Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy
The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection,...
Three reasons why UBS downgraded the US tech sector for 2026
The US tech sector hit a speed bump this week as UBS experts lowered their view from “attractive” to “neutral”.While...
Morning brief: Asia stocks rise, xAI cofounders exit, House tariffs vote looms
Global markets and corporate developments offered a mixed picture on Wednesday as investors balanced resilient Asian equities against political tensions...
Experts see more upside for gold, silver due to weak data and falling yields
Gold and silver prices increased on Wednesday as US Treasury bond yields dropped after the release of data showing that...
US credit card debt hits record high as household borrowing climbs
American consumers ended the year with a new record in credit card borrowing, as balances rose sharply in the final...
Heineken to cut thousands of jobs as beer demand slows and growth cools
Heineken has announced plans to cut up to 6,000 jobs globally as part of a new cost and productivity drive,...
Landmark trial accusing social media companies of addicting children to their platforms begins
LOS ANGELES — The world’s biggest social media companies face several landmark trials this year that seek to hold them...
KOSPI Index rallies and gets overbought as the AI boom gains steam
The KOSPI Composite Index continued its strong bull run after crossing the key milestone at KRW 5,000. It jumped to...
Gold lowers on easing tensions, but rate cut bets, China demand provide floor
Gold prices drifted lower in Asian trade on Tuesday, snapping a two-day positive streak for the precious metal. Experts believe that...
Morning Brief: Asian stocks rise after Japan election, BYD sues over tariffs
Global markets and corporate developments delivered a mixed set of signals on Tuesday, as investors weighed political shifts in Asia,...
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