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Friday, January 16, 2026

Tag: Bloomberg report

China’s Trade Surplus Hits $1.2 Trillion, Defying US Tariffs

China's global trade surplus reaches a record $1.2 trillion despite US tariffs, driven by strong tech exports and weak imports, raising questions on trade policy effectiveness.

Netflix Revises Warner Bros Discovery Offer to License Hit Shows

Netflix is reworking its deal to license Warner Bros Discovery shows like Sex and the City after initial rejection. Get the latest on the streaming negotiations.

SpaceX Offers Free Starlink Internet in Iran Amid Blackout

Elon Musk's SpaceX reportedly waives Starlink fees in Iran, providing free satellite internet during a government-imposed blackout. Details here.

Ukrainian Drone Strikes on Russian Refineries Drive US Fuel Prices Higher

Ukrainian attacks on Russian energy facilities are causing global oil supply shortages, pushing US refining margins to highest levels since 2018 according to Bloomberg analysis.

EU to Ban Huawei and ZTE Telecom Equipment in Member States

The European Union plans to force member states to phase out Chinese telecom gear from Huawei and ZTE, escalating trade tensions with Beijing.

H-1B Visa Sponsorship Crashes to 1.9% After $100K Fee Hits Indian Graduates

US job offers with H-1B visa sponsorship plummet from 10.9% to 1.9% after new $100,000 fee, leaving international students facing immediate rejections despite qualifications.

Apple to Use Google’s AI Model for Siri Overhaul

Apple plans $1 billion deal with Google to power Siri upgrades using Gemini AI model as interim solution until Apple's own systems are ready.