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Tuesday, 29 April 2025

Temu adds "import charges" of between 130% and 150% "due to recent changes in global trade rules and tariffs"; Shein also hikes prices but without explicit fees (CNBC)

CNBC:
Temu adds “import charges” of between 130% and 150% “due to recent changes in global trade rules and tariffs”; Shein also hikes prices but without explicit fees  —  Chinese e-tailer Temu has started adding “import charges” of about 145% in response to President Donald Trump's tariffs.



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...