SpaceX Buys xAI for Space AI Data Centres

Elon Musk's SpaceX has acquired artificial intelligence firm xAI, creating a $1.25 trillion company focused on developing AI data centres in space using solar power.

Trump's Project Vault: US Minerals Stockpile Plan

Former President Donald Trump has unveiled Project Vault, a strategic initiative to build a national stockpile of critical minerals, aiming to reduce US dependence on foreign supplies and boost economic security.

LK Bennett to Shut All Stores, 89 Jobs at Risk

High street fashion brand LK Bennett is closing all nine UK stores and 13 concessions, with up to 89 redundancies expected within three months after acquisition by Gordon Brothers.

UBS Funds £15m Oxford University AI Centre

Swiss banking giant UBS has pledged £15 million to establish a new artificial intelligence research centre at Oxford University, focusing on finance and societal impacts.

SpaceX Merges with xAI for Space AI Datacenters

Elon Musk's SpaceX has acquired artificial intelligence firm xAI, creating a vertically-integrated tech giant focused on space-based AI datacenters and solar-powered satellites ahead of a public listing.

Trump's UAE Crypto Deal: Global Finance Impact

Former US President Donald Trump has reportedly secured a major cryptocurrency deal with the United Arab Emirates, potentially reshaping international digital finance and political alliances.

US Jobs Report Delayed Again in Government Shutdown

The Bureau of Labor Statistics announces another postponement for the January 2026 employment data release due to ongoing federal funding issues, compounding delays from previous shutdowns.

Gold Meltdown: Speculative Rally Crashes

Gold prices have collapsed from record highs above $5,600 per ounce to below $4,700, wiping out gains from a speculative frenzy driven by Trump-era uncertainty.

Nintendo Tops UK Charts with Switch 2

Nintendo captures half of UK's top 20 game sales, led by Mario Kart World and Pokémon Legends: Z-A, as Switch 2 becomes fastest-selling console.

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