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Chinese shopping app Temu suspended in Vietnam: state media
Chinese shopping app Temu suspended in Vietnam: state media
Business and Economy
by  AFP

Chinese shopping app Temu has been forced to suspend its services in Vietnam after it failed to register with authorities, state media said on Thursday. Goods ordered on Temu were no longer being cleared through customs in Vietnam, state media reported, after the company missed an end-of-November deadline to register with the ministry of industry and trade.

OPEC+ expected to extend oil supply cuts
OPEC+ expected to extend oil supply cuts
Business and Economy
by  AFP

The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop in prices in a global market awash in crude. Analysts at DNB bank said "there is no room for additional OPEC+ oil in 2025" on the market and a boost in output would push down crude prices.