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Chinese sellers go to TikTok school to reach buyers abroad
Donning hijabs and floor-length abaya gowns over shorts and tank tops, Chinese students at an e-commerce school perform into a smartphone camera as they learn how to sell the clothes to overseas TikTok users. It is the final day of a two-week course on selling products abroad via the short video app -- which despite being blocked in China is a platform more and more Chinese vendors are turning to.
German forecast to offer signs if ailing economy on the mend
The German government will present its latest growth forecasts on Wednesday as Europe's crisis-hit top economy shows tentative signs it is finally turning a corner. But slight improvements in indicators do not mean the government will make any big changes to its forecasts, with analysts still expecting tepid growth this year.
China, future HQ: New ASML boss faces bulging in-tray
Frenchman Christophe Fouquet takes the reins of Dutch chip giant ASML on Wednesday with a daunting to-do list, top of which will be steering business with China as semiconductors become a geopolitical battleground. Fouquet is the second Frenchman to run the Dutch firm, after Eric Meurice, and trade publication Bits&Chips said his nationality could cut both ways.
Asian stocks rise on earnings optimism as US data approaches
Asian equities extended the week's gains Wednesday following a strong rally on Wall Street and another record in London, as traders cheered more upbeat earnings reports and data indicating a slowdown in US economic activity. General Electric, Spotify, and diaper and paper product brand Kimberly-Clark were among the companies posting strong gains after releasing quarterly reports.
Recycled 'zombie' misinformation targets US voters
Migrants, vaccines, pedophilia rings -- old conspiracy theories are resurfacing ahead of the US election despite being repeatedly debunked, in what researchers call "zombie" falsehoods that appear to resonate with polarized voters. Yet it later grew into the sprawling QAnon conspiracy movement, which gained popularity ahead of the 2020 election.
Tesla profits tumble but shares rise on new vehicle plan
Tesla reported a big drop in quarterly profits Tuesday, pointing to elevated pressure on the electric vehicle market that has led to deep cost-cutting. Tesla is committed to "company-wide cost reduction" as part of an effort to achieve "profitable growth," it said.
The ANC lacks the bravery to expel Jacob Zuma: Political Analyst
An independent political analyst believes the ANC leadership fears cutting ties with Jacob Zuma despite him heading up another political organisation, the MK Party.
Starbucks set for talks with unionized US stores
Starbucks is set to hold talks with labor representatives from stores that have voted to unionize in a key step towards reaching contracts, both sides said Tuesday. "This is a positive step toward achieving our December goal of reaching ratified contracts for represented stores in 2024."
SA woman's vetkoek-making method goes viral and flares tempers on TikTok
See a TikTok video of a South African woman mixing vetkoek dough with her feet that went viral. Netizens raised concerns about hygiene and food safety.
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