Latest in German defence groups turn to car supplier layoffs to meet soaring demand
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Taiwan lawmakers risk alienating Trump with defence funds freeze
US president has claimed Washington is providing ‘insurance’ for TaipeiFinancial Times - Jan. 21 -
Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos
Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990ABC News - Jan. 19 -
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Last orders? Soaring costs and declining demand take toll on Japan’s legendary izakaya
Ramen restaurants also struggling as Japan’s culinary landscape faces economic challenges and changing customer behaviour. In the bowels of a commercial building in Tokyo’s Shinbashi neighbourhood ...The Guardian - Jan. 18 -
The Trevor Project to undergo layoffs and restructuring in major ‘transformation’
The Trevor Project, a national LGBTQ youth suicide prevention and crisis intervention organization, announced Friday that it will undergo a “transformation” that will include layoffs and ...NBC News - Jan. 17 -
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Littler opens Bahrain Masters title defence with win
Newly crowned world champion Luke Littler starts his Bahrain Masters title defence with a 6-3 victory against Lourence Ilagan in Sakhir.BBC News - Jan. 16 -
Managers roll out record number of defence funds in Asia-Pacific
A total of 15 military-themed funds launched in the region in 2024 compared with just one in 2023Financial Times - Jan. 16 -
Meta to Cut 5% of Its Workers in New Round of Layoffs
The layoffs come as Mark Zuckerberg pushes to remake his company for the Trump era and prepares to co-host a gala for the president-elect’s inauguration.The New York Times - Jan. 14 -
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Asset managers turn to defensive positioning as equity prices soar
Elevated level of stocks and prospect of higher for longer rates have some firms sending up caution flaresFinancial Times - Jan. 13 -
'Feels like home' - Sabalenka starts title defence with win
Aryna Sabalenka opens her Australian Open title defence with a straight-set victory over American Sloane Stephens.BBC News - Jan. 12 -
Family's abandoned train car turned Airbnb brings in up to $110,000 a year: 'Our dreams were surpassed'
Isaac French and his family converted a 1909 train car into an Airbnb that earned about $110,000 in 2024.CNBC - Jan. 11 -
FDA finds little handwashing, dirty equipment at McDonald's supplier linked to outbreak
More than a hundred E. coli cases were linked to contaminated onions produced by Taylor Farms used in McDonald's burgers.CBS News - Jan. 10 -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - Jan. 10 -
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Ronnie O’Sullivan abandons Masters snooker title defence on health grounds
Neil Robertson replaces 2024 winner at Alexandra Palace O’Sullivan had withdrawn from Championship League Reigning champion Ronnie O’Sullivan has withdrawn from the upcoming Masters snooker ...The Guardian - Jan. 10 -
Under Shadow of Planned Tariffs, Auto Suppliers Rethink Production Plans
From the sidelines of CES 2025, global car parts suppliers ponder the consequences of Trump’s threatened import duties.Inc. - Jan. 9 -
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China steps up defence of renminbi against Wall Street bets
Currency softens over weakness in world’s second-largest economy and fear of Trump tariffsFinancial Times - Jan. 9 -
Meta’s factchecking partners brace for layoffs
Meta has provided over $100m for certified organizations to conduct factchecks on its platforms since 2016. Mark Zuckerberg’s decision to end factchecking on Facebook and Instagram in the US ...The Guardian - Jan. 8 -
Panama Canal CEO Says Meeting Trump's Demands 'Will Lead to Chaos'
The canal executive said China doesn’t control route and U.S. ships can’t get better rates than others.The Wall Street Journal - Jan. 8 -
Flying taxis are on the horizon as aviation soars into a new frontier
When he was still a boy making the long, tedious trips between his school and his woodsy home in the mountains during the 1980s, JoeBen Bevirt began fantasizing about flying cars that could whisk ...ABC News - Jan. 8 -
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Alaba back in Madrid squad after year-long layoff
David Alaba has returned to the Real Madrid squad ahead of the Spanish Supercopa semifinal against Mallorca following a year-long layoff due to injury.ESPN - Jan. 7 -
How Nato will hold European capitals to higher defence spending promises
Also in this newsletter: The countries breaking EU law by ignoring green deadlinesFinancial Times - Jan. 7 -
Indian investors rush into highly valued defence stocks
Asset managers have launched specialist funds as push for domestic armaments sends share prices soaringFinancial Times - Jan. 7 -
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Lionesses approach Euro 2025 defence with more questions than answers
Wiegman’s England tread a very different road this year, with squad berths and even the side’s system up for debate. How do you prepare to scale Everest three years after reaching the summit? You ...The Guardian - Jan. 4 -
'My son thinks I'm mad' - meet the woman who owns 50 classic cars
Jane Weitzmann has a collection of 50 classic cars at home and freely admits it's an obsession.BBC News - Jan. 4 -
Europe readies for scattergun defence-spend bonanza
Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spreadFinancial Times - Jan. 4 -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
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