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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.

News

Finnish Prime Minister arrives in Beijing for four-day China visit with business delegation

Finnish Prime Minister Petteri Orpo arrived in Beijing for a four-day official visit with a major business delegation, aiming to strengthen Finland-China trade ties and expand cooperation in key industries.

EU and India finalize “mother of all deals” as tariffs fall and market access expands

The EU and India finalized a landmark free trade agreement aimed at cutting tariffs on most goods, easing access for services and investment, and reshaping trade ties across a combined market of about 2 billion people.

Storm Chandra batters UK and Ireland with flooding, school closures and travel disruption

Storm Chandra brought heavy rain and strong winds to the UK and Ireland, triggering flooding, rescues, school closures, flight and ferry cancellations, and widespread power outages.

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.

Iranian Rial Plummets to Record Low Amidst Protests and Economic Strain

Iran's currency, the rial, hits a record low of 1.5 million against the US dollar amid ongoing protests and international pressure.

Beijing’s Sino-Russian Film Gala: A Cinematic Bridge Strengthening Cultural Bonds

Beijing Hosts Major Sino-Russian Film Exchange Event Showcasing Over 70 Chinese Film Beijing, October 23, 2023 – In a glittering cultural showcase that spanned three...

Chinese FM Wang Yi Seeks Stronger U.S.-China Business Ties in D.C. Talks

U.S.-China Relations: Chinese Foreign Minister Advocates for Stronger Business Ties During Washington Talks Washington, D.C. – In a bid to bolster Sino-American relations, Chinese Foreign...

Honoring Youthful Talent: The 14th Lu Xun Teenagers Literature Award in Hong Kong

Honoring Youthful Talent: A Glance at the 14th Lu Xun Teenagers Literature Award in Hong Kong Hong Kong, Special Administrative Region - Amidst the ornate...

Okinawa in Focus: International Symposium Explores Peace and Power Dynamics in Asia

International Symposium Sheds Light on Okinawa's Role in Asian Peace Cooperation Beijing - Peking University played host to the distinguished 4th Ryukyu-Okinawa Frontier Academic International...

Diplomatic Overtures: China’s Wang Yi in U.S. to Foster Mutual Ties

Diplomatic Overtures: China's Wang Yi Visits U.S. to Mend Strained Ties WASHINGTON D.C. – In a move signaling the potential thawing of icy relations, China's...

China’s 2023 Economic Resurgence: Initiatives, Insights, and Impacts

China's Economic Surge: Decoding the Positive Trends and New Initiatives in 2023 Associate Professor Liu Chunsheng of the Central University of Finance and Economics provides...

China’s Leap in Rare Disease Diagnosis: 780,000 Cases Reported Since 2019

China Records 780,000 Rare Disease Cases Since 2019 Through Advanced Diagnosis System BEIJING – In a significant revelation, China has reported around 780,000 rare disease...

Sanya’s GLAST-2023 Forum: Pioneering Global Agri-Tech Transformation

Sanya Hosts International Experts at the 7th GLAST-2023 Forum: A Beacon for Sustainable Agricultural Progress Through Tech Innovation SANYA, HAINAN PROVINCE — This week, the...

China and Belarus Strengthen Economic and Cultural Ties in Bishkek Summit

Deepening Ties: China and Belarus Seek Synergy in Economic Strategy and Industrial Collaborations Bishkek, Friday - In a decisive move reflecting the growing camaraderie between...

“Journey Through Civilizations”: China-Egypt Exhibition Rekindles Ancient Bonds

"Journey Through Civilizations": China and Egypt's Historic Connective Thread Rekindled in Grand Exhibition Cairo, October 26, 2023 - Amidst the timeless echoes of two ancient...

China’s Evolving Landscape of Foreign Investment

China's Attraction for Foreign Investment: In recent years, the landscape of foreign investment has been undergoing a paradigm shift. Globally, there has been an...

Global Agricultural Seminar 2023: Developing Nations Embrace Change, Laud Belt and Road Initiative

International Seminar for Agricultural Development Takes Off: Developing Countries Voice Enthusiasm and Recognition for the Belt and Road Initiative In an epoch marked by rapid...

China’s Healthcare Breakthroughs, Space Triumphs, and Cultural Celebrations: A Glimpse of Progress

AI Revolutionizes Cervical Cancer Screening in China In a groundbreaking development for healthcare in China, a female Chinese doctor has founded a company that harnesses...

China-France Strategic Dialogue: Diplomatic Counselor Emmanuel Bonne Co-Chairs Talks in Beijing

Beijing, October 27, 2023 - In a significant diplomatic development, Emmanuel Bonne, the Diplomatic Counselor to the French President, is set to co-chair the...

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