Asian markets struggle as fears build over tech rally, US rates

Asian markets struggled Monday on simmering concerns that the Federal Reserve will not cut interest rates as hoped next month, while fears of a bubble continue to weigh on sentiment. The increasingly risk-averse mood on trading floors also dragged on the crypto sector, with bitcoin erasing all its gains this year — just over a […]

EU predicts less eurozone 2026 growth due to trade tensions

The EU on Monday cut its eurozone growth forecast for 2026 as risks from international trade and geopolitical tensions weigh on Europe’s economy. The European Commission expects the 20-country single currency area to grow by 1.2 percent in 2026, down from a previous forecast of 1.4 percent. The bloc’s executive said Europe’s “highly open” economy […]

Sophia Felix Announces Powerful New Era for Talent Management and Women’s Empowerment in Cannabis Industry

Sophia Felix, an award-winning business strategist, talent manager, and mental health advocate, is making headlines again. As the founder and CEO of HBM Talent & Management and co-founder of the International Cannabis Consulting Business Women’s Association (ICBWA), Felix is launching groundbreaking initiatives to elevate women in entertainment, business, and wellness spaces—proving once again that leadership […]

China lifts sanctions on US units of South Korea ship giant Hanwha

China said Monday it would suspend sanctions against US subsidiaries of Hanwha Ocean, one of South Korea’s largest shipbuilders, as a fragile trade truce between Washington and Beijing continued to take shape. The United States and China have been involved in a volatile trade and tariff war for months, but agreed to walk back some […]

Guinness maker Diageo picks new CEO after US tariffs cloud

Diageo, the maker of Guinness beer and Smirnoff vodka, announced Monday a new chief executive as it seeks to improve performance hit partly by US President Donald Trump’s tariffs. Dave Lewis, presently chairman of consumer healthcare firm Haleon, will become CEO in January, replacing Debra Crew after her resignation in July.  “The market faces some […]

Bank of England seeks to ‘build trust’ in stablecoins

The Bank of England said Monday it aims to “build trust” in stablecoins in the UK, which would be pegged to the pound under proposed national rules for the cryptocurrency. The value of most stablecoins — a form of digital currency linked to real-world money — is kept steady by being linked overwhelmingly to the […]

‘Netflix House’ marks streaming giant’s first theme park

After years of temporary pop-up events, streaming giant Netflix will make its first foray into the theme park space this week, rivalling entertainment giants Disney and Universal Studios. The company’s “Netflix House” theme park will open its doors Wednesday at the King of Prussia mall — one of the largest shopping centers in the United […]

Asian stocks rise as record US shutdown nears end

Most Asian markets rose for the second day in a row Tuesday as US lawmakers edged towards ending a record government shutdown. The prospect of an end to the Washington standoff, which moved into its 41st day Monday, came amid a revival of demand for tech giants despite growing fears of an AI-fuelled bubble. Senators […]

US to cancel flights as longest govt shutdown drags on

US officials said the scheduled capacity for flights was being cut by 10 percent in 40 busy air traffic areas nationwide on Friday, as the longest government shutdown drags on. Federal agencies have been grinding to a halt since Congress failed to approve funding past September 30, with some 1.4 million federal workers, from air […]

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