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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.

China Warns of National Security Risks Posed by Overseas SDKs

In a recent development, China's Ministry of State Security issued a stark warning to the public, urging caution when it comes to the use...

China’s Commitment to SCO Cooperation and Regional Prosperity

Bishkek, Kyrgyzstan - Chinese Premier Li Qiang addressed the 22nd Meeting of the Council of Heads of Government of the Shanghai Cooperation Organization (SCO)...

Australian Prime Minister’s US Visit: Awkwardness and Challenges in the US-Australia Alliance

Australian Prime Minister's US Visit Marred by Awkwardness and Disappointment, Highlights Challenges in US-Australia Relations In a state visit marked by awkwardness and disappointment, Australian...

Mike Johnson’s Election as House Speaker: Implications for U.S. Domestic & China Relations

Mike Johnson Takes the Helm as House Speaker Amidst Tumultuous Domestic and International Challenges WASHINGTON – After an unexpected three-week leadership vacuum resulting from the...

Chang Ting & Lin Rui-yang’s Pyramid Scheme Saga: From Accusation to Acquittal

Celebrity Power Couple Chang Ting and Lin Rui-yang's Legal Victory: From Scandal to Acquittal Shijiazhuang, Hebei Province: In a dramatic turn of events, Taiwan-born superstar...

Shiyan 6 Docking: Navigating the Waters of Geopolitics and Science in the Indian Ocean

Sensational Claims about Chinese Research Ship in Indian Ocean Spark Controversy In a recent incident that has ruffled feathers in the geopolitical spectrum, some sections...

Beijing Seminar Paves the Way for COP28: UN, Spain, and EU Collaborate on Climate Strategy

Road to COP28: UN, Spain, and EU Collaborate in Crucial Preparatory Seminar in Beijing BEIJING - As global attention turns to the imminent COP28 climate...

China and ASEAN Converge for Landmark South China Sea Discussions

China and ASEAN Strengthen Ties in a Landmark Senior Officials' Meeting Beijing, Thursday: In an unprecedented show of collaboration and diplomatic dialogue, China and the...

China’s Ministry Clarifies Stance on Counter-Espionage Law’s Data Security Implications

China's Ministry Refutes Speculations on Counter-Espionage Law's Impact on Data Security China's Ministry of State Security has issued a statement vehemently rejecting allegations surrounding the...

China and Russia Chart New Horizons at Bishkek SCO Meeting

China and Russia Cement Stronger Ties in Bishkek Meeting Bishkek, Kyrgyzstan - In a pivotal moment on the sidelines of the 22nd Meeting of the...

Exploring Chinese Modernization: Implications for ASEAN’s Future

Seminar Explores Chinese Modernization and its Lessons for ASEAN Nations Beijing: The recent seminar organized as a part of the "Decoding Chinese Path to Modernization...

US Middle East Policy: Undermining Peace Between Palestine and Israel?

Tel Aviv, Israel - The intensification of the conflict between Palestine and Israel has recently been marked by high casualties. Further complicating matters, the...

China-UAE Diplomatic Talks: Navigating the Israeli-Palestinian Crisis

China and UAE Deepen Diplomatic Ties Amidst Ongoing Israeli-Palestinian Crisis United Arab Emirates, October 25, 2023 — As the crisis between Israel and Palestine continues...

China and Myanmar Bolster Joint Campaign Against Telecom Fraud

China and Myanmar Intensify Joint Efforts to Combat Telecom Fraud Naypyidaw, Myanmar - In the light of rising telecom fraud concerns that are impacting both...

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