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Musk says will spend 'a lot less' on political campaigns
Musk says will spend 'a lot less' on political campaigns
by  AFP

Billionaire Elon Musk on Tuesday said he was pulling away from spending his fortune on politics, asserting that his Tesla electric car company was doing well despite blowback due to his support of US President Donald Trump. Tesla, which is the major source of Musk's wealth, has suffered significant brand damage due to his political work, particularly with Trump.

Adidas, Puma family feud to be turned into TV series
Adidas, Puma family feud to be turned into TV series
by  AFP

The bitter brotherly feud that sparked the creation of sports-shoe brands Adidas and Puma in the same small German town in the 1940s is to be turned into a television series with the help of family archives, its producers announced Sunday. Hollywood-based film producer No Fat Ego is backing the project, which has the blessing of the family behind the Adidas empire founded by Adolf "Adi" Dassler.

Indonesian gig drivers protest demanding lower app fees
Indonesian gig drivers protest demanding lower app fees
by  AFP

Thousands of drivers from ride-hailing and food delivery apps protested in Indonesia on Tuesday, demanding a 10-percent cap on commission fees. Thousands more in Indonesia's second-largest city of Surabaya drove to the offices of ride-hailing apps GoJek and Grab, before rallying in front of the governor's office, an AFP journalist saw.

Asian markets rebound to track Wall St up as China cuts rates
Asian markets rebound to track Wall St up as China cuts rates
by  AFP

Asian markets rose Tuesday as investor sentiment returned following the previous day's US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic lows. Both rates were last cut in October to what were then record lows.