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Dec 23WiredeconomicsImpact
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📋 Key Facts ✓ 74% increase in foreign takeovers of British companies in 2025 ✓ Record-breaking year for international acquisitions in U...
German Defence Minister Boris Pistorius is investing billions in European and international systems, from Czech pistols to US fighter jets. Why are those weapons not being purchased from German manufa...
📋 Key Facts ✓ The US wants to sell GM soya and corn to India. ✓ Indian farmers are wary of GM soya and corn. ✓ ...
📋 Key Facts ✓ Hanwha Ocean shares jumped 10% following the announcement. ✓ Trump stated that the South Korean firm will build frigates ...
Japan’s economy is likely to fall behind India’s in 2026 to fifth place in the world, according to an International Monetary Fund’s estimate, potentially diminishing the East Asian nation’s presence o...
Australia’s government is “disappointed” with China’s decision to impose new beef import tariffs, with one industry group warning the move could damage trade worth over A$1 billion (US$667 million) be...
Crumpled up losing lottery tickets sit in a wastebasket at a liquor store in California. The Powerball jackpot has surpassed $1 billion. The next drawing is on Monday. Juliana Yamada/Los Angeles Times...
Blackstone is acquiring Hamilton Island, a vacation destination near the Great Barrier Reef. Steve Christo - Corbis/Corbis via Getty Images Blackstone is acquiring Hamilton Island, a resort destinatio...
Mehdi Paryavi, CEO of the International Data Center Authority, says overusing AI may make workers look more productive while quietly eroding the confidence and thinking skills their careers depend on....
US President Donald Trump signed an executive order that imposed a $100,000 fee on H-1B visas Demetrius Freeman/The Washington Post via Getty Images Companies are revising their H-1B strategies after ...
Sprinkles Cupcakes is closing, the bakery's founder said. Gado/Getty Images Sprinkles Cupcakes is closing, cofounder Candace Nelson said on Wednesday. Nelson sold Sprinkles to private-equity firm Karp...
Tiffany Chng and Olivia Yiong, the founders of Cheak, started off as work besties in a previous corporate job. Aditi Bharade Tiffany Chng and Olivia Yiong were work besties at GuavaPass, a company bou...
📋 Key Facts ✓ Bourbon maker Jim Beam halts production at its main distillery for a year ✓ US distillers face uncertainty after Presiden...
An Uber logo is shown on a rideshare vehicle during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers "basic employee rights'', ...
An image of the T1 phone from Trump Mobile TrumpMobile.com The Trump phone was announced in June and originally set to be released in August. Now, the company's customer service says the phone won't b...
Thailand is one of the countries with an expected tourist tax increase in 2026. Planet One Images/Universal Images Group via Getty Images Several destinations plan to raise or introduce tourism taxes ...
Investors trading commodities, such as oil, have been in high demand. Jeri Clausing/AP Hedge funds that trade commodities struggled in 2025. Big-name managers with exposure to energy or agriculture tr...
Brands including Chili's, Starbucks, and Cracker Barrel have undergone revitalization efforts this year. Getty Images; Tyler Le/BI Many major restaurant chains have been undergoing revitalization and ...
Duolingo shuts down for two weeks every winter, and its CEO says the cost is worth it for real rest. Kevin Dietsch/Getty Images Duolingo gives its staff two weeks off over the holidays, allowing emplo...