Economy
Sizzler Readies Australian Return Six Years On
After a six-year absence, Sizzler, the beloved family-friendly steakhouse, is set to reopen in Australia, beginning with a new location at Sydney Airport.
Singapore’s CPF Board to Launch New Life-Cycle Investment Scheme in 2028
Singapore’s Central Provident Fund (CPF) Board will introduce a new, simplified ‘life-cycle’ investment scheme in 2028, aimed at offering low-cost, diversified options for members seeking higher retirement savings returns.
Valentine’s Day 2026: Record Spending Forecast as Consumers Seek Value Amid Price Hikes
Valentine’s Day 2026 is projected to see record spending of $29.1 billion in the U.S., despite rising prices for key gifts like candy and dining out. Consumers are actively seeking deals and unique experiences to celebrate, with businesses responding with…
Cancun Flights: New Routes and Deals Drive Record Demand in Early 2026
Cancun has seen a significant surge in international passenger traffic, recording its second busiest January ever in 2026. This growth is fueled by new direct flight options from Breeze Airways and attractive package deals offered by Virgin Atlantic, making the…
Nuveen Agrees to Acquire UK’s Schroders, Forming $2.5 Trillion Manager
Nuveen, LLC has announced an agreement to acquire UK-based asset manager Schroders plc for approximately £9.9 billion, a move set to create one of the world’s largest active global asset management firms with nearly $2.5 trillion in combined assets under…
Amazon Reports Record Year Amid Layoffs, Quality Scrutiny
Amazon’s CFO confirmed a record financial year despite mass layoffs, as the company faces increasing consumer concerns over product quality and the sale of used items on its platform.
AMP Shares Plunge Despite Robust 2025 Financial Performance
AMP Limited’s stock fell by nearly 30% on February 12, 2026, immediately following the announcement of a 21% increase in underlying net profit for the second half of 2025, sparking investor concerns over future growth.
Fixed Charges: Australia’s Energy Bill Debate Intensifies Amid AEMC Proposal
Australian energy consumers and advocates are bracing for potential significant changes to electricity bills as the Australian Energy Market Commission (AEMC) considers increasing fixed network charges, sparking widespread opposition ahead of a crucial submission deadline.
Northern Virginia Launches National IQ, Prioritizing Fintech Innovation
Northern Virginia officially launched its National Innovation Quarter (National IQ) on February 11, 2026, aiming to accelerate tech development and economic growth, with a specific focus on fintech, climate tech, and dual-use technologies.
HESTA Bolsters Cybersecurity Amid Leadership Transition After Outage Scrutiny
HESTA is intensifying its focus on cybersecurity and risk management as CEO Debby Blakey prepares to step down, following an outage that drew scrutiny from the Australian Prudential Regulation Authority (APRA).
BMW Recalls 575,000 Vehicles Over Starter Motor Fire Hazard
BMW has initiated a global recall affecting approximately 575,000 vehicles due to a potential fire risk stemming from excessive wear in the starter motor’s magnetic switch, prompting safety advice for owners.
Saks Global Announces Store Closures Amid Luxury Retail Realignment
Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, is closing nine stores and 14 personal styling locations following a recent bankruptcy filing, signaling a significant shift in the luxury department store sector. This move comes as…
Scoot’s Post-Cancellation Measures Under Scrutiny Following Feb 9 Incident
Budget carrier Scoot faced scrutiny over its post-cancellation measures after Flight TR497 from Kuala Lumpur to Singapore on February 9, 2026, was grounded due to a technical fault, leaving over 200 passengers stranded and prompting concerns about airline communication and…
US Labor Department’s 2025 Jobs Data Revision Reshapes Economic Outlook for Forex Traders
The U.S. Bureau of Labor Statistics drastically revised its 2025 payroll numbers, revealing significantly slower job growth than previously reported. This benchmark revision, alongside the delayed January 2026 jobs report, is providing crucial new data points for forex traders monitoring…
Zara’s Rapid Super Bowl Merchandising Marks New Retail Phase
Zara quickly converted Bad Bunny’s viral Super Bowl performance outfit into immediate in-store merchandise, showcasing a pivotal shift in fashion retail towards instant sales conversion from cultural moments.