Three men charged for smuggling billions in US AI technology to China
business Mar 20, 2026, 1:31 AM
Three men charged for smuggling billions in US AI technology to China
  • Federal prosecutors filed charges against three individuals linked to Supermicro for illegally exporting advanced AI technology to China.
  • The defendants allegedly used fake documentation and misled authorities while shipping over $2.5 billion worth of restricted technology.
  • This indictment highlights the ongoing tension and competition between the U.S. and China over technological dominance and legal compliance.
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Mitsubishi partners with Yami to tap into U.S. Asian goods market
business Mar 20, 2026, 1:00 AM
Mitsubishi partners with Yami to tap into U.S. Asian goods market
  • Mitsubishi Shokuhin, a major Japanese food wholesaler, has partnered with Yami, an e-commerce platform focused on Asian products.
  • Yami was founded in 2013 and now serves nearly four million registered customers in America.
  • The partnership aims to increase the accessibility of Japanese food brands to U.S. consumers, reflecting a growing interest in Asian goods.
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China boosts exports of intermediate goods while US diversifies sourcing
business Mar 20, 2026, 1:00 AM
China boosts exports of intermediate goods while US diversifies sourcing
  • Trade between the U.S. and China declined by 30% last year due to tariffs.
  • China is focusing on emerging economies for cheaper machinery instead of finished goods.
  • This restructuring of trade is expected to have long-lasting effects despite fluctuating tariffs.
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Vancouver International Airport named best in North America at Skytrax awards
business Mar 19, 2026, 2:37 PM
Vancouver International Airport named best in North America at Skytrax awards
  • Vancouver International Airport was ranked 10th overall in the Skytrax World Airport Awards 2026, the only North American airport in the top 20.
  • The airport is known for its cultural installations and high passenger satisfaction, despite some challenges with wait times.
  • This recognition highlights the airport's achievements in passenger service and community pride.
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Center Parcs opens doors to Scotland's first site, promising 1,200 jobs
business Mar 18, 2026, 3:07 PM
Center Parcs opens doors to Scotland's first site, promising 1,200 jobs
  • Construction has started on Center Parcs’ first site in Scotland, specifically near Hawick.
  • The £450 million project is anticipated to create around 1,200 jobs and attract approximately 350,000 visitors each year.
  • Approval of the project reflects a consensus for economic growth and highlights the potential for tourism development in the Scottish Borders.
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British Airways to resume flights to Melbourne after decades
business Mar 17, 2026, 10:30 AM
British Airways to resume flights to Melbourne after decades
  • British Airways will resume flights to Melbourne from London Heathrow in January 2027.
  • The airline is also returning to Colombo, Sri Lanka, starting in October 2026.
  • British Airways aims to grow its long-haul services and improve connectivity as the market evolves.
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Airlines cancel flights to Middle East amid escalating instability
business Mar 17, 2026, 9:57 AM
Airlines cancel flights to Middle East amid escalating instability
  • Various airlines have cancelled flights to cities in the Middle East due to ongoing instability.
  • Major airlines like Air Canada and Delta Airlines have specific routes affected until late March.
  • The cancellations reflect a precautionary response to heightened security concerns in the region.
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Elena Aragón Hernández carries on family tradition of mezcal production
business Mar 16, 2026, 2:02 PM
Elena Aragón Hernández carries on family tradition of mezcal production
  • Mezcal production in Oaxaca involves physically demanding labor that requires traditional techniques passed down through generations.
  • Agave, particularly the espadin species, is harvested and roasted underground to develop its distinct flavor.
  • Mezcal serves not just as a drink but is deeply embedded in the culture and hospitality practices of the region.
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Alibaba prepares to launch enterprise AI tool amid rising competition
business Mar 16, 2026, 10:06 AM
Alibaba prepares to launch enterprise AI tool amid rising competition
  • Alibaba is expected to launch a new enterprise offering powered by Qwen this week.
  • The demand for agentic AI continues to grow in China, with various companies developing their own tools.
  • Local firms are emerging as key competitors in the AI landscape, particularly given the absence of Western counterparts.
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Panama urges Cosco to resume operations amid US-China tensions
business Mar 14, 2026, 10:45 AM
Panama urges Cosco to resume operations amid US-China tensions
  • On March 13, Panama's government requested Cosco to reconsider its suspension of operations at Balboa port.
  • Cosco halted operations after a court annulled a contract allowing it to operate terminals in the canal.
  • The situation reflects the ongoing tensions between the US and China regarding oversight of the Panama Canal.
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Vinod Khosla invests $50 million in OpenAI after Musk hesitates
business Mar 13, 2026, 1:00 AM
Vinod Khosla invests $50 million in OpenAI after Musk hesitates
  • Vinod Khosla invested $50 million in OpenAI after Elon Musk hesitated on his commitment.
  • At the time of investment, OpenAI was a nonprofit with a valuation of $1 billion and no clear commercial model.
