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Amazon is not happy with Saks

Amazon is putting up a fight over Saks Global's bankruptcy financing plan. Scott Olson/Getty Images; Matthias Balk/picture alliance via Getty Images Amazon is pushing back against Saks Global's bankru...

5dBusiness InsidereconomicsImpact

China’s central bank sets onshore yuan fixing at strongest point in nearly 16 months

China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strengt...

Jan 13South China Morning PosteconomicsImpact

Meta confirms Reality Labs layoffs and shifts to invest more in wearables

Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...

Jan 13The VergeTechnologyImpact

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...

10hSouth China Morning PostTechnologyImpact

Can the US afford Trump’s $1.5 trillion ‘dream military’?

Donald Trump plans to boost US military spending to $1.5 trillion in 2027. His plan to pay for it does not add up....

3dAl JazeeraPoliticsImpact

Crypto Whales Accumulate as Retail Pulls Back

On-chain data show whales accumulating ETH, LINK, and BTC as retail selling pressure persists, highlighting a market divergence....

13hDecryptcryptocurrencyImpact

Powell sent senators details on $2.5bn Fed project following testimony

Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...

Jan 13Financial TimesPoliticsImpact

Get ready to enter a bidding war in these 10 housing markets this year

The Northeast made up more than half of the top 10 hottest metros for 2026. Bruce Peter Morin/Getty Images Zillow predicts Northeast metros will lead the hottest housing markets in 2026. Coastal citie...

1dBusiness Insiderreal_estateImpact

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...

6dSouth China Morning PostPoliticsImpact

Elon Musk wants to dominate the in-flight internet market. Here are all the airlines that now offer Starlink WiFi.

British Airways announced a deal with Starlink in November. Courtesy of British Airways Lufthansa is the latest airline to sign up for Elon Musk's Starlink WiFi. 31 carriers have announced deals for t...

6dBusiness InsiderTechnology

Saudi banks borrow abroad at fastest ever pace

Lenders rebalance books as tight liquidity from kingdom’s megaprojects forces them to look overseas for funding...

18hFinancial TimeseconomicsImpact

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...

6dBusiness InsiderPoliticsImpact

Asus now claims it’s not dropping the RTX 5070 Ti amid memory shortages

The GPU market is turning into a mess again. Asus told Hardware Unboxed earlier this week that it was winding down production of its RTX 5070 Ti, but the PC maker is now walking back that claim and bl...

4dThe VergeTechnologyImpact

EU-Latin America trade deal: Who wins?

The EU and the Mercosur trading bloc of five Latin American nations seal a sweeping trade pact....

5dAl JazeeraPoliticsImpact

Tesla's EV market share soars in the US as rivals struggle without government help

The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021. Rebecca Cook/REUTER...

Jan 13Business InsidereconomicsImpact

World central banks rally behind Powell, stress Fed independence

Crypto experts say political pressure on the US Federal Reserve could drive volatility but also shift flows toward Bitcoin and gold in the long run....

Jan 13CoinTelegrapheconomicsImpact

Governing with foresight: Designing institutions for the next decades

As the World Economic Forum once again brings state and corporate leaders together in Davos, Euronews will moderate a panel discussion organised by the National Planning Council at the Qatar Pavilion....

4dEuronewsPoliticsImpact

Student-loan borrowers behind on payments now have more time to figure out a plan — and protect their tax refunds

Some student-loan borrowers are at risk of having their tax refunds seized this year. Allison Robbert/For The Washington Post via Getty Images The Education Department temporarily paused seizure of ta...

2dBusiness InsidereconomicsImpact

Jamie Dimon defends JPMorgan's tech spending to avoid getting 'left behind'

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...

Jan 13Business InsidereconomicsImpact

Solana ETFs Draw in $23.6M, Hitting a Four-Week High

U.S. spot Solana ETFs notched their highest netflow in four weeks, but experts say it’s not enough to warrant a trend shift....

5dDecryptcryptocurrency
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