China plans space‑based AI data centres, challenging Musk’s SpaceX ambitions
SpaceX’s planned IPO expected to develop space AI data centre buildout China’s plans for space tourism signal a…
Investors punish Big Tech AI spending that delivers slower growth
Jan 29 (Reuters) – Investors responded to Big Tech earnings this week with a stark warning: they will…
First-class goods in second-tier cities as luxury goes local in China
Luxury spending in second-tier cities exceeding first-tier Middle-class looks to spend on luxury, save on living costs Gen…
Walmart boosts pharmacy pay, elevates 3,000 roles in healthcare push
Jan 28 (Reuters) – U.S. retailer Walmart (WMT.O), opens new tab on Wednesday said it has elevated 3,000…
BNY rejigs leadership to strengthen wealth management push
Jan 27 (Reuters) – BNY (BK.N), opens new tab has tasked insider Adam Vos to oversee the push…
Strong iPhone sales to power Apple’s holiday quarter, Google AI deal in focus
iPhone revenue expected to rise 13.6% in fiscal first quarter Apple leads global smartphone market with 20% share…
China passes steel output peak, developing Asia still climbing
LAUNCESTON, Australia, Jan 28 (Reuters) – It’s a fairly safe bet to say that China’s steel production has…
US calls Taiwan ‘vital partner’ after high-level tech and AI talks
Item 1 of 2 Taiwan’s Premier Cho Jung-tai speaks at a press conference about U.S.-Taiwan trade deal in…
US consumer confidence dives to a more than 11-1/2-year low
Consumer confidence sags to lowest level in more than 11-1/2 years Consumers’ perceptions of the labor market weakened…
EU’s answer to Starlink should start up in 2029, commissioner says
BRUSSELS, Jan 27 (Reuters) – The European Union’s multi-orbit array of 290 satellites known as IRIS2 should be…
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?…
America Inc’s productivity boom may be going global
ORLANDO, Florida, Jan 26 (Reuters) – The rumblings of a productivity boom are reverberating through the U.S. economy…