Latest Business News
Global Economic Growth Slows to 2.6% in 2026
UNCTAD projects global growth at 2.6% in 2026, with developing economies excluding China at 4.2%. US growth slows to 1.5%, China to 4.6%, and Europe sees modest demand. This weighs heavily on developing markets amid complex trade environment.
Rising Tariffs Fuel Trade Uncertainty
Governments increasingly use tariffs as protectionist tools, with sharp rises in 2025 led by US measures in manufacturing. This unevenly affects sectors and partners, heightening global trade risks into 2026.
Value Chains Reconfigure Due to Geopolitics
Firms diversify suppliers, relocate production near markets, and control more supply chains amid tensions and policies. Asia's regional value chains surge, with South-South trade deepening, including over half of Africa's exports to developing markets.
TSMC Posts Record Quarterly Profit Boosting Chip Sector
Taiwan Semiconductor's Q4 results signal AI strength, lifting chip stocks. Investors cheer the performance amid rising demand.
BlackRock Assets Hit $14 Trillion After Record Year
BlackRock reaches $14T AUM, with iShares ETFs netting $181B in Q4. The firm plans ambitious fundraising for 2026.
Business Spending on OpenAI Models Hits Record
US enterprises lead AI adoption with OpenAI outpacing rivals like Anthropic and Google. Ramp data shows December 2025 paid usage spike.
Trump Signs EO on Critical Minerals Security
New executive order emphasizes international cooperation to counter China dominance in processed minerals. It targets import adjustments and price supports via trade deals with allies like Ukraine and Japan.
Ghana Cancels Mining Deals, Hikes Royalties Amid Gold Surge
Africa's top gold producer reshapes contracts as prices soar. This shake-up affects long-term mining landscape.
Coal India Pushes Rare Earth Deals Beyond China
India's coal giant eyes Africa, Australia, Russia with $119M IPO backing. Aims to diversify from China-dominated critical minerals supply.
IPO Boom Returns with SpaceX and OpenAI on Wish List
Surge in public offerings expected in 2026, exciting investors but warning of duds. Hybrid work perks and AI job shifts also trend.
Amazon Calls $475M Saks Stake 'Presumptively Worthless'
Amazon threatens drastic remedies if Saks fails to resolve concerns. Highlights tensions in retail investments.
Anthropic Research: AI Won't Wipe Out Jobs Overnight
New data shows AI redraws job maps rather than eliminating work immediately. Impacts who wins and how roles evolve.