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Nike cuts 775 jobs in US to speed up automation
Nike is laying off 775 employees, a source familiar with the matter has told Reuters, as the sportswear giant looks to boost profits and accelerate its use of automation. Read […]
Venezuela oil reform encourages fast investment
A proposed reform of Venezuela’s oil law is enough to encourage companies working in the country to expand and for some new entrants to begin investing, but deeper reforms would […]
Beef in US is pricier than ever
Consumer beef prices reached a fresh record in December, just as the United States’ new dietary guidelines are set to boost demand for the protein. Read full story Date: 28 […]
Plan to keep Medicare rates flat sinks insurers
Shares of major US insurers tumbled after the United States proposed holding payments to private Medicare plans flat next year, a huge disappointment for investors. Read full story Date: 28 […]
Apollo takes US$170mil loss on Perch exposure
Apollo Global Management Inc took a loss on a portion of a US$170mil asset-backed financing for Amazon brand aggregator Perch that was wiped out, a rare stumble for a strategy […]
North Korea’s Kim: party congress to unveil plans for nuclear-war deterrent, KCNA says
SEOUL, Jan 28 (Reuters) – ‌North Korean leader Kim Jong Un said the ‌upcoming congress of the ruling Workers’ Party will ‌unveil next-stage plans for further strengthening the country’s nuclear […]
Nicaraguan court finds long-time Ortega adviser guilty of money laundering
Jan 27 (Reuters) – A Nicaraguan court ‌declared Bayardo Arce, a long-time ally and economic adviser to President ‌Daniel Ortega, guilty of money laundering, the Nicaraguan Attorney General’s Office ‌said […]
Feature: Sudanese industry showcases resilience in recovery despite ongoing internal conflicts
ATBARA, Sudan, Jan. 27 (Xinhua) — Atbara, a relatively stable city in northern Sudan’s River Nile State, is hosting the “Made in River Nile” exhibition, which highlights Sudanese industry’s resolve […]
Lebanon’s largest artificial lake shows signs of recovery after drought
BEIRUT, Jan. 27 (Xinhua) — Lake Qaraoun, Lebanon’s largest artificial lake is experiencing a significant recovery following heavy winter precipitation, offering relief after three consecutive years of severe drought. Read […]
RM34mil in scammed funds recovered in 2025
THE government successfully recovered about RM34mil in scammed funds from mule bank accounts in 2025, with RM6.7mil having been returned to scam victims, says Home Minister Datuk Seri Saifuddin Nasution […]