- Trump Demands Defense Companies Stop Buybacks and Dividends January 7, 2026President Donald Trump said he wouldn’t allow defense companies to issue dividends or buy back their own stock until they invest more in production and research, comments that triggered a selloff across the sector.
- Holders of $895-a-Year AmEx Card Are Rushing to Spend Saks Perk January 7, 2026American Express card holders and other shoppers are hurrying to spend store credits and gift cards at Saks Fifth Avenue as the cash-strapped retailer heads toward a potential bankruptcy restructuring.
- Zadeh Kicks Founder Sentenced to 70 Months for Sneaker Fraud January 7, 2026The founder of sneaker reseller Zadeh Kicks was sentenced to almost six years in prison for a fraud conspiracy that led to the infamous collapse of the online platform and $80 million in losses for customers and financial institutions.
- Eisler Lost 14.3% Last Year as Hedge Fund Firm Closed Down January 7, 2026Losses at Eisler Capital deepened last month, according to an investor letter from the now-closed multistrategy hedge fund firm.
- Millicom Shows Interest in Buying Telefonica’s Chile Unit January 7, 2026Millicom International Cellular SA has signaled interest in bidding for Telefonica SA’s Chilean unit to start offering its services in the country, according to people familiar with the matter.
- Synthetic mint dents India's grip on global mentha market January 7, 2026India's natural mentha oil industry faces a crisis. Exports and production have fallen significantly. Synthetic mint, a cheaper lab-grown alternative, is flooding markets. Farmers are shifting to other crops as demand for natural mentha wanes. Bulk buyers now prefer the synthetic version for its consistent quality and lower cost. This trend threatens th […]
- Cotton imports zoom as traders reap zero duty window benefit January 7, 2026In an unprecedented move, India has brought in three million cotton bales during the December quarter, spurred by a newly established duty-free window. This influx can be attributed to declining domestic yields and crop damage affecting quality. With projections indicating sustained high imports through FY26, mills have fortified their inventories of cotton, […]
- India must rein in imports, push exports: Nitin Gadkari January 7, 2026India aims to be the world's third-largest economy. Minister Nitin Gadkari stated this requires reducing imports and boosting exports. He highlighted converting agricultural waste into a national resource. This process can cut pollution from crop burning. It also strengthens the circular economy. Blending 15% with agro-waste can save foreign exchange. T […]
- Leather exports hit by US tariffs: Industry tells Parl panel January 7, 2026The Indian leather industry met with a Parliamentary Standing Committee on Commerce, highlighting that 50% US tariffs are significantly harming exports and impacting the sector's competitiveness. They urged for bilateral engagements to address trade barriers and requested policy and diplomatic support to mitigate socio-economic consequences.
- Piyush Goyal invites Liechtenstein investment in India January 7, 2026Commerce Minister Piyush Goyal urged Liechtenstein companies to invest in India, leveraging the India-EFTA trade pact for expansion. He highlighted India's scale, talent, and manufacturing depth, complementing Liechtenstein's specialized industrial and financial expertise. The minister encouraged collaboration to build resilient value chains and a […]
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