China regulator says livestreaming sales stars should speak Mandarin, dress well

Hosts in China’s livestreaming industry should speak Mandarin and dress appropriately when they market products online, the country’s commerce ministry said on Wednesday, as it looks to tighten its oversight of the sector. Livestreaming marketing has seen its popularity surge in the last two years among brands like L’Oreal, Nike, Dyson and online shoppers, and […]

Continue Reading

China’s Geely warns of chip shortage, but keeps annual vehicle sales target

China’s Geely Automobile Holdings Ltd (0175.HK) retained its annual sales target on Wednesday, betting that new vehicle launches will offset the short-term impact of a global chip shortage and a resurgence of the coronavirus pandemic. The company’s upbeat forecast and a strong first-half revenue growth helped send shares of the Hangzhou-based car maker up nearly […]

Continue Reading

UK regulator asked to sanction Carnival, Just Eat over climate disclosures

Britain’s markets regulator has been urged to sanction cruise ship company Carnival (CCL.L) and food delivery company Just Eat Takeaway.com for poor disclosures in a complaint seen by Reuters. Both companies have breached their legal obligations by failing to adequately tell investors the risk climate change poses to their businesses, legal NGO ClientEarth said. While […]

Continue Reading