Why Tesla has been caught up in a massive car recall in China
China announced its largest vehicle recall affecting over four million cars, mostly Teslas, over concerns about hidden door handles that may trap occupants during emergencies.
Woolworths posts $1.14bn profit in cost-of-living crisis – but CEO says it’s not thanks to rising shelf prices
Woolworths reported a $1.14bn net profit with rising margins, citing increased customer volume and cost cuts rather than price increases during the cost-of-living crisis.
Why some of America’s biggest brands are losing ground in China
Major American brands including Nike, Starbucks, and General Motors are losing market share in China due to geopolitical tensions, rising domestic competition, and failure to adapt to local consumer preferences.
Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can’t clear it
David Ellison’s Paramount Skydance faces its toughest hurdle yet as state attorneys general seek to block his $110 billion acquisition of Warner Bros. Discovery, with an antitrust trial scheduled for March.
Jersey earnings rise by 1.2% after inflation
Jersey’s average earnings rose 4.1% year-over-year, but adjusted for inflation they increased only 1.2%, representing a real-terms pay decrease for workers.
How the AIDS crisis helped create a multibillion-dollar death-speculation market
A multibillion-dollar market for life insurance policy sales emerged from the AIDS crisis, allowing policyholders to sell their coverage to investors for a fraction of its face value before death.