Latest from Banking and finance

Why Alibaba will struggle to knock Temu off e-commerce top spot

Financial Times: Alibaba had been the uncontested leader for almost a decade.

Exxon chief earns four times as much as bosses at Shell and BP

Financial Times: The $61.4m packet underlines vast disparity between European and US pay.

Taylor Swift’s return to TikTok puts her at odds with Universal

Financial Times: Universal Music went to war with TikTok over a royalties dispute.

Contested decision as ECB holds interest rates at 4%

Financial Times: Some policymakers backed cut at latest meeting.

Record cocoa prices leave a bitter aftertaste for chocolatiers

Financial Times: Investors inevitably worry that consumers will buy less.

Wall Street turns to ‘solar grazing’ sheep in push to go green

Financial Times: Big business teams up with farmers to trim around solar panels.

Opinion: Do kids really need to do homework?

Financial Times opinion: Poland's decision to ban it has fuelled a culture war.

Martin Wolf: The tree of debt must stop growing

Financial Times: Large-scale government borrowing is looking more and more problematic.

Will the oil price rally continue?

Financial Times: Traders are asking how much further oil can rally.

Food inflation across rich nations drops to pre-Ukraine war levels

Financial Times: Inflation across industrialised nations down to 5.3% in February - OECD.

NZ Post, Westpac warn of text message phishing scam

Parcel delivery scam sent from email addresses to New Zealand phone numbers.

Aukus weighs expanding security pact to deter China in Indo-Pacific

Financial Times: Allies to announce talks White House hopes will lead to Japan joining.

Ant Group embarks on global expansion without Jack Ma

Financial Times: After years of lying low, Ant is embarking on a global expansion drive.

Tesla scouts sites for US$3 billion India car plant in boost for Modi

Financial Times: Proposed investment by Elon Musk’s company comes ahead of elections.

Bermuda-based firm bids for second bite of NZ life insurance pie

Will the Reserve Bank and ComCom approve the sale of Asteron Life?

NZ faces $1 trillion bill for infrastructure, say ASB economists

The country’s population could be up to two million people higher in 30 years' time.