  • Khosla’s investment has since become highly valuable, reflecting the rapid growth of OpenAI.
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Europe has a chance to lead the next-generation AI market
business Mar 13, 2026, 1:00 AM
Europe has a chance to lead the next-generation AI market
  • Europe holds significant strengths in scientific talent, industrial knowledge, and ecosystems.
  • The Horizon Europe funding program supports collaborative research with a budget of €93.5–€95.5 billion.
  • Europe has the potential to capture over 25% of the global next-generation AI market by focusing on innovation and collaboration.
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Taiwan strengthens trade ties with Japan at Foodex 2026
business Mar 10, 2026, 7:46 AM
Taiwan strengthens trade ties with Japan at Foodex 2026
  • Minister Chen Junne-jih is leading a Taiwanese delegation at Foodex Japan 2026 in Tokyo, aimed at fostering international trade.
  • Taiwan's agricultural exports to Japan reached US$630 million in 2025, showcasing diverse products.
  • The participation in Foodex highlights Taiwan's commitment to boosting its agricultural sector's presence in foreign markets.
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China's exports soar despite US tariffs
business Mar 10, 2026, 4:26 AM
China's exports soar despite US tariffs
  • China's export growth in January and February 2026 reached over 20%, significantly exceeding economist predictions.
  • Trade with European countries and ASEAN nations saw notable increases, while exports to the U.S. decreased by more than 10% due to tariffs.
  • The current economic situation indicates that China's economy heavily relies on exports amidst domestic challenges.
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Taiwan showcases technological partnerships at MWC Barcelona 2026
business Mar 9, 2026, 8:46 AM
Taiwan showcases technological partnerships at MWC Barcelona 2026
  • The Ministry of Economic Affairs organized the Taiwan pavilion at MWC Barcelona 2026.
  • Taiwanese companies engaged in partnerships with counterparts from Europe, Japan, and the U.S.
  • The event illustrates Taiwan's commitment to being a key player in the next-generation communications industry.
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Shein invests billions to strengthen ties in China amidst global scrutiny
business Mar 9, 2026, 1:00 AM
Shein invests billions to strengthen ties in China amidst global scrutiny
  • Shein announced plans to invest over 10 billion yuan in its local supply chain in Guangdong, China.
  • The company is part of a trend of Chinese firms relocating to Singapore for better access to global markets while distancing from Chinese regulations.
  • Experts suggest that the increased transparency in corporate backgrounds is diminishing the effectiveness of Singapore-washing strategies.
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Hong Kong company demands $2 billion for illegal port takeover in Panama
business Mar 7, 2026, 7:15 AM
Hong Kong company demands $2 billion for illegal port takeover in Panama
  • The Panamanian government seized control of Balboa and Cristobal ports after a Supreme Court ruling deemed the existing concession unconstitutional.
  • The Panama Ports Company, affected by this takeover, is seeking $2 billion in damages through international arbitration.
  • This situation reflects escalating tensions between Panama, international companies, and geopolitical concerns regarding foreign control over important trade routes.
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China plans to increase imports to address trade surplus
business Mar 7, 2026, 6:00 AM
China plans to increase imports to address trade surplus
  • China plans to address its projected US$1.2 trillion trade surplus through increased imports.
  • Mr. Wang Wentao emphasized the importance of rebalancing trade and boosting domestic consumption.
  • The initiative aims to enhance international trade relationships and stimulate the domestic market.
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Emirates and Etihad resume select flights to the UK amid chaos
business Mar 6, 2026, 12:54 PM
Emirates and Etihad resume select flights to the UK amid chaos
  • Emirates and Etihad have begun a limited number of flights to the UK.
  • Thousands of flights were cancelled in the Middle East, stranding many travelers.
  • The recent flight resumption aims to assist those affected by the disruptions.
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Middle East tensions disrupt South African fresh produce exports
business Mar 5, 2026, 5:14 PM
Middle East tensions disrupt South African fresh produce exports
  • Rising tensions in the Middle East are causing significant disruptions for South African fresh produce exports.
  • Exporters Western Cape reports that shipping lines are suspending services or rerouting vessels, negatively impacting trade flows.
  • The situation necessitates urgent governmental engagement to mitigate potential losses for exporters.
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Regulators expedite mobile number portability in Channel Islands
business Mar 3, 2026, 2:22 PM
Regulators expedite mobile number portability in Channel Islands
  • Regulators in the Channel Islands confirmed an expedited timeline for mobile number portability.
  • The new changes, effective by March 17, 2026, aim to enhance consumer choice in switching providers.
  • This regulatory move is intended to boost competition in the telecommunications market.
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Supply chain crises unfold as Strait of Hormuz closure impacts Singapore firms
business Mar 3, 2026, 8:45 AM
Supply chain crises unfold as Strait of Hormuz closure impacts Singapore firms
  • Singaporean businesses are facing supply chain disruptions due to escalating Middle East conflicts.
