iRobot Bankruptcy Reveals Chinese Fast Follower Threat
📋 Key Facts ✓ iRobot filed for Chapter 11 bankruptcy on December 14 and will be acquired by Picea Robotics. ✓ Founded in 1990 by Colin ...
Dec 21Business InsidereconomicsImpact
📋 Key Facts ✓ iRobot filed for Chapter 11 bankruptcy on December 14 and will be acquired by Picea Robotics. ✓ Founded in 1990 by Colin ...
📋 Key Facts ✓ The Interior Department ordered the pause of five wind power projects in the Atlantic. ✓ One project provided cheap elect...
📋 Key Facts ✓ Bourbon maker Jim Beam halts production at its main distillery for a year ✓ US distillers face uncertainty after Presiden...
📋 Key Facts ✓ AI was behind over 50,000 layoffs in 2025. ✓ World's biggest tech companies cited AI in layoff strategies. ...
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...
The fascination with cryptocurrencies shows no sign of fading. With the passage of the Guiding and Establishing National Innovation for US Stablecoins (Genius) Act in July, US lawmakers added to the s...
As 2025 draws to a close, Wall Street’s love affair with Chinese equities is in full swing. While the relationship between global investors and China has been a rocky one, market sentiment is now abou...
📋 Key Facts ✓ Argentina’s libertarian leader Javier Milei seeks tax and labour overhaul after midterm victory ✓ Milei’s ‘chainsaw’ mini...
At the end of 2025, many Iranian merchants closed their shops to protest rampant inflation. At the start of 2026, the government faces further fallout from sanctions, economic crisis and environmental...
China’s yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets the central bank will allow a gradual appreciation to boost market confidence....
📋 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 ...
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...
Tourists planning to spend Christmas in Hong Kong have fuelled a surge in guest house bookings since October, driving occupancy and room rates to their strongest levels in five years. But those arrivi...
SoftBank Group Chairman and CEO Masayoshi Son delivers a speech during the annual general shareholders' meeting in Tokyo on June 27, 2025. KAZUHIRO NOGI/AFP via Getty Images SoftBank is acquiring data...
📋 Key Facts ✓ The year 2025 is summarized as 'AI bubble' in technology and economics ✓ High priests of Silicon Valley are ackno...
Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer, has priced the next batch of units on offer at its massive Sierra Sea residential project about 5 per cent higher than previous phases, s...
📋 Key Facts ✓ The Trump administration paused wind projects including Coastal Virginia Offshore Wind. ✓ Interior Secretary Doug Burgum ...
📋 Key Facts ✓ Arthur Hayes is the co-founder of BitMex. ✓ He thinks Bitcoin will range until the end of the year. ✓ ...
Ollie's Bargain Outlet plans to more than double its store count in the coming years. Paul Weaver/SOPA Images/LightRocket via Getty Images Ollie's Bargain Outlet was a top destination for last-minute ...