People's Bank of China will scrap the 20% forex risk reserve ratio from March 2, 2026, cutting hedging costs and supporting market stability.
CoreWeave shares fell 8% after it forecast up to $35B capex, wider losses and slower Q1 revenue growth despite a small Q4 beat.
Tesla logged zero autonomous test miles in California in 2025, despite touting robotaxis, leaving it without key permits unlike Waymo.
UBS downgraded U.S. equities to neutral, citing high valuations, weaker dollar risks and faster growth opportunities outside the U.S.
eBay will lay off about 800 employees (6%) to streamline operations after its $1.2B Depop acquisition.
U.S. weekly claims rose 4,000 to 212,000, signaling a steady labor market. The unemployment rate held near 4.3% despite tariff uncertainty.
Ford Motor Co recalls 4.3M trucks and SUVs over a software glitch that may cause brake and signal light failures. A free update will fix it.
Lei Jun says Xiaomi will invest heavily in chips, AI and operating systems to drive innovation and support China's tech self-reliance push.
Claudia Sheinbaum may sue Elon Musk after he alleged cartel ties on X. Lawyers reviewing; US free speech laws could hinder case.
Nestle SA has overhauled its bonus system, allowing top performers to earn up to 150% of their target, while lower-rated staff may receive 0–50%, as CEO Philipp Navratil drives growth and cuts 16,000 jobs.
U.S. Trade Rep Jamieson Greer said some tariffs will increase from 10% to 15% or more, while rates on China will not escalate.
AT&T will let shareholders vote on a workforce diversity disclosure proposal, settling a lawsuit by New York City pension funds.
Amazon may invest $50B in OpenAI, with $35B linked to an IPO or AGI milestone.
Google says it stopped UNC2814 hackers who targeted 53 groups in 42 countries, using Google Sheets to spy and steal data globally.
Bill Gates told staff at the Bill & Melinda Gates Foundation he took responsibility for meeting Jeffrey Epstein, calling it a mistake and apologizing.
RBC has formed a new AI Group to scale artificial intelligence across the bank, aiming to generate up to C$1 billion in enterprise value by 2027 and expand AI tools for staff and clients.
Alibaba Group said its AI app Qwen recorded nearly 200 million orders over the holiday, including over 4 million users aged 60+, highlighting strong AI adoption.
The Bernard Arnault family has increased its holding in LVMH to 50.01%, or 248 million shares, according to a filing with France's market regulator.
Paul Chan Mo-po announced a surplus, tax review and HK$20b to boost AI, chips and the Northern Metropolis tech hub.
FedEx sues the US, seeking full reimbursement for tariffs imposed under Trump's IEEPA, after Supreme Court ruled the tariffs illegal.
Jamie Dimon said he will remain CEO of JPMorgan Chase for a few more years and may later serve as executive chairman.
Paramount Skydance raised its offer for Warner Bros Discovery to beat Netflix, intensifying a major Hollywood bidding war.
China's commerce ministry placed 20 Japanese entities, including SUBARU Corporation and TDK Corporation, under export controls over dual-use security concerns.
China became Germany's biggest trading partner in 2025, with €251.8B in trade, surpassing the United States amid weaker US-Germany trade flows.