Washington Post announces mass layoffs affecting one-third of staff, sparking concerns about newsroom sustainability and the future of journalism.
Rio Tinto and Glencore abandon $200–260B mega-merger over valuation and governance disputes, returning to independent strategies in the global mining sector.
Quiz enters administration for the third time, affecting over 100 jobs as the high-street retailer navigates changing consumer trends and economic pressures.
EV sales falter even as the overall new car market grows, reflecting slower adoption and challenges across the UK, Europe, and the U.S.
Indonesia says it remains on track to meet GDP and investment goals, as its new state investment body Danantara signals interest in working with Temasek and Khazanah.
Sheffield‑based PM Law collapsed abruptly, prompting an SRA investigation and intervention as staff are laid off and clients face uncertainty over ongoing legal matters.
UK borrowing costs rise amid investor concerns, reflecting both market pressures and questions about Keir Starmer’s leadership and the country’s economic trajectory.
Canada unveils a new automotive strategy to diversify markets, support domestic production, and reduce reliance on the U.S., with billions in incentives and a focus on EV growth.
The Bank of England holds UK interest rates at 3.75% in a narrow 5‑4 vote, balancing inflation, growth, and market expectations amid cautious optimism.
Amazon plans a $200 billion AI investment spree, sending shares down 10% as investors weigh long-term ambition against near-term profit concerns.
A tragic explosion at a mosque in Islamabad has resulted in multiple fatalities, according to local police. The incident has prompted widespread condemnation and raised concerns about security in the region.
Canada lost 25,000 jobs in January, yet unemployment fell to 6.5 percent as fewer people searched for work, reflecting a labor market adjusting rather than unraveling.
Canada lost 25,000 jobs in January, but the unemployment rate fell to 6.5%. This reflects a mix of labor force participation declines, economic resilience in key sectors, and demographic shifts.
Bitcoin has fallen to its lowest level since the Trump era, driven by global economic pressures, regulatory uncertainty, and changing market sentiment. The cryptocurrency’s future remains uncertain.
Stellantis recorded a €22 billion hit after overestimating the pace of EV adoption, highlighting how the industry’s electric transition is proving slower and less linear than expected.
Canadians are traveling less to the U.S. due to rising costs, political discomfort, and growing domestic travel options. The trend is reshaping how Canadians think about cross-border visits.
After years of stagnation, new signs — from improved output per hour to tech adoption — suggest Britain’s long-awaited productivity revival may be stirring, though challenges remain.
Bitcoin’s volatile plunge to ~$60,000 triggered widespread liquidations and chatter of hidden fund blowups, reflecting deeper structural stress and weaker risk sentiment across crypto markets.
The Washington Post, owned by Jeff Bezos, announced layoffs impacting about a third of its newsroom, significantly shrinking coverage across key sections amid broad restructuring.
Amazon’s stock fell as it unveiled plans to spend about $200 billion on AI infrastructure, boosting capital expenditure nearly 60% and rattling investors concerned about returns.
Malaysia will ensure imported cars, especially EVs, meet quality standards and add value to the local industry, rather than becoming a dumping ground for cheap vehicles.
Malaysia is reviewing whether to continue preferential withholding tax support for its now mature REIT sector, reflecting strong commercial growth and a shift in policy focus.
Malaysia’s Court of Appeal amended its order to clarify payment rules in the PETRONAS-Shell-Petros gas dispute, ensuring precise contractual obligations amid ongoing legal claims.
China has outlined a slightly lower GDP growth target, signaling confidence in steadier expansion and reducing expectations for broad stimulus measures.