Business

An Investopedia scan found more than $110 million wagered across 20 geopolitically linked contracts on Polymarket and Kalshi, and a Polymarket question about a possible U.S. invasion of Venezuela has generated over $10.5 million in trading volume.

A Nova Scotia community has organized fundraisers and a raffle to support the family of a 13-year-old boy who died after an attack by three large-breed dogs; RCMP said the dogs were euthanized and no charges have been laid.

MSCI said it will maintain current index treatment for digital asset treasury companies and will launch a broader consultation on how to treat non-operating or investment-oriented entities; the article says Strategy, which holds over $60 billion in Bitcoin, will remain in MSCI indexes and its shares rose about 5% in after-hours trading.

Ubisoft announced it has closed its Halifax studio and said 71 positions were impacted; the move was announced about one month after 61 of 71 workers voted to unionize.

A global study from the IBM Institute for Business Value and the National Retail Federation reports that 72% of surveyed consumers still shop in stores while 45% use AI during their buying journeys; many use AI to research products, interpret reviews, and hunt for deals.

The Singapore Food Agency will replace the current A–D annual grading system with the Safety Assurance for Food Establishment (SAFE) framework, covering about 45,000 licensed food establishments; rollout begins in phases from 19 January 2026.

China criticized a U.S. announcement that Venezuelan oil shipments bound for China could be rerouted after Washington said it would import up to $2 billion of embargoed crude, and global oil prices fell about 1%.

The Saudi-backed Presidential Leadership Council said it removed Aidarous al-Zubaidi from membership and referred him to the public prosecutor on charges including high treason after he did not board a flight to Riyadh for Saudi-brokered talks; a Saudi-led coalition spokesman said it launched preemptive strikes after Zubaidi mobilized armed units.

The article mentions Rothschild & Co Redburn initiated coverage of Societe Generale and said its investment-banking focus could benefit from the EU's Savings and Investments Union; the article reports SocGen has risen 159% over the past 12 months.

Above Food expects to file audited financial results for the fiscal year ended January 31, 2025 before the end of January 2026 and says a significant portion of the audit work is complete with no known audit issues; the company has received a Nasdaq staff determination letter and requested the standard 180‑day extension.

An S&P Global survey showed the housebuilding subindex fell to 33.5 in December, its weakest since early 2020, while the overall construction PMI was 40.1, indicating continued contraction.

Marubeni has acquired Jacobson Group, owner of Gola and other footwear brands, and said its U.S. consumer unit RG Barry will run the portfolio; financial terms were not disclosed.

Brandon Fisher filed a $10 million lawsuit in Oregon alleging Boeing tried to shift blame onto the flight crew after a midflight panel loss; the NTSB reported the aircraft left Boeing's facility missing bolts that would have secured the door plug.

Edmunds ranked five affordable cars and SUVs for 2026, weighing base price, fuel economy and safety ratings. The article highlights the Honda Civic, Toyota Camry and Hyundai Kona among its top choices.

Sources close to the White House told CNBC that Venezuela will supply an initial 30–50 million barrels of previously sanctioned oil to be sold at market prices, and that sales would continue indefinitely while U.S. sanctions would be rolled back; the report said some shipments originally bound for China would be rerouted to the U.S.

Prime Minister Mark Carney will visit China next week to meet President Xi Jinping and discuss trade, energy, agriculture and security as Ottawa seeks to rebuild ties; recent reciprocal tariffs with China and US tariff measures have affected Canada’s trade landscape.

The White House is planning a meeting between President Trump, senior officials and energy executives to discuss enlisting Western firms to rebuild Venezuela's oil industry; timing is fluid and companies have raised political and security concerns.

Warner Bros. Discovery's board again recommended shareholders reject Paramount Skydance's hostile offer, saying the amended proposal provides insufficient value and carries financing uncertainty, and reiterated that a negotiated deal with Netflix remains its preferred outcome.

Some U.S. retailers say Amazon's Shop Direct feature and its 'Buy for Me' agent listed and sometimes purchased items from their sites without permission, and Amazon removed some listings after retailers asked for them to be taken down.

More than 350,000 passengers have had flights to and from Amsterdam Schiphol cancelled, and KLM reports its supplies of de-icing fluid are under pressure.

Following a reported U.S. operation that led to Nicolás Maduro's capture, President Trump has emphasized additional foreign objectives; polls cited in the article show limited public support for the Venezuela action while many Americans list the economy as their top concern.

Traders and analysts say Chinese independent refiners are expected to turn to heavy crude from Iran and other sources after Venezuelan shipments to China stopped; barrels already at sea could cover about 75 days of Chinese demand.

A box truck overturned near the 120-mile marker on the Indiana Toll Road late Monday; the 45-year-old driver was pronounced dead and a male passenger received minor injuries.

Eurozone annual inflation eased to 2.0% in December from 2.1% in November, matching the European Central Bank's target and economists' expectations; services inflation also slowed and the ECB has said policy remains in a "good place."

Bank of America says a 20-year 'casualization' trend has peaked and has downgraded Adidas, forecasting slower organic sales growth.

Britain's Financial Conduct Authority fined former Carillion finance chiefs Richard Adam (232,800 pounds) and Zafar Khan (138,900 pounds) for issuing misleading statements after they dropped their appeals.

Global demand for copper is rising because of electric vehicles, clean-energy projects and data centers, while recent mine outages, slower discovery of new deposits and trade disruptions have tightened supply and pushed prices to record levels.

Ohio faces growing electricity demand from data centers and AI facilities, and the Ohio House has passed a bill to expand community energy programs that is now under consideration in the Senate.

Martina Navratilova asked the International Criminal Court to sanction the U.S. after President Trump ordered the arrest of Nicolás Maduro; reports say Maduro is detained and awaiting a first hearing in Brooklyn.

Experts warn that U.S. political interest in Greenland’s rare-earth deposits is commercially impractical because of low ore grades, harsh conditions and continued reliance on Chinese processing, while markets have pushed up shares of companies with Greenland exposure.