Tesla recalls 435,000 cars in China over rear light issue and will issue software update
A total of 142,277 Tesla Model 3 and 292,855 Model Y vehicles could be affected by the issue in which a software defect stops the rear lights from illuminating.
Russian oil sanctions are about to kick in. And they could disrupt markets in a big way
Upcoming sanctions on Russian oil are set to be “really disruptive” for energy markets if European nations fail to set a cap on prices, analysts warned.
South Africa President Ramaphosa is facing the threat of impeachment over ‘Farmgate’ scandal
South African President Cyril Ramaphosa could face impeachment after an independent panel found that he may have violated anti-corruption law.
China signals slight Covid policy easing — but don’t expect sweeping changes yet
A trickle of changes around China’s Covid controls in the last day is raising hopes that broader relaxation is on the way.
India may become the third largest economy by 2030, overtaking Japan and Germany
India is set to overtake Japan and Germany to become the world’s third-largest economy, according to S&P Global and Morgan Stanley.
UK banks told to break ‘class ceiling’ with new targets to boost diversity among senior hires
The U.K.’s financial services sector must do more to “break the ‘class’ ceiling,” according to a government-backed task force.
Fed hikes and a stronger dollar are fueling risks of political instability in Africa
The Fed’s policy tightening and a strengthening dollar are having a knock-on effect on African nations’ balance sheets and public debt burdens.
Indonesia inflation eased further in November but stays above target
Indonesia’s inflation eased in November but stayed above the central bank’s target range for the sixth consecutive month.
China tech stocks have ‘a lot of upside’ and peak regulation is over, fund management firm says
The Chinese government is unlikely to introduce new regulations for the internet tech sector, according to Jonathan Krane of KraneShares.
From ‘antiwork’ to ‘act your wage’ — more disgruntled workers flocked to Reddit in 2022
The top trending keywords among work-related subreddits or communities in 2022 include “antiwork,” “act your wage” and “quiet quitting,” Reddit says.
