Business news
- Big Tech’s AI data center push is spawning a new heat economy - AI’s energy problem may also be its solution, as cities are increasingly exploring opportunities to repurpose excess heat from data centers.
- Chinese tech giant Tencent plots Middle East cloud expansion as spending in the region booms - Tencent's expansion will likely put it into more direct competition with U.S. giants including Amazon, Microsoft and Google.
- India and European Union have closed a 'landmark' free trade deal, Prime Minister Modi says - Goods traded between India and the EU in 2024 amounted to over 120 billion euros (about $140 billion), making it New Delhi's largest trading partner.
- South Korea scrambles to pass U.S. investment bill after Trump threatens higher tariffs - The bill aims to establish a state-run investment corporation and fund to manage Seoul's planned $350 billion investment pledge to Washington.
- Asia markets seeing 'unbelievable' rush of capital, driving equity rallies and IPO frenzy - Asian equity markets are commanding global investor attention on the back of an IPO surge and rising cross-border, said JPMorgan and Goldman Sachs.
- China's industrial profits rise 0.6% in 2025, accelerating in December as output expands despite weak demand - EconomyChina's industrial profits rise 0.6% in 2025, accelerating in December as output expands despite weak demandPublished Mon, Jan 26 20269:05 PM ESTAnniek B
- Microsoft's plans for 15 more data centers win approval at former Wisconsin Foxconn site - Microsoft intends to expand in a place where it's been welcomed, months after backing down on a rezoning attempt in an adjacent village when residents objected.
- Health insurers tumble after Trump administration proposes keeping Medicare Advantage rates flat next year - Shares of large Medicare plan providers Humana, CVS Health and UnitedHealth Group plunged in extended trading.
- Trump says tariffs on South Korean autos, pharma, lumber to rise to 25% over trade deal enaction delay - South Korean-based automaker Hyundai Motor is the largest importer of new vehicles from that country into the United States.
- TikTok uninstalls are up 150% following U.S. joint venture - TikTok's daily average U.S. app uninstalls have increased nearly 150% over the past five days compared to the previous three months, Sensor Tower told CNBC.