ByteDance Plans $23B AI Spending to Match US Rivals
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
Dec 23Financial TimesTechnology
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
Decision marks Washington’s latest move to increase pressure on Maduro regime in Caracas...
Policymakers sparred over decision to cut interest rates earlier in December...
The proposed TAO investment vehicle, one of the first exchange-traded products that could be available to US markets, is expected to be listed on NYSE Arca following approval....
BlackRock has further separated itself from competitors in the crypto ETF market in 2025, with its Bitcoin and Ether funds, IBIT and ETHA, accounting for the majority of net inflows....
Bitwise is seeking SEC approval for 11 single‑token “strategy” ETFs tied to major altcoins, expanding its product shelf deeper into the altcoin market....
Chinese AI advances and the effects of Donald Trump’s trade war have boosted markets outside the US...
📋 Key Facts ✓ The US wants to sell GM soya and corn to India. ✓ Indian farmers are wary of GM soya and corn. ✓ ...
Chinese rocket maker LandSpace aims to raise 7.5 billion yuan (US$1 billion) from an initial public offering (IPO) in Shanghai, after becoming the first home-grown aerospace firm to have its listing a...
Elon Musk stays on top as Nvidia’s Jensen Huang powers up the rankings on an AI-fuelled surge in fortunes...
London law firms hired 668 partners in 2025, up 21% on last year...
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...
Macy's plans to close stores over several years. kena betancur / AFP via Getty Images Nearly 300 US retail stores, including Macy's and Kroger locations, are set to close by the end of 2026. Major cha...
Barnes & Noble is among the retailers reportedly opening more stores in 2026. Al Drago/Getty Images Retailers such as Dollar General and Nordstrom Rack plan major store expansions in the US in 2026. S...
Nearly 30% of Japan's population is 65 or older, and many still work. Francesco Riccardo Iacomino/Getty Images Japan has adapted to an aging workforce with government support and job programs. Nearly ...
Toys R Us was one of the dominant toy retailers of the 1990s and early 2000s. Artur Widak/NurPhoto via Getty Images Toys R Us opened pop-up stores at some US malls this holiday season . The retailer h...
A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota. LAUREN OWENS LAMBERT/REUTERS A $400,000 lobster shipment was stolen en route to Costco stores in Illinois an...
📋 Key Facts ✓ Bourbon maker Jim Beam halts production at its main distillery for a year ✓ US distillers face uncertainty after Presiden...
For the first time, investors are talking about ‘US risk’...
US administration has other ways to hit trading partners with duties...