Business

Virus upends outsourcing as firms 'reshore', embrace AI

Coronavirus is permanently shaking up the global outsourcing industry as lockdowns from Bangalore to Manila prompt firms to "reshore" jobs and, with AI, to move further away from needing humans at all.

Business

JD.com racks up $38B in sales in annual online shopping fest

JD.com's annual "618" online shopping extravaganza racked up a total of 269.2 billion yuan ($38 billion) worth of transactions, as consumers splurged during China's first major e-commerce sale since the pandemic began.

Business

China accuses US of 'outright bullying' over TikTok

China accused the United States on Tuesday of "bullying" over popular video app TikTok, after President Donald Trump ramped up pressure for its US operations to be sold to an American company.

Business

What day is it? UAE works on Friday for first time

Employees and schoolchildren juggled work and studies with weekly Muslim prayers on the first ever working Friday in the United Arab Emirates as the Gulf country formally switched to a Saturday-Sunday weekend.

Automotive

Ford CEO: No plan to spin off EV business, but change coming

The CEO of Ford Motor Co. says the automaker has no plans to spin off its electric vehicle or internal combustion businesses, but is reinventing itself by removing costs and ramping up for large-scale EV and software sales.

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