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Nike cuts 775 jobs in US to speed up automation

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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 […]

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