Bloomberg Mercedes-Benz removed a video advertisement from a Chinese social media website, after the clip got swept up in a charged national debate over depictions of Asian-looking features by foreign companies. The video was posted on Mercedes-Benz’s official Weibo account and later removed due to public backlash, the Communist Party’s Global Times newspaper said. “The makeup of the female …

  Bloomberg It’s been a bright spot for a New York office market that has been hit hard by the pandemic: Technology companies have continued to sign leases in Manhattan even as employees work remotely. That includes Meta Platforms Inc, formerly known as Facebook, which is betting on offices despite the disruptions caused by the pandemic. While many companies have …

  Bloomberg Tesla Inc raised the prices of two Shanghai-made models for the second time in just over a month amid soaring Chinese demand, the South China Morning Post reported. The carmaker announced on Friday a 3.9% increase in the price of its entry-level Model 3 to 265,652 yuan ($41,795) after subsidies, the paper said. The basic edition of the …