NEWS

The New Oil: How the 2026 Rare Earth Shock Is Reshaping the Global Economy

The New Oil: How the 2026 Rare Earth Shock Is Reshaping the Global Economy

By Cygnus | 09 Jan 2026

Japan launches a 6,000m deep-sea mission as China restricts rare earth exports. Discover how the 2026 “New Oil” crisis is redefining global high-tech trade.

IAG Appoints Insider José Antonio Barrionuevo as New Group CFO

IAG Appoints Insider José Antonio Barrionuevo as New Group CFO

By Axel Miller | 09 Jan 2026

IAG appoints British Airways finance chief José Antonio Barrionuevo as its next Group CFO, signalling leadership continuity as Nicholas Cadbury steps down.

CCI Defends Global Turnover Penalty Framework in Apple Antitrust Case

CCI Defends Global Turnover Penalty Framework in Apple Antitrust Case

By Cygnus | 09 Jan 2026

India’s competition regulator defends its global turnover–based penalty framework in court as Apple challenges potential antitrust fines under amended law.

Ashok Leyland Sets Sights on Global Top 10 as It Opens New EV Plant in Uttar Pradesh

Ashok Leyland Sets Sights on Global Top 10 as It Opens New EV Plant in Uttar Pradesh

By Axel Miller | 09 Jan 2026

Ashok Leyland opens a new EV manufacturing plant in Lucknow, aligning with green mobility goals as it targets global growth and industrial expansion in Uttar Pradesh.

Oil Heads for Third Weekly Gain as Geopolitical Risks Lift Prices

Oil Heads for Third Weekly Gain as Geopolitical Risks Lift Prices

By Cygnus | 09 Jan 2026

Oil prices head for a third weekly gain as geopolitical tensions involving Venezuela and Iran raise supply concerns, offsetting last year’s global surplus.

Musk’s xAI to Invest Record $20 Billion in Mississippi “MACROHARDRR” Data Center

Musk’s xAI to Invest Record $20 Billion in Mississippi “MACROHARDRR” Data Center

By Axel Miller | 09 Jan 2026

Meta Description Elon Musk’s xAI confirms a record $20B investment in the MACROHARDRR data center in Southaven, MS. Learn about the 2GW power plan, Q3 financial burn, and local environmental pushback.

Akasa Air Joins IATA, Becomes Fifth Active Indian Airline in Global Body

Akasa Air Joins IATA, Becomes Fifth Active Indian Airline in Global Body

By Cygnus | 09 Jan 2026

Akasa Air joins IATA after clearing the IOSA safety audit, becoming the fifth active Indian airline in the global aviation body as it continues rapid expansion.

BMW to Launch New EVs in India After Record 2025 Sales

BMW to Launch New EVs in India After Record 2025 Sales

By Axel Miller | 09 Jan 2026

BMW Group India plans to launch three new electric vehicles in 2026 after record sales growth in 2025, doubling down on battery-electric cars and charging infrastructure.

UK Lawmakers Urge New Powers for Bank of England to Probe Private Market Risks

UK Lawmakers Urge New Powers for Bank of England to Probe Private Market Risks

By Cygnus | 09 Jan 2026

UK lawmakers urge new data-gathering powers for the Bank of England to assess risks in private credit and equity markets.

GM to Take $6 Billion Writedown as It Scales Back EV Ambitions Amid Policy Shift

GM to Take $6 Billion Writedown as It Scales Back EV Ambitions Amid Policy Shift

By Axel Miller | 09 Jan 2026

GM announces a $6 billion writedown tied to scaling back EV production and canceling supplier contracts amid shifting demand and policy changes.

Johnson & Johnson Cuts Drug Prices to Secure Tariff Exemptions in Trump Deal

Johnson & Johnson Cuts Drug Prices to Secure Tariff Exemptions in Trump Deal

By Cygnus | 09 Jan 2026

Johnson & Johnson agrees to cut U.S. drug prices in exchange for tariff relief from the Trump administration and plans new factories in North Carolina and Pennsylvania.

NSE and IGX Explore Launch of Indian Natural Gas Futures to Boost Price Discovery

NSE and IGX Explore Launch of Indian Natural Gas Futures to Boost Price Discovery

By Cygnus | 08 Jan 2026

NSE and IGX announce plans for India's first domestic natural gas futures. Discover how this benchmark will stabilize energy costs for the CGD and industrial sectors.

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