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Alibaba expects slowest annual growth in eight years

China's Alibaba forecast annual revenue to grow at its slowest pace since its 2014 stock market debut due to slowing con...

India police charge Amazon execs in alleged marijuana smuggling case

Police did not disclose how many executives were charged.

Alibaba takes in US$84.54 billion in orders in toned-down Singles Day

The results come as overall consumption in China slows, and cap a relatively muted version of a sales festival that Alib...

Facebook plans to remove thousands of sensitive ad-targeting options

The company makes the vast majority of its revenue through digital advertising.

From splurge to ‘common prosperity’: Alibaba tones down Singles Day

In 2021, Alibaba is formally promoting "sustainable development" and "inclusiveness".

Amazon’s holiday-quarter forecast disappoints as labour, supply issues mount

After a year of blockbuster results, the world's largest online retailer is facing a tougher outlook.

Facebook changes name to Meta as it refocuses on virtual reality

CEO Mark Zuckerberg said the new name reflected its work investing in the metaverse, rather than its namesake social med...

Kim Kardashian West collaborates with luxury label Fendi

The move comes as luxury labels seek to generate buzz in a crowded media landscape by signing on celebrities.

PayPal preparing US$45 billion bid for Pinterest

PayPal has offered $70 per share, mostly in stock, for Pinterest, one of the sources said.

Australia tables laws to allow switch to online AGMs permanently

A bill, which has been criticised by shareholder groups, was introduced in parliament on Wednesday.

Amazon, Ikea commit to using zero-carbon shipping fuels by 2040

With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's CO2 emissions.

Five U.S. lawmakers accuse Amazon of possibly lying to Congress

"Credible reporting" in several news outlets "directly contradicts the sworn testimony and representations of Amazon's t...

Hugo Boss raises 2021 outlook after strong third quarter

Renewed Covid-19 related restrictions, including temporary store closures, weighed on consumer sentiment in various key ...

Not so fast! Supply bottlenecks strain fashion chains

Shares in Asos fell 16 per cent on Monday after it warned annual profit could fall by more than 40 per cent this year.

Pinterest launches new ad features to drive shopping

The feature will make it easier for advertisers to have video ads, which can be time-consuming to produce.

Woolworths settles 2019 class action over underpaying staff

The total payment under the class action settlement will land at an estimated $50 million.

Wesfarmers moves to block Sigma’s offer for API

"Given Wesfarmers' commitment to progress its own proposal to acquire API, Wesfarmers does not intend to support or vote...

Facebook, Instagram appear to partly reconnect after nearly six-hour outage

Facebook's services have started coming back online nearly six hours into an outage that paralyzed the social media plat...

Colosseum kits and plastic flowers help Lego’s earnings double

Toymaker Lego doubled its earnings in the first six months of the year as customers flocked to its reopened stores to bu...

Luxury group Kering to ditch fur completely

The decision comes four years after its star label Gucci announced it would forego fur.