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Wednesday, January 28, 2026

UPS to cut 30,000 jobs and close 24 sites as Amazon volume “glide-down” continues

UPS plans to cut up to 30,000 jobs and close 24 facilities in 2026 as it reduces Amazon delivery volume, even as the company beat earnings estimates and forecast higher revenue for the year.

Wall Street pushes S&P 500 toward 7,000 while Dow falls as healthcare stocks tumble

Wall Street lifted the S&P 500 to a record and closer to 7,000 as earnings rolled in and the Fed meeting began, while the Dow slipped after health insurers sank on Medicare Advantage news.

Tesla stock in focus ahead of results as Wall Street debates growth vs profitability

Tesla is set for a key earnings test as investors watch margins, demand and pricing strategy, with the results expected to influence sentiment across the EV and tech markets.

Editorial Team

Harbin Ice Festival Transforms Northern China into a Dazzling Winter Wonderland

The annual Harbin International Ice and Snow Sculpture Festival has once again transformed the frigid northeastern Chinese city of Harbin into a breathtaking spectacle...

Xiaomi Ends Software Support for 19 Devices in 2026, Leaving Many Without Android 17

Xiaomi is set to discontinue software updates for a significant number of its devices in 2026, impacting users across its Xiaomi, Redmi, and POCO...

China’s Music Market Surges Ahead: A Look at Growth and Expansion

China's music industry is experiencing robust growth, with a significant increase in overall revenue and notable expansion across various sectors. The market's resilience and...

K-Food Craze Sweeps China: Social Media and Local Tastes Fuel Culinary Boom

Korean cuisine is experiencing a significant surge in popularity across China, driven by a potent combination of social media virality and strategic localization efforts....

Europe Bolsters Defense Amid Rising Russian Threat, Embraces Autonomous Warfare

Europe is undergoing a significant military rearmament and strategic shift, driven by escalating Russian aggression and a perceived weakening of U.S. security guarantees. Nations...

Alibaba’s Amap Unveils AI-Driven 3D Virtual Tours, Shaping the Future of Digital Maps

Alibaba Group’s mapping unit, Amap (AutoNavi), has introduced an innovative AI feature allowing users to experience immersive 3D virtual tours of restaurants and offline...

China’s Property Woes Trigger Art Market Meltdown

China's once-booming art market is experiencing a significant downturn, directly linked to the ongoing property crisis gripping the nation. The fallout from the real...

Global Stages Light Up with Vibrant Cultural Exchange Events

Across continents, a wave of cultural exchange events and festivals is fostering deeper understanding and celebrating the rich tapestry of global traditions. From Azerbaijan's...

China Accelerates AI Ambitions: Targets Secure Core Tech Supply by 2027

China has unveiled an ambitious plan to achieve a secure and reliable supply of core artificial intelligence (AI) technologies by 2027. This strategic initiative...

Anisimova Claims China Open Crown in Dominant Performance

Amanda Anisimova has captured her second WTA 1,000 title, triumphing at the China Open with a commanding victory over Linda Noskova. The win marks...

European Drug Pricing Under Pressure as US Deals Set New Precedent

Pharmaceutical companies are bracing for intensified price negotiations in Europe, anticipating that recent drug pricing agreements in the United States, brokered under the Trump...

Ukraine War Echoes: Australia Warned to Brace for Asia-Pacific Conflict

The ongoing conflict in Ukraine serves as a stark warning for Australia, highlighting the increasing likelihood of conflict in the Asia-Pacific region. European officials...

Global Manufacturing Shifts: Companies Diversify Production Away From China

Global manufacturing is undergoing a significant transformation as companies increasingly diversify their production bases away from China. This strategic shift is driven by a...

China Intensifies Crackdown on Celebrity Gossip and Chaotic Fan Culture

China's cyberspace regulator is intensifying its crackdown on online content, targeting celebrity gossip and the "fan circle" culture. Platforms like Weibo and Kuaishou have...

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