Business

A once-obscure Chinese startup overtakes Shein In US

This time last year, hardly anyone in the U.S. knew what Temu was. Now, as American consumers grapple with runaway inflation, the bargain shopping app backed by a Chinese tech company is on a tear, with sales exceeding rival ...

Business

Hundreds protest Amazon expansion in France

Hundreds rallied in several French towns on Saturday in protests against Amazon called by anti-capitalist and environmental groups, including at one site where the US e-commerce giant plans a massive warehouse.

Business

Colombia orders Uber to suspend app services

Uber has been told to immediately suspend its ride-sharing services in Colombia, the industry and commerce authority announced Friday, citing unfair competition laws.

Business

Lawsuit forces Uber to stop operating in Colombia

Uber said Friday it will stop operating in Colombia following stiff opposition from taxi drivers' unions and a lawsuit that said the ride-sharing app was breaking local transport laws.

Business

Big Chinese firms fined over anti-monopoly law

China fined 11 companies including tech giant Tencent on Friday, taking aim at their acquisitions and joint ventures as authorities target monopolistic practices.

Business

Current, former VW bosses face 'market manipulation' charges

Weeks after its latest attempted new start with an all-electric car, Volkswagen is again in the legal weeds over its years-old "dieselgate" scandal, as charges against top executives pile on top of mass lawsuits by investors ...

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