In a surprising turn of events, TikTok Shop has surpassed Tokopedia to become the second-largest e-commerce platform in Southeast Asia. This shift in ranking is a clear indication of the growing influence and popularity of TikTok Shop among consumers in the region. With its innovative approach to social commerce, TikTok Shop is quickly becoming a force to be reckoned with in the competitive e-commerce landscape of Southeast Asia.
Source link
Emergency law passed to force loss-making steel companies to keep operating
Emergency legislation was passed by the UK Parliament during a rare Saturday sitting, granting the government special powers to mandate that loss-making steel operations in England, particularly British Steel’s Scunthorpe works, remain operational or face criminal penalties for executives. This decision followed urgent discussions among Prime Minister Keir Starmer and cabinet ministers to avert the imminent collapse of the Scunthorpe steelworks, which risked shutting down its furnaces and resulting in significant job losses. Business Secretary...
Read more