UPS to eliminate 30,000 more jobs as Amazon volume cuts accelerate; shares rise
UPS continues to shed low-margin Amazon delivery volumePlans to reduce 30,000 jobs in 2026 through attrition and driver…
China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
Samsung to start production of HBM4 chips next month for Nvidia supply, source says
SEOUL, Jan 26 (Reuters) – Samsung Electronics (005930.KS), opens new tab plans to start production of its next-generation…
‘Jobs, jobs, jobs’ the AI mantra in Davos as fears take back seat
Executives optimistic on AI despite fears of bubble, job lossesCisco projects completed faster with AI, says its presidentBill…
Major Australian pension fund trimming US dollar exposure on weakening outlook
ART increases hedging to reduce exposure to weakening US dollarUS dollar expected to weaken due to interest rate…
eBay unveils first climate plan, targets net-zero by 2045
LONDON, Jan 14 (Reuters) – E-commerce company eBay (EBAY.O), opens new tab unveiled its first climate transition plan…
Iran protests abate after deadly crackdown, residents and rights group say
US threats of intervention recede after Iran crackdown easesHeavy security presence reported in Tehran and other citiesSporadic unrest…
Asia shares rise on AI optimism, receding Fed cut bets lift dollar
Asia shares upbeat on renewed AI optimismGeopolitics loom large, Trump adopts wait-and-see posture on IranDollar gains as traders…
Iran warns of retaliation if Trump strikes, US withdraws some personnel from bases
‘All the signals are that a US attack is imminent,’ Western military official saysTrump says he believes the…
Trump imposes 25% tariff on imports of some AI chips
Tariff aims to boost U.S. semiconductor productionTariff excludes chips for U.S. data centers and startups, consumer applicationsFuture broader…
Global grain traders’ green pledges face skepticism as deal to protect Brazil’s rainforest unravels
Item 1 of 2 A drone views shows fallen trees in a secondary forest where farmers (not pictured)…
Exclusive: Pakistan to partner with affiliate of Trump family’s World Liberty Financial on USD1 stablecoin
Pakistan signs deal with World Liberty affiliate SC Financial TechnologiesDeal will explore ’emerging digital payment architecture’World Liberty CEO…