

Home Education IIM Kashipur Invites Admissions For MBA (Analytics) For 2024-26 Batch The admissions for this two-year, fully residential programme’s last application day is 7 March 2024. The programme also …

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new zealand: India, New Zealand discuss measures to cut trade barriers, promote investor-friendly environment

by Mark McDuffie
new zealand: India, New Zealand discuss measures to cut trade barriers, promote investor-friendly environment

India and New Zealand have discussed measures to reduce trade barriers and promote a more investor-friendly environment to boost economic ties, an official statement said on Wednesday. The issues were …

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