Business

Latest Business News

đź“…January 7, 2026 at 1:00 PM
Global business headlines feature Trump's Venezuela oil deal and Greenland ambitions, Saudi market openings, AI partnerships, Big Tech capex concerns, and market volatility amid geopolitical tensions.
1

Trump Secures Venezuela Oil Deal for 50M Barrels

US President Donald Trump announced Venezuela will send up to 50 million barrels of oil to the US. This move ties into broader US energy strategies amid international tensions.Source 1 Delcy RodrĂ­guez, Venezuela's new president, previously donated $500,000 to Trump's 2017 inauguration.Source 2

2

Trump Not Ruling Out Military Force for Greenland Acquisition

President Trump is discussing a range of options, including military force, to acquire Greenland due to its strategic location and rare earth minerals.Source 1Source 2. Greenland's prime minister has responded with 'enough' to the latest threats.Source 6. This has raised concerns among NATO allies and Denmark.Source 6.

3

Saudi Arabia Opens Stock Market to All Foreign Investors

Saudi Arabia has scrapped all restrictions on foreign stock investments to revive its lagging market.Source 1. The kingdom is also moving to open its real estate market to foreign buyers.Source 1. This aims to boost economic diversification and attract global capital.Source 1.

4

Nvidia and Siemens Expand AI Partnership for Industrial Systems

Nvidia's CEO boosted outlook as the company partners with Siemens to build industrial AI systems.Source 1. This collaboration uses AI to transform industrial operations.Source 1. Partnerships highlight growing AI integration in manufacturing.Source 1.

5

Goldman Sachs Forecasts 12% S&P 500 Return Amid AI Capex Slowdown

Goldman Sachs predicts a 12% total return for S&P 500 in 2026 to 7,600, driven by AI investments.Source 4. However, Big Tech may only get half the profit needed to justify massive AI capex as growth slows.Source 4. S&P 500 hit a record high at 6,944.82 yesterday.Source 4.

6

Chevron Partners on Bid for Lukoil's $22B International Assets

Chevron and a private energy group are partnering to bid for the international assets of Russian oil company Lukoil, valued at $22 billion.Source 1. This deal reflects ongoing shifts in global energy markets post-sanctions.Source 1. Financial Times reported the development.Source 1.

7

Global Markets Mixed: S&P High, Asia Declines, Bitcoin at $91.8K

S&P 500 futures flat after record close; STOXX Europe flat, Nikkei down 1.06%, CSI 300 down 0.29%.Source 4. KOSPI up 0.57%, Bitcoin sank to $91.8K.Source 4. Brent oil at $60/barrel, down 1.1%.Source 1.

8

China's Kuaishou Weighs Offshore Bond Sale Debut

Chinese tech firm Kuaishou is considering its first offshore bond sale amid market activities.Source 3. This follows trends in Greater China tech financing.Source 3. Hong Kong tech stocks like Alibaba and Baidu declined.Source 3.

9

Morgan Stanley Ups Kospi Target on Chip Optimism

Morgan Stanley raised its Kospi target due to optimism in semiconductors.Source 3. Samsung President highlighted chips and AI outlook positively.Source 3. TSMC projections see analyst upside.Source 3.

10

AI Software for Digital Employee Clones Unveiled at CES 2026

New AI software capable of creating digital clones of employees was revealed at CES 2026.Source 6. This innovation raises data privacy concerns for home and workplace robots.Source 2. Experts call for self-driving car-level safety standards.Source 2.

11

China Bans Livestreamers from False Ad Claims

China has banned livestreamers from making false advertising claims to regulate e-commerce.Source 3. This targets booming live commerce sector amid economic pressures.Source 3. Bloomberg Intelligence noted Asia tech outlook impacts.Source 3.

12

Venezuela Appoints Delcy RodrĂ­guez as First Female President Unexpectedly

Delcy RodrĂ­guez, formerly vice president, became Venezuela's first female president unexpectedly.Source 2. A UK and France-educated lawyer fluent in English with US ties.Source 2. Her leadership coincides with US oil engagements.Source 1Source 2.