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Beijing launches antitrust investigation into Trip.com ahead of Lunar New Year break

China has opened an antitrust investigation into Trip.com Group, the country’s largest online travel services provider, weeks before hundreds of millions of people on the mainland go away on holiday d...

Jan 14South China Morning PosteconomicsImpact

I left my job to run the family business. We generated $255 million in revenue last year, but I don't want my daughters to take over.

David Heacock left his job to run the family business. Courtesy of David Heacock David Heacock's grandfather founded a machinery business in Alabama. His dad told him not to work in the family busines...

2dBusiness InsidereconomicsImpact

From humanoid robots to agentic AI, I learned what retail insiders are buzzing about at a major industry conference

I went to NRF 2026. Jordan Hart/Business Insider AI dominated this week's discussions at Retail's Big Show, a leading industry conference. I attended for the first time and saw retail leaders showcase...

Jan 14Business InsiderTechnology

Ubisoft Layoffs Continue With 55 Staff at The Division Studio Massive and Ubisoft Stockholm Now Impacted

Ubisoft has today announced that it expects 55 jobs to impacted as part of further cost-cutting, now at The Division studio Massive and fellow Swedish outfit Ubisoft Stockholm. The likely job losses f...

Jan 13IGNeconomicsImpact

Take a look at the fanciest private jets and government aircraft that took the rich and powerful to Davos

Private jets and other VIP aircraft at Zurich Dübendorf Airport on Tuesday. ENNIO LEANZA / AFP Some of the world's fanciest aircraft descended on Switzerland this week. Business Insider tracked some o...

2dBusiness InsidereconomicsImpact

Gavin Newsom is heading to Davos with plans to call out Trump

California Gov. Gavin Newsom is headed to Davos. Justin Sullivan/Getty Images California Gov. Gavin Newsom plans to call out President Donald Trump at the World Economic Forum. Newsom has been a vocal...

Jan 16Business InsiderPoliticsImpact

The US ended 2025 with steady but elevated inflation in December

The Bureau of Labor Statistics published the December consumer price index data. Myung J. Chun/Los Angeles Times via Getty Images The inflation rate remained at 2.7% in December, matching expectations...

Jan 13Business InsidereconomicsImpact

'Europe can, too, weaponise the economy and the single market', expert says

Speaking with FRANCE 24's Mark Owen, Grégoire Roos, Director of Europe, Russia and Eurasia programme at Chatham House, says that there is a 'convergence in messaging to Donald Trump' among EU leaders,...

3dFrance 24PoliticsImpact

Chinese banks join the space race with satellite launches and rocket backing

Banks do not usually build space assets, but in China, lenders are increasingly leasing satellites, funding rocket firms and even launching spacecraft of their own. While banks elsewhere typically use...

4dSouth China Morning PosteconomicsImpact

China’s commercial space sector soars with 50 launches in 2025

China’s commercial space sector logged 50 launches last year – more than half of the country’s total – underscoring the growing role of private players alongside the state-led space programme, with Be...

6dSouth China Morning PostTechnologyImpact

Hong Kong needs to ask the hard questions about its net-zero challenge

Net-zero commitments are now commonplace across Hong Kong’s property sector. Many major developers have announced targets for 2030 and 2050, often framed around energy efficiency, renewable energy and...

Jan 16South China Morning PostenvironmentImpact

China’s EV makers face slowdown in export growth after doubling in 2025

China’s electric vehicle (EV) exports doubled in 2025 amid rising overseas demand for affordable cars and Beijing’s anti-involution campaign. The country – the world’s leading EV manufacturer – sold m...

Jan 14South China Morning PostautomotiveImpact

Zhipu AI breaks US chip reliance with first major model trained on Huawei stack

Chinese artificial intelligence firm Zhipu AI said its new image generation model was trained on chips from Huawei Technologies, making it the first powerful open-source model to be developed on an en...

Jan 14South China Morning PostTechnologyImpact

UBS conveys upbeat note on Chinese stocks in 2026 as global investors seek diversification

UBS Group conveyed a sanguine outlook on Chinese stocks in 2026, as the world’s second-largest economy proved to be an important alternative for global investors seeking to diversify away from US equi...

Jan 13South China Morning Posteconomics

Read Jerome Powell's letter to senators following his testimony about renovations to the Fed building

Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...

Jan 14Business InsiderPoliticsImpact

OpenAI is making more than $1 billion a month from something that has nothing to do with ChatGPT

Sam Altman says OpenAI's API business pulled in more than $1 billion in annual recurring revenue in the past month. Kyle Grillot/Bloomberg—Getty Images/Reuters OpenAI has made more than $1 billi...

3dBusiness InsiderTechnologyImpact

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

Jan 14South China Morning PosteconomicsImpact

Warren Buffett said he would have spent $100 billion without blinking — and cash is like 'oxygen' but 'not a good asset'

Warren Buffett is the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett didn't like Berkshire having so much cash and would have happily spent $100 billion. He compared cash to "oxygen"...

Jan 14Business InsidereconomicsImpact

China to set GDP growth range, providing policy flexibility in 2026: sources

China’s government is likely to set this year’s economic growth target in a range between 4.5 per cent and 5 per cent, according to three sources briefed on the matter. Such a target would indicate a ...

3dSouth China Morning PosteconomicsImpact

New Zealand central bank chief told to ‘stay in her lane’ after backing US Fed’s Powell

New Zealand Foreign Affairs Minister Winston Peters rebuked the country’s new Reserve Bank governor, Anna Breman, for wading into US domestic politics after she signed a statement with other global ce...

Jan 14South China Morning PostPoliticsImpact
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