Core Insights - JD.com, one of China's largest e-commerce firms, has committed 22 billion yuan ($3.12 billion) in housing support for its couriers, highlighting the intensifying competition in the instant retail market [1] Company Summary - JD.com is taking significant steps to support its workforce, particularly couriers, by pledging substantial financial resources for housing [1] Industry Summary - The instant retail market in China is becoming increasingly competitive, prompting major players like JD.com to enhance support for their delivery personnel to maintain operational efficiency and workforce satisfaction [1]

Core Viewpoint - Oil prices increased on Friday due to heightened supply concerns stemming from the potential U.S. interception of more Venezuelan oil tankers, although they are still projected to decline for the week amid optimism regarding a possible peace agreement between Russia and Ukraine [1] Group 1 - Oil prices rose on Friday as supply concerns intensified [1] - The increase in oil prices is linked to the U.S. potentially intercepting more Venezuelan oil tankers [1] - Despite the rise on Friday, oil prices are on track for a weekly decline [1] Group 2 - There is growing optimism about a possible peace agreement between Russia and Ukraine, which is influencing market sentiment [1]

Australian lender ANZ Group said on Friday it would defend legal action taken against the bank by former CEO Shayne Elliott after he was stripped of A$13.5 million ($9 million) of bonuses. ...

Automated digital wealth management firm Wealthfront priced its initial public offering at $14 per share, raising $485 million, The Information reported on Thursday. ...

Tired of being driven around in Soviet-built sedans in the 1950s, Chinese leader Mao Zedong wanted China, a rising power globally, to have its own state limousine and commissioned a locally produced car. ...

Core Point - Reddit has filed a lawsuit in Australia's top court to challenge the country's social media ban and seeks to overturn its inclusion in the law [1] Group 1 - The lawsuit represents Reddit's legal action against the Australian government's social media regulations [1] - The company aims to contest the implications of the law on its operations within Australia [1]

Bank of America has promoted 394 executives to managing directors from January 1, up 2% from a year earlier, a source with knowledge of the matter said. ...

Costco Wholesale beat Wall Street estimates for first-quarter revenue on Thursday, on the back of resilient demand from consumers across income groups amid rising economic uncertainty. ...

Broadcom on Thursday projected first-quarter revenue above Wall Street estimates, betting that sustained, robust demand for its specialized artificial intelligence chips would power another year of gr... ...

Lululemon Athletica said that CEO Calvin McDonald was leaving the company without a replacement and raised its annual profit forecast, sending shares up about 10% in extended trade on Thursday. ...