Companies

US alumina giant Alcoa says it will close a 60-year-old refinery south of Perth, where hundreds of workers are expected to lose their jobs.

Alcoa is preparing to announce that production will be curtailed at one of its three WA refineries as the top US aluminium producer begins to reckon with cost-cutting measures.

Temu, the fast-growing Chinese e-commerce platform selling super cheap products, is successfully taking on U.S. dollar stores including industry leaders.

A former Facebook global diversity strategist stole more than $4 million from the social media giant ‘to fund a lavish lifestyle’ in California and Georgia, federal prosecutors said.

Temu has filed a new lawsuit against rival Shein just weeks after both parties decided to drop their previous lawsuits against each other over copyright and antitrust concerns.