The European Consumer Organisation (BEUC) has filed a formal complaint with EU authorities against Chinese fast fashion giant Shein, alleging that the company uses a series of manipulative digital marketing techniques of “dark” practices to influence consumer behaviour.The complaint, backed by 21 national watchdogs, claims these practices encourage overconsumption, mislead…

Laopu Gold Co.’s extraordinary stock surge is facing a test of durability. After soaring more than 2,300% since its June 2024 debut, the jewellery maker’s shares crossed the HK$1,000 mark — a rare feat that has now introduced a different kind of challenge: access.Despite the surge making Laopu the most…

European stock markets commenced Thursday’s trading session with a cautiously optimistic tone, as major indices posted slight gains. Investor attention is squarely focused on the European Central Bank (ECB), which is widely anticipated to announce an interest rate cut later today, a move markets have been pricing in amidst a…

In May, India witnessed its most significant drop in coal-fired electricity production in half a decade. This decline coincided with the first decrease in total power demand since August and a record surge in renewable energy output, according to a Reuters analysis, which quoted official data.Federal power grid regulator, Grid India’s…

Wise share price continued its strong rally this week after the company published strong financial results. It also jumped after announcing a major strategy shift that will see it change its primary listing from London to the US. Its stock jumped for nine consecutive weeks and is up by over…

Asian equities closed mixed on Thursday as investors assessed weaker-than-expected US economic reports and awaited Friday’s closely watched non-farm payrolls data for further direction.Hong Kong stocks lead gains Hong Kong stocks rose for a third consecutive session, marking the longest winning streak in nearly a month, as fresh data signaled…

Procter & Gamble (P&G), one of the world’s largest consumer goods companies, has announced it will eliminate 7,000 jobs over the next two years, accounting for around 6% of its global workforce. The job cuts represent 15% of its non-manufacturing headcount and form part of a broader cost-reduction strategy aimed…

Top crypto projects seem to reposition themselves as the market consolidates before a potential bull run.The Arbitrum team is turning to on-chain automation and artificial intelligence amid efforts to rescue ARB from its underperformance, which saw 100% of ARB holders at a loss in March 2025.According to the latest announcement,…

Ripple has released 1 billion XRP tokens from its escrow accounts this month, marking the continuation of a distribution mechanism that has been in place since 2017. Although the total value of this latest release exceeds $2.18 billion, only 330 million XRP have entered circulation.The remainder—670 million tokens—were locked back…