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…
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…
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…
Russian Oscar hopeful believes in the power of animation
Item 1 of 4 Russian director Konstantin Bronzit, whose animated short film “The Three Sisters” has been nominated…
Exclusive: Meta’s new AI team delivered first key models internally this month, CTO says
Meta Superintelligence Labs team was formed last year CTO says new models ‘very good’ Company had faced criticism…
Canadian housing starts rose 5.6% in 2025 as December beats expectations
TORONTO, Jan 16 (Reuters) – Canadian housing starts rose 5.6% in 2025 to 259,028 units as starts increased…
Nigeria grants satellite permits to BeetleSat, Satelio and Amazon’s Kuiper
ABUJA, Jan 16 (Reuters) – Nigeria has issued seven-year satellite permits to Amazon’s (AMZN.O), opens new tab Kuiper…
Strong US retail sales in November showcase economy’s resilience
Retail sales increase 0.6% in November Core retail sales advance 0.4% Producer prices rise 0.2% in November after…
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)…
China’s 2025 Canadian trade slump to remind visiting Carney of economic stakes
Item 1 of 4 Canada’s Prime Minister Mark Carney inspects the honour guard upon his arrival at Beijing…
India’s smartphone security proposal faces backlash over privacy concerns
IT ministry cancels scheduled meeting with tech giants, sources say Internet rights group IFF says it is worried…