  • The Strait of Hormuz has been effectively closed following recent attacks on Iran, leading to increased oil prices.
  • These disruptions pose a significant challenge for Singapore's trade-dependent economy and its SMEs.
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Ryanair expands summer flight routes from UK airports for 2026
business Feb 27, 2026, 12:33 PM
Ryanair expands summer flight routes from UK airports for 2026
  • Ryanair has announced six new summer routes from various UK airports for 2026.
  • Glasgow airport will offer two new routes to London Stansted and Warsaw Modlin, along with increased frequencies to Malaga and Krakow.
  • The expansion reflects Ryanair's commitment to providing affordable travel options and meeting traveler demand.
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Meta plans a renewed push into cryptocurrency with a new stablecoin
business Feb 27, 2026, 1:00 AM
Meta plans a renewed push into cryptocurrency with a new stablecoin
  • Meta's renewed interest in cryptocurrency involves seeking proposals from financial firms such as Stripe.
  • The previous project, Libra, was meant to launch a stablecoin but was hindered by political backlash and public trust issues.
  • Given the current acceptance of stablecoins, Meta's new strategy is expected to generate less controversy.
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SingPost holds tariff at 10% while awaiting Trump's decision
business Feb 26, 2026, 5:58 PM
SingPost holds tariff at 10% while awaiting Trump's decision
  • SingPost will maintain a 10% tariff on goods sent to the US until a higher rate is formally instated.
  • This tariff situation follows a US Supreme Court ruling against previous tariffs invoked under the IEEPA.
  • SingPost is actively monitoring the tariff situation and will provide updated information as necessary.
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UK manufacturers stay optimistic despite global trade challenges
business Feb 25, 2026, 12:01 PM
UK manufacturers stay optimistic despite global trade challenges
  • UK manufacturers are facing complex challenges such as shifting tariffs and customs requirements in global trade.
  • A significant majority of manufacturers remain optimistic about the UK's trade prospects, with many adapting their strategies to promote their British heritage.
  • Despite the challenges, demand for UK goods remains strong, and businesses are poised for growth with the right logistics support.
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Swedish train company launches new route connecting major Scandinavian cities
business Feb 25, 2026, 11:50 AM
Swedish train company launches new route connecting major Scandinavian cities
  • Snälltåget is launching a long-distance train route on June 15, 2026, connecting Malmöl, Gothenburg, and Oslo.
  • The journey will take approximately six and a half hours, with daily departures and several significant stops along the way.
  • This new train route enhances travel options for passengers and reinforces connectivity between major Scandinavian cities.
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Japan's new luxury train connects tourists to sacred Koyasan
business Feb 25, 2026, 10:40 AM
Japan's new luxury train connects tourists to sacred Koyasan
  • Nankai Electric Railways will launch the Gran Tenku luxury train from Osaka to Koyasan on April 24, 2026.
  • The train features four distinct cars, including a car serving gourmet meals by chef Atsushi Motokawa.
  • The Gran Tenku launch aims to promote rural tourism in Japan and attract visitors to historic sites like Koyasan.
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Taiwan and Singapore strengthen ties with renewed tax agreement
business Feb 24, 2026, 8:46 AM
Taiwan and Singapore strengthen ties with renewed tax agreement
  • Taiwan's Ministry of Foreign Affairs welcomed the double taxation elimination agreement with Singapore which takes effect on January 1, 2027.
  • The agreement is expected to enhance bilateral investments and optimize tax regulations between the countries.
  • The pact represents a pivotal development, reflecting the strong economic relationship between Taiwan and Singapore, which has been growing since 1981.
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Ambassador Cruise Line launches Portsmouth sailings in April 2026
business Feb 24, 2026, 7:50 AM
Ambassador Cruise Line launches Portsmouth sailings in April 2026
  • Ambassador Cruise Line is set to launch its first season of sailings from Portsmouth in April 2026.
  • The adult-only cruise line will provide eight itineraries through 2027, including a route to Belgium, France, and Holland.
  • This expansion enhances options for cruise passengers in the south of England, promoting convenience and easy access.
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Air Canada resumes flights to Mexico amid safety improvements
business Feb 24, 2026, 4:38 AM
Air Canada resumes flights to Mexico amid safety improvements
  • Air Canada is resuming flights to Puerto Vallarta, Mexico, starting February 24, 2026.
  • This decision comes after previous cancellations due to widespread violence affecting the region.
  • The announcement suggests a recovery in safety and travel confidence, beneficial for tourism.
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Mark Carney arrives in Australia for pivotal trade discussions
business Feb 24, 2026, 2:55 AM
Mark Carney arrives in Australia for pivotal trade discussions
  • Canadian Prime Minister Mark Carney is set to visit Australia in March 2026, marking his first official trip.
  • This visit will focus on enhancing trade ties, with investments exceeding $240 billion between the two nations.
  • The discussions aim to explore new collaboration opportunities that could benefit both countries' economies.
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