Japanese workers are finally seeing their pay jump

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Japanese workers have seen their pay go up at a record rate after the government called on companies to help employees facing rising prices. Official...

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Tesla starts to lay off some workers at China factory: Report

July 6, 2023July 6, 2023

Electric car maker Tesla Inc is laying off some battery production workers at its Shanghai plant, Bloomberg News reported on Friday (Jul 7), citing people...

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Exclusive-China to end Ant Group’s regulatory revamp with fine of at least $1.1 billion-sources

July 6, 2023July 6, 2023

HONG KONG : Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as...

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Verstappen focused on Red Bull success to end Silverstone drought

July 6, 2023July 6, 2023

SILVERSTONE: A calm and focussed Max Verstappen yesterday expressed some relief that his Red Bull team have maintained a very healthy lead over all their...

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Twitter threatens legal action over Threads app

July 6, 2023July 6, 2023

Twitter is considering legal action against Meta over its fast-growing rival app Threads. Threads, which was launched to millions on Wednesday, is similar to Twitter...