-9.1 C
Beijing
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.

Europe tightens cybersecurity rules with push to phase out risky suppliers

BusinessEurope tightens cybersecurity rules with push to phase out risky suppliers

European Union officials are moving toward stricter rules that could force member states to remove “high-risk” technology suppliers from critical infrastructure, as Brussels shifts from voluntary guidance to a harder, security-first approach.

The effort is aimed at reducing exposure to suppliers seen as potential national security risks across sensitive networks, particularly in telecommunications and other core systems that underpin modern economies. While several EU countries already restrict certain vendors, the new push would make coordinated removals more consistent across the bloc.

Officials argue that fragmented policies leave gaps, especially when critical systems are deeply interconnected across borders. The goal is to standardize requirements, strengthen oversight, and ensure that high-risk vendors cannot remain embedded in the backbone of Europe’s communications and security environment.

The move also reflects wider pressure on EU governments to secure supply chains, harden digital infrastructure, and prepare for a future where cyber threats and geopolitical rivalry increasingly overlap.

If adopted, the policy could accelerate a broader restructuring of Europe’s network ecosystem, requiring telecom operators and infrastructure providers to shift equipment, contracts, and long-term technology planning toward lower-risk alternatives.

Check out our other content

Check out other tags:

Most Popular Articles