(Bloomberg) — South Korean battery producer SK On Co. is offering employees voluntary measures meant to shrink its workforce, as the industry grapples with electric vehicle sales’ slowdown. The package includes options for early retirement or unpaid leave to pursue a degree — with fees subsidized 50% by the company — SK On said in…
HELSINKI — A zoo in Finland has agreed with Chinese authorities to return two loaned giant pandas to China more than eight years ahead of schedule because they have become too expensive for the facility to maintain amid declining visitors. The private Ähtäri Zoo in central Finland some 330 kilometers (205 miles) north of Helsinki…
A brief China-led rally has faded, leaving shares in Europe and Asia mixed on Wednesday after a strong start that had extended overnight gains on Wall Street. Markets had surged after Beijing announced a flurry of measures aimed at reviving the housing market after a prolonged downturn. That news also boosted prices for oil, copper…
JPMorgan Chase CEO Jamie Dimon praised Elon Musk’s plan for a government efficiency commission, calling it a “very good idea” while highlighting the need for heightened government accountability. In an interview with CNBC-TV18 at the India Investor Summit, Prashant Nair brought up Musk’s proposal for an efficiency task force to audit the federal government. “So Elon, this idea about…
TOKYO — Japan’s top diplomat asked China to ensure the safety of Japanese citizens there after the fatal stabbing of a Japanese schoolboy, and demanded a crackdown on what she called “groundless, malicious and anti-Japanese” social media posts that threaten children’s safety. Foreign Minister Yoko Kamikawa requested her Chinese counterpart, Wang Yi, conduct a full…
[The content of this article has been produced by our advertising partner.] As business, trade and travel between Hong Kong, mainland China and ASEAN countries expand, fostering cultural understanding is increasingly acknowledged as key to strengthening international collaboration. Beyond government efforts, the ASEAN Film Festival (AFF) is one of the latest initiatives driving cross-cultural dialogue…
[The content of this article has been produced by our advertising partner.] City University of Hong Kong (CityUHK) is committed to providing inspirational, interactive and innovative learning experiences. The University was recognised as the Most International University by Times Higher Education (THE) earlier in 2024. In partnership with top global universities, CityUHK introduced four Flagship…
Lauren Sánchez’s former yoga instructor, Alanna Zabel, was not happy when she learned the former Fox News anchor had released a children’s book, The Fly Who Flew to Space, earlier this month. Zabel claims that Sánchez stole her idea for the book, according to a complaint obtained by Page Six. Zabel alleges that she engaged…
A popular Australian meal delivery service has collapsed after a deal meant to help keep the business afloat fell through. Jordan Hartley, founder of NSW-based company Hartley Health, announced on Friday that the business would no longer be taking orders and that operations would be ceasing “effective immediately”. She said a deal to help financially…
Next week could be critical in determining whether stocks at all-time highs can sustain their momentum, at least for a little while longer. The Dow Jones Industrial Average topped 42,000 this week for the first time ever, while the S & P 500 breached the 5,700 milestone, after the Federal Reserve cut interest rates by…