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BYD posts slowest annual sales growth in 5 years, but China’s EV giant is still set to outsell Tesla for the first time

2 January 2026 No Comments

BYD’s sales growth fell to 7.7% in 2025 as growing domestic competition in China’s saturated car market sapped momentum at the EV giant. It’s the slowest pace of growth for…

Behind glam luxury brands Michael Kors and Jimmy Choo lurks a troubled holding company losing millions

2 January 2026 No Comments

In September 2018, the CEO of what was then Michael Kors Holdings delivered thrilling news to investors. The company had agreed to acquire the storied Italian fashion house Versace from…

Behind glam luxury brands Michael Kors and Jimmy Choo lurks a troubled holding company losing millions

2 January 2026 No Comments

Capri CEO John Idol’s fashion powerhouse of Michael Kors, Versace and Jimmy Choo was supposed to rival LVMH. Seven years in, the company lost $1 billion in 2025 and revenues…

Quran used to swear in New York City’s mayor for the first time in history as Zohran Mamdani takes office

2 January 2026 No Comments

Incoming Mayor Zohran Mamdani took his midnight oath of office on a centuries-old Quran, marking the first time a mayor of New York City uses Islam’s holy text to be…

Mamdani vows to ‘govern as a democratic socialist’ for every construction worker, halal cart vendor and spice-wielding cook in New York City

2 January 2026 No Comments

Zohran Mamdani became mayor of New York City on Thursday, taking over one of the most unrelenting jobs in American politics with a promise to transform government on behalf of…

Feds are hunting teenage hacking groups like ‘Scattered Spider’ who have targeted $1 trillion worth of the Fortune 500 since 2022

1 January 2026 No Comments

The job posts don’t immediately raise alarms, even though they’re clearly not for tutoring or babysitting. “Female candidates are a PRIORITY, even if you aren’t from US, if you do…

Copper records biggest annual gain since 2009 on supply bets

31 December 2025 No Comments

Copper had its best year since 2009, fueled by near-term supply tightness and bets that demand for the metal key in electrification will outpace production. The red metal has notched…

Gold and silver stumble at the end of best year since the 1970s

31 December 2025 No Comments

Gold and silver fell on the last trading day of 2025, though both remained on track for the biggest annual gain in more than four decades as a banner year…

Dollar set for worst year since 2017 with Fed drama center stage

31 December 2025 No Comments

The dollar is poised for its sharpest annual retreat in eight years and investors say more declines are coming if the next Federal Reserve chief opts for deeper interest-rate cuts…

Canadian stocks set record for records in ‘jaw-dropping’ year

31 December 2025 No Comments

It makes little sense, when viewed from early April, that Canadian equities are closing out their second-best year this century. Donald Trump had just unleashed the harshest tariffs since The…

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