Washington, January 10, 2026 – U.S. President Donald Trump announced on Friday that he is calling for a one-year cap on credit card interest rates at 10%, starting January 20, 2026. The move, shared via social media platform Truth Social, comes amid growing concerns from lawmakers and consumer advocates about high credit card rates. However,

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January 10, 2026 – New York – Retail giant Walmart (WMT.O) will officially replace British pharmaceutical company AstraZeneca (AZN.L) in the Nasdaq-100 Index on January 20, 2026, the Nasdaq exchange operator (NDAQ.O) announced on Friday. The move follows Walmart’s decision to shift its long-time listing from the New York Stock Exchange (NYSE) to its main

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London, January 9, 2026 – Wall Street advisers are scrambling to secure lucrative roles in Rio Tinto’s potential acquisition of Glencore, a deal that could create the world’s largest mining company valued at over $200 billion. If completed, banks involved in advising on the merger could collectively earn more than $100 million in fees, sources

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Jakarta, January 10, 2026 – Indonesia has become the first country to temporarily block access to Elon Musk’s Grok chatbot, citing concerns over AI-generated sexualized content, including depictions involving minors. The move reflects growing global scrutiny of artificial intelligence tools and the potential for harmful or illegal content to be produced online. The Indonesian government’s

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Reliance Jio Platforms, the telecom unit of Mukesh Ambani’s Reliance Industries, is reportedly planning an initial public offering (IPO) in 2026 that could float 2.5% of the company, according to people familiar with the matter. This IPO is poised to become India’s most anticipated and potentially largest-ever public offering, raising more than $4 billion. The

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Luxury retailer Saks Global is reportedly preparing to file for Chapter 11 bankruptcy as early as Sunday, according to Bloomberg News. The company, which owns the iconic Saks Fifth Avenue flagship store in New York, has not finalized a restructuring plan but hopes to do so in the coming weeks. This potential bankruptcy filing marks

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Shares of billionaire Michael Saylor’s Strategy (formerly MicroStrategy) rose on Wednesday after index provider MSCI shelved a proposal to exclude bitcoin-holding companies and other crypto treasury firms from its global benchmarks. Background: Digital Asset Treasury Companies These companies, often called DATCOs (Digital Asset Treasury Companies), surged in popularity in 2025. They hold cryptocurrencies such as

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World Liberty Financial, a cryptocurrency venture backed by the family of former U.S. President Donald Trump, announced that its subsidiary WLTC Holdings has filed an application with U.S. banking regulators to establish a national trust bank focused on stablecoin operations. The move follows a trend among major cryptocurrency firms seeking regulatory approval to integrate digital

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The Federal Communications Commission (FCC) has granted approval for SpaceX to deploy an additional 7,500 second‑generation Starlink satellites, expanding the company’s global satellite broadband network and boosting internet connectivity options worldwide. This approval marks a major step in the expansion of SpaceX’s Starlink constellation and reflects growing demand for satellite-based internet services. Expansion of Starlink

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Andreessen Horowitz (a16z) has raised more than $15 billion across five new funds, less than two years after its previous fundraising round, signaling strong investor demand for technology startups amid the rapid adoption of artificial intelligence (AI) and growth in defense-related technologies. Fund Breakdown and Strategic Focus The venture capital giant disclosed the following allocations

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