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Tuesday, January 27, 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.

Lynn Hatem

Lynn Hatem is a distinguished journalist for Beijing Times, renowned for her insightful coverage of culture and lifestyle. Despite not being native to China, her unique international perspective has made her a powerful voice in articulating the richness of global cultures. She continuously navigates the multifaceted cultural landscape, painting a vivid picture of contemporary life and trends.

EU Considers Sanctions on Iran’s Revolutionary Guard Amidst Crackdown

EU considers sanctions against Iran and potential designation of the IRGC as a terrorist organization following the crackdown on protests. France remains a holdout in the EU's deliberations.

Iran’s Brutal Crackdown: Over 6,000 Reportedly Killed in Nationwide Protests

Explore the devastating impact of Iran's crackdown on nationwide protests, with over 6,000 reported deaths and evidence of systematic violence and concealment.

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.

Europe’s IPO market surges to fastest start since 1995, led by major defence listing

Europe’s IPO market has started 2026 at a record pace, with early listings raising hopes of a revival as investors return and major flotations boost confidence.

Ryanair profits slide after Italy fine, but airline lifts fare outlook on strong demand

Ryanair reported a sharp quarterly profit decline after taking an €85 million charge tied to an Italian antitrust fine, but the airline upgraded its fare outlook and forecast higher full-year profit on strong demand.

Carney says Canada won’t pursue free trade with China after Trump’s 100% tariff threat

Canada’s Prime Minister Mark Carney says Ottawa has no plans to pursue free trade with China, responding to Trump’s threat of 100% tariffs and reaffirming USMCA commitments.

Apple Reportedly Eyes Intel Partnership for Future iPhone Chips

Apple is reportedly considering a partnership with Intel to manufacture some future iPhone chips, aiming to diversify its supply chain and reduce reliance on TSMC. Reports suggest Intel would act as a foundry for Apple-designed processors, potentially starting in 2028.

House of Lords Backs Social Media Ban for Under-16s in UK

In a significant move, the UK's House of Lords has voted to support a ban on social media for individuals under the age of...

Zelensky Urges Europe to Act Decisively, Criticizes Inaction on Russia

Ukrainian President Volodymyr Zelensky delivered a sharp critique of European leaders at the World Economic Forum in Davos, accusing them of a lack of...

Blue Origin Launches ‘TeraWave’ to Challenge SpaceX’s Starlink in Satellite Internet Race

Blue Origin announces TeraWave, a 5,408-satellite constellation to rival SpaceX's Starlink and Amazon's Leo, targeting enterprise and government users with high-speed internet.

AI Titans Clash: Musk and Altman Trade Barbs Over AI Safety and Tesla Autopilot Deaths

Elon Musk and Sam Altman's feud escalates on X, with accusations over ChatGPT and Tesla Autopilot safety, amidst ongoing legal battles.

Kuaishou’s Kling AI tops 12 million monthly users as revenue surges

Kuaishou’s Kling AI has reportedly surpassed 12 million monthly active users as the AI video platform’s revenue climbs, pushing its annualized run rate toward $240 million.

Has Trump caused irreversible damage to global diplomacy?

Trump’s decision to publish Macron’s private texts over Greenland has sparked global alarm, raising fears that confidential diplomacy is collapsing into public pressure and political theatre.

Czech Republic’s Cautious Stance on Greenland: Babiš Prioritizes NATO Unity Amidst US-Denmark Tensions

Czech Prime Minister Andrej Babiš prioritizes NATO unity and dialogue over a direct stance on Greenland, citing strategic concerns and the need to avoid allied friction.

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