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Workers assemble a Wuling Hongguang Mini EV, an all-electric microcar manufactured by SAIC-GM-Wuling, at a plant of the joint automaker in Qingdao in east Chinas Shandong province Tuesday, Nov. 30, 2021. Future Publishing | Future Publishing | Getty Images BEIJING…
Auto retailers across the U.S. are likely to be out of service for days following a second major cyberattack at CDK Global, the software provider that thousands of dealers rely on to run their stores. “At this time, we do…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s online shopping extravaganzas are beginning to lose their lustre as the country’s ecommerce platforms battle to offer steep discounts…
Investors may want to consider hedging their emerging market plays, according to one exchange-traded fund expert. Ben Slavin, global head of ETFs and managing director at BNY, said that while there have been notable inflows into Indian, European and Japanese…
If a streaming service sounds too good to be true, it probably is. In the case of Jetflicks, it was too good to be legal. A federal jury in Las Vegas convicted five male defendants for their roles in a…
This month, Japanese digital lender Sony Bank began offering customers a yen deposit account with a taster annualised interest rate of 10.52 per cent — a startling return in a country where savings have earned almost nothing for nearly two…
U.S. President Joe Biden departs the White House in Washington, U.S., for a campaign fundraiser in California, May 9, 2024. Craig Hudson | Reuters President Joe Biden’s reelection effort and the Democratic National Committee raised a combined $85 million in…
Classes ending in June means boundless joy for kids, right? Not if they’re among the 30 million students who qualify for the federally-assisted meal program and who now likely face “summer hunger”—the result of food-insecure families losing access to the…
US stocks retreated from record highs, ending the Nasdaq Composite’s longest winning streak this year. The tech-heavy index closed 0.8 per cent lower on Thursday, ending a seven-session run of gains that was its longest positive run since a nine-session…