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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

China’s Economy Shifts Gears: AI, Green Energy, and Niche Tourism Drive Growth

China's economy is undergoing a significant structural transformation, with emerging industries like artificial intelligence and new energy sources poised to reshape the labor market...

China Unveils ‘China Bound’: A Smart Tourism Platform for Global Travelers

China Daily has officially launched "China Bound," an innovative English-language smart-tourism service platform designed to revolutionize the travel experience for international visitors. This comprehensive...

CNOOC Accelerates South China Sea Production with Multiple New Oilfield Startups

China National Offshore Oil Corporation (CNOOC) has significantly boosted its production capabilities in the South China Sea with a series of new oilfield startups...

European Property Market Recovers Momentum Heading into 2026

Europe's real estate sector is demonstrating a notable shift from caution to conviction as it enters 2026. Stabilizing economic conditions, improving financing costs, and...

Sperry Commercial Global Affiliates Forges European Expansion with CREAM Property Advisors

Sperry Commercial Global Affiliates has announced a significant expansion into the European market through a new affiliate partnership with CREAM Property Advisors, headquartered in...

Europe Navigates Shifting Geopolitical Tides in China Policy Amidst US Rivalry

The European Union is increasingly recalibrating its China policies, driven by evolving geopolitical trends, intensifying US-China competition, and growing transatlantic concerns. This strategic shift...

US and China Engage in Shifting Tensions Over Trade, Tech, and Security

The United States and China are navigating a complex and evolving relationship, marked by a recent shift in U.S. national security strategy that emphasizes...

How Businesses Can Successfully Manage Global Mass Payouts

As businesses expand globally, financial transactions become more complex, requiring efficient methods for handling payments at scale. Mass crypto payouts are gaining traction as...

Beijing Times Clarifies Independence: No Ties to the Chinese Government, Ending Global Political Coverage

In light of recent events and concerns, Beijing Times has made the decision to discontinue all political coverage across the globe. This change reflects...

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