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Demand drop leaves drinks makers with lake of unsold spirits

Groups are halting production and cutting prices to shift stock as sales declines accelerate in key markets...

6dFinancial TimeseconomicsImpact

Billionaires' wealth hits new peak amid rising poverty, Oxfam says

Billionaire wealth surged at three times ‍its recent pace ​last year to reach its highest level on record, deepening economic and political divides that threaten democratic ⁠stability, anti-poverty gr...

4dFrance 24economicsImpact

Bitcoin Advocates Press US Lawmakers on Stablecoin Tax Rules

The groups urged Congress to extend crypto tax relief beyond stablecoins, warning the current approach would not simplify everyday payments....

Jan 14DecryptcryptocurrencyImpact

Goldman Sachs breaks down what the doomsayers get wrong about the US economy in 8 charts

Arturo Holmes/Getty Images In 2026 outlook, Goldman Sachs says US economic and stock market risks are overstated. The firm underscored US strength and projects continued growth. US stocks are in good ...

Jan 14Business InsidereconomicsImpact

China-founded Shanda’s AI lab boosts Singapore operation, pulling research from China

Frontier research lab MiroMind, a subsidiary of the China-founded multinational firm Shanda Group, has asked some of its staff in Shanghai to relocate to Singapore, according to people with knowledge ...

2dSouth China Morning PostTechnologyImpact

Alibaba, JPMorgan said to invest in Chinese chip designer Montage’s Hong Kong listing

Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according to people familiar wi...

Jan 14South China Morning Posteconomics

Alibaba reaffirms open-source AI commitment as tech giant hails Qwen achievements

Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI service...

Jan 13South China Morning PostTechnology

What we know about who's buying TikTok's US business

Oracle's CTO Larry Ellison, TikTok's CEO Shou Chew, and Michael Dell. Andrew Harnik/Getty Images; Anna Moneymaker/Getty Images; Andrew Caballero-Reynolds/AFP via Getty Images TikTok's owner has closed...

16hBusiness InsiderPoliticsImpact

Are you a consultant? Tell us how you're using AI.

Getty Images; Alyssa Powell/BI AI is transforming consulting firms like McKinsey & Company and Boston Consulting Group. Firms now have dedicated staff members who build and test AI tools. Are you a co...

2dBusiness InsiderTechnologyImpact

The world's central bankers are rallying around Fed chair Jerome Powell in his fight with Trump

Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....

Jan 13Business InsiderPoliticsImpact

Thailand’s election turns into a cash splash contest to win votes

Thailand’s election season has triggered a dizzying array of cash giveaway offers from parties vying for votes, from a US$2,000 payment for newborns to debt write-offs and US$100 monthly top-ups for t...

Jan 13South China Morning PostPoliticsImpact

China’s rocket start-ups push the envelope as IPOs gather pace

China is moving forward with the initial public offering (IPO) plans of four private rocket makers this month, as Beijing pushes to build up its commercial space industry amid intensifying competition...

1dSouth China Morning PosteconomicsImpact

Ørsted up 5% as US judge clears restart of stalled US wind farm

Shares in the Danish energy firm rose about 5% after a federal court granted a preliminary injunction, allowing construction on the offshore wind project to resume....

Jan 13Euronewseconomics

Key EU-US trade deal in limbo amid tension as US threatens extra tariffs

"In politics as in business – a deal is a deal. And when friends shake hands, it must mean something.” Ursula von der Leyen's comments came amid growing tension between Europe and the US over Greenlan...

2dFrance 24PoliticsImpact

US regulator appeals Meta’s antitrust win

Federal Trade Commission’s move comes as Big Tech’s push to woo the White House has failed to put an end to monopoly cases...

3dFinancial TimesPoliticsImpact

Danish pension fund divesting US Treasuries

Article URL: https://www.reuters.com/business/danish-pension-fund-divest-its-us-treasuries-2026-01-20/ Comments URL: https://news.ycombinator.com/item?id=46692594 Points: 49 # Comments: 13...

3dHacker NewseconomicsImpact

Do you trust AI enough to stop saving for retirement?

The Tesla board has proposed a pay package for Elon Musk that could be worth up to $1 trillion. ALLISON ROBBERT/Getty Images; Getty Images; Tyler Le/BI This post originally appeared in the Business In...

Jan 16Business InsiderTechnologyImpact

From potential Treasury Secretary to a $5 billion lawsuit: Trump and Jamie Dimon's on-again, off-again relationship

A composite image of Jamie Dimon (left) and Donald Trump (right). Tom Williams/CQ-Roll Call, Inc via Getty Images and Harun Ozalp/Anadolu via Getty Images JPMorgan CEO Jamie Dimon and Donald Trump hav...

1dBusiness InsiderPoliticsImpact

Brazil and US eye rare earths deal

Abundant but largely untapped rare earth deposits could offer leverage as diplomatic ties improve...

6dFinancial TimesPoliticsImpact

Escaping the trap of US tech dependence

Article URL: https://disconnect.blog/escaping-the-trap-of-us-tech-dependence/ Comments URL: https://news.ycombinator.com/item?id=46659194 Points: 9 # Comments: 0...

6dHacker NewsPoliticsImpact
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