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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.

Asia

China’s Arctic Ambitions: A Strategic Play Beyond Trump’s Territorial Dreams

Explore China's strategic interests in Greenland, contrasting with Donald Trump's territorial ambitions. Understand Beijing's focus on geopolitical shifts and economic partnerships in the Arctic.

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’s Arctic Ambitions: A Strategic Play Beyond Trump’s Territorial Dreams

Explore China's strategic interests in Greenland, contrasting with Donald Trump's territorial ambitions. Understand Beijing's focus on geopolitical shifts and economic partnerships in the Arctic.

Pakistan Sounds Alarm: Afghanistan Emerging as Terrorist Hub, Threatening Regional Stability

Pakistan's military has issued a stark warning, asserting that Afghanistan is rapidly transforming into a "hub for terrorists and non-state actors." The Pakistani military...

UNICEF Launches Major School Reconstruction Effort in Afghanistan

The United Nations Children's Fund (UNICEF) has announced a significant initiative to rebuild 165 schools across nine provinces in Afghanistan. This project, supported by...

United Flight to Singapore Diverted to Manila Due to Severe Medical Emergency

A United Airlines flight en route from San Francisco to Singapore experienced a significant diversion on January 12, 2026, when a passenger suffered a...

Singapore and Japan Unite in Quantum Computing Leap

Singapore and Japan have solidified a groundbreaking collaboration aimed at accelerating the development of fault-tolerant quantum computing systems. This strategic partnership, marked by a...

Germany and India Poised for Landmark $8 Billion Submarine Deal

Germany and India are on the cusp of finalizing a monumental defense agreement valued at approximately $8 billion, marking the largest defense contract in...

Pakistan Explores Defense Pact with Bangladesh, JF-17 Jet Sale on the Horizon

Pakistan is reportedly considering a significant defense agreement with Bangladesh, a move that could include the potential sale of its advanced JF-17 fighter jets....

Kazakhstan and China: Strategic Partners in the Nuclear Energy of the Future

Kazakhstan and China have long exemplified a deep, strategic, and trusted partnership in nuclear energy. Today, as the global community faces the challenges of...

Indonesia’s Elections: A Turning Point for Governance and Global Ambitions

In February, Indonesia is on the brink of electing new leadership as President Joko "Jokowi" Widodo prepares to leave office in October. Amid significant...

China’s Economy Surpasses Expectations: Brokerages Adjust 2023 Forecasts

In a significant shift in the financial landscape, five of the world's leading brokerages have revised their 2023 growth forecasts for China upwards. This...

Country Garden Defaults on $15M Coupon Payment Amid China’s Real Estate Crisis

The offshore debt crisis in China's real estate sector deepens as Country Garden (2007.HK), the nation's largest private property developer, has allowed a $15...

Singapore’s Deputy Prime Minister Aims for Progress in Indo-Pacific Economic Framework Discussions

Singapore's deputy prime minister, Lawrence Wong, expressed his hopes for significant advancements in the U.S.-led Indo-Pacific Economic Framework for Prosperity (IPEF) discussions ahead of...

China’s Top Court Unveils Guidelines to Bolster Private Business Environment

On Tuesday, China's top court introduced guidelines to enhance the legal framework for private businesses, as reported by the state-run CCTV, indicating a renewed...

China’s Assertive Stance on Ren’ai Jiao: Territorial Sovereignty in the South China Sea

The territorial dispute over Ren'ai Jiao in the South China Sea has been a longstanding point of contention between China and the Philippines. China...

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