Month: January 2026
China’s BYD poised to overtake Tesla as world’s top EV seller for the first time
Imported BYD vehicles are parked at a port on March 27, 2025 in Yokohama, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Chinese auto giant BYD on Friday is expected to dethrone U.S. rival Tesla as the world’s biggest seller of electric vehicles on a calendar-year basis. The milestone would cap an extraordinary […]
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China’s ‘Silicon Valley’ is building robots and fortune-telling AI apps at the same time
HANGZHOU, China — In what is sometimes dubbed China’s Silicon Valley, tech giants and startups in Hangzhou are racing to build cutting-edge chips, robotics and brain-computer interfaces. Across town, aspiring founders are creating AI pets and fortune-telling apps. The city on China’s southeastern coast is reinventing itself as an artificial intelligence hub. A year after the […]
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European stocks poised to start 2026 in positive territory; gold and silver prices rally
European markets were set to open slightly higher on Friday, kicking off the first trading day of the year in positive territory. The U.K.’s FTSE 100 index was on track to open up around 0.2%, according to IG, with Germany’s DAX, France’s CAC and Italy’s FTSE MIB also poised to open at least 0.2% higher. […]
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Shares of KFC and Pizza Hut Indian operator Devyani jump on merger with rival franchisee Sapphire
CITY CENTER, KOLKATA, WEST BENGAL, INDIA – 2019/06/26: Pizza hut outlet at City Center Shopping Mall of Kolkata . (Photo by Avishek Das/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of KFC and Pizza Hut Indian operator Devyani International rose as much as 5.3% after it announced plans to merge […]
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Baidu’s semiconductor unit Kunlunxin files for Hong Kong listing amid AI chip boom in China
A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Chinese tech giant Baidu has announced plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list it […]
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Singapore economy jumps 5.7% in fourth quarter, beating expectations on strong manufacturing
Singapore tops the list in the 2025 Global Talent Competitiveness Index by INSEAD and Portulans Institute. Calvin Chan Wai Meng | E+ | Getty Images Singapore’s economy expanded 5.7% year on year for the fourth quarter, driven mainly by a sharp increase in manufacturing output during the three months through December. The Ministry of Trade […]
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Asia-Pacific markets set to start 2026 on a mixed note
People celebrate the New Year at the Bank of China building in Central in Hong Kong, China, January 1, 2026. Lam Yik | Reuters Asia-Pacific markets are set to open mixed Friday to kick off the new year. All three major indexes in the U.S. pulled back on New Year’s Eve, but still clocked gains […]
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Yemen’s Aden airport shuts as Saudi-UAE rift deepens
A photograph shows damaged military vehicles, reportedly sent by the United Arab Emirates to support Southern Transitional Council (STC) separatist forces, following an air strike carried out by the Saudi-led coalition in the port of Mukalla, southern Yemen, on December 30, 2025. Stringer | Afp | Getty Images Flights at Yemen’s Aden international airport were […]
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Yum Brands’ India partners Sapphire, Devyani to merge, creating fast-food franchisee giant
Yum Brands logo Dado Ruvic | Reuters Sapphire Foods India said on Thursday it will merge with Devyani International, in a move that is likely to consolidate local franchisee partners of Yum Brands, the owner of KFC and Pizza Hut. The deal, first reported by the local Economic Times, comes as fast-food franchisees in India face slowing same-store […]
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Bernie Sanders and Ron DeSantis speak out against data center boom. It’s a bad sign for AI industry
Democratic Socialist Sen. Bernie Sanders and right-wing Gov. Ron DeSantis agree on virtually nothing. But they found common ground this year as leading skeptics of the artificial intelligence industry’s data center boom. The alignment of two national figures on the left and right signals that a political reckoning is brewing over the AI industry’s impact […]
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