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News
US-Taiwan ties 'never been stronger', top diplomat in Taipei says
1+ week, 6+ day ago (333+ words) While the U.S., like most countries, has no formal diplomatic relations with Chinese-claimed Taiwan, it is the island’s most important international backer and arms supplier. Taiwanese companies have been investing billions of dollars in the U.S., led by TSMC’s $265 billion investment…...
US shoppers tighten budgets, but still find room for treats and splurges
3+ week, 1+ day ago (726+ words) By Juveria Tabassum and Anuja Bharat Mistry Aug 21 (Reuters) – Walmart’s disappointing sales and Home Depot’s strength among budget-conscious do-it-yourselfers indicate middle-class American consumers are growing more tight-fisted, even as wealthier shoppers have kept supporting luxury brands like Ralph Lauren. Earnings…...
France fines Boohoo???2.3 million over deceptive discounts on website
3+ week, 3+ day ago (265+ words) Boohoo exaggerated the discounts it was offering, giving shoppers a false impression of the savings they were making, the DGCCRF (Directorate-General for Competition, Consumer Affairs and Fraud Control) said in a statement. Of the promotions analysed by the watchdog, 40% were…...
Chinese drone maker DJI gets fresh chance to escape Pentagon's blacklist
4+ week, 1+ day ago (500+ words) By Jody Godoy and Karen Freifeld The U.S. Court of Appeals for the District of Columbia Circuit ruled that the lower court erred by relying only on the unclassified record in concluding that the company contributes to the Chinese defense industrial…...