https://www.scmp.com/rss/523906/feed The latest news and top stories on Target. A Minneapolis, Minnesota-based entity in the retail corporation sector, Target specialises in household essentials, electronics, apparel, beauty items and groceries. It primarily serves middle-class families and value-conscious consumers and is known for being the seventh-largest retailer in the US. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Sylvia Ma Sylvia Ma Oil prices have surged amid the US-Israel conflict with Iran, with attacks having disrupted shipping through the Strait of Hormuz – a critical chokepoint that roughly one-fifth of the world’s daily oil consumption moves through. With memories of 1970s stagflation still lingering, many are asking whether this is the start of another major oil crisis. Below is a concise look at prior shocks and what history suggests today. What happened during the 1970s oil shocks The first oil crisis in 1973-74... https://www.scmp.com/economy/global-economy/article/3348425/how-hormuz-attacks-stoke-oil-shock-fears-and-memories-1970s-stagflation?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3348425/how-hormuz-attacks-stoke-oil-shock-fears-and-memories-1970s-stagflation?utm_source=rss_feed Mon, 30 Mar 2026 12:30:14 +0000 Associated Press Associated Press No longer confined to the partisans and activists, the fierce backlash against Donald Trump’s immigration crackdown has begun to break out across American culture, spanning the worlds of business, sports and entertainment. Bruce Springsteen released a new song on Wednesday that slammed “Trump’s federal thugs”. OpenAI chief executive Sam Altman told employees that “what’s happening with ICE is going too far”, referring to Immigration and Customs Enforcement. And lifestyle icon Martha Stewart... https://www.scmp.com/news/world/united-states-canada/article/3341657/ice-cracks-down-some-americas-biggest-names-are-speaking-out?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3341657/ice-cracks-down-some-americas-biggest-names-are-speaking-out?utm_source=rss_feed Thu, 29 Jan 2026 07:02:38 +0000 Agence France-Presse Agence France-Presse Mattel is introducing an autistic Barbie on Monday as the newest member of its line intended to celebrate diversity, joining a collection that already includes Barbies with Down syndrome, a blind Barbie, a Barbie and a Ken with vitiligo, and other models the toymaker added to make its fashion dolls more inclusive. Mattel said it developed the autistic doll over more than 18 months in partnership with the Autistic Self Advocacy Network, a charity that advocates for the rights and better media... https://www.scmp.com/news/world/united-states-canada/article/3339652/mattel-adds-autistic-barbie-doll-line-devoted-showcasing-diversity-and-inclusion?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3339652/mattel-adds-autistic-barbie-doll-line-devoted-showcasing-diversity-and-inclusion?utm_source=rss_feed Mon, 12 Jan 2026 20:58:46 +0000 Reuters Reuters More than 70 schools in Australia and New Zealand were closed on Monday for cleaning after asbestos was discovered in widely used children’s play sand products. Recalls have been issued for several colourful play sand products after laboratory testing detected traces of tremolite and chrysotile asbestos. A number of schools and preschools in the Australian Capital Territory (ACT) and one in Brisbane shut on Friday after the Australian Competition and Consumer Commission (ACCC) issued a national... https://www.scmp.com/news/asia/australasia/article/3333028/over-70-schools-shut-australia-new-zealand-over-asbestos-play-sand?utm_source=rss_feed https://www.scmp.com/news/asia/australasia/article/3333028/over-70-schools-shut-australia-new-zealand-over-asbestos-play-sand?utm_source=rss_feed Mon, 17 Nov 2025 02:32:29 +0000 Reuters Reuters Companies around the globe have ramped up job cuts, with blue-chip firms from Amazon.com to Nestlé and UPS reining in spending, while consumer sentiment dims and artificial intelligence-focused tech companies start to replace business roles with automation. According to a Reuters tally, American companies have announced more than 25,000 job cuts this month, not including UPS’ 48,000 figure, which dates from the beginning of 2025. In Europe, the total tops 20,000, with Nestlé accounting for the... https://www.scmp.com/business/companies/article/3330742/global-companies-ratchet-job-cuts-amid-weak-sentiment-ai-push?utm_source=rss_feed https://www.scmp.com/business/companies/article/3330742/global-companies-ratchet-job-cuts-amid-weak-sentiment-ai-push?utm_source=rss_feed Wed, 29 Oct 2025 06:51:28 +0000 CNA CNA Singapore handbag brand Aupen and its founder Nicholas Tan have been issued correction directions under the Protection from Online Falsehoods and Manipulation Act (POFMA) for allegations made about Singapore’s intellectual property authority. Tan published multiple allegations about the Intellectual Property Office of Singapore (IPOS) on his Instagram account on September 9, 15 and 16. The September 15 post was also published on Aupen’s Instagram page. These Instagram posts and stories contained... https://www.scmp.com/news/asia/southeast-asia/article/3326352/singapore-founder-taylor-swifts-favourite-aupen-bags-slammed-false-claims?utm_source=rss_feed https://www.scmp.com/news/asia/southeast-asia/article/3326352/singapore-founder-taylor-swifts-favourite-aupen-bags-slammed-false-claims?utm_source=rss_feed Mon, 22 Sep 2025 05:10:14 +0000 Associated Press Associated Press A gunman opened fire on Monday in the car park of a Target store in Texas’ capital, killing at least three people, before stealing two cars during a getaway that ended with police using a Taser to detain him on the other side of the city, authorities said. Austin Police Chief Lisa Davis said the suspect is a man in his 30s with “a mental health history”. Davis said the suspect fled the scene in a stolen car, wrecked that car and then stole another from a dealership. He was captured about 32km... https://www.scmp.com/news/world/united-states-canada/article/3321506/3-dead-shooting-target-department-store-texas-suspect-arrested?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3321506/3-dead-shooting-target-department-store-texas-suspect-arrested?utm_source=rss_feed Mon, 11 Aug 2025 21:48:04 +0000 Luna Sun Luna Sun Ahead of Amazon’s annual Prime Day sales event, Chinese sellers are already walking a tightrope as they try to strike a balance between staying competitive and adjusting to Washington’s tariffs. Gloria Gu, an Amazon seller based in Zhejiang province, said her outlook for this year’s summer event – extended this year to a record four days, July 8-11 – was “not optimistic”. Her company mainly sells household consumables – low-margin products that are highly price-sensitive. “Depending on the item,... https://www.scmp.com/economy/global-economy/article/3316673/chinese-sellers-bracing-amazon-prime-day-sale-could-put-weight-us-tariffs-display?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3316673/chinese-sellers-bracing-amazon-prime-day-sale-could-put-weight-us-tariffs-display?utm_source=rss_feed Wed, 02 Jul 2025 14:00:08 +0000