
Strava, the popular exercise tracking app, has filed confidentially for an initial public offering and hired investment bankers to guide the process. The filing, reported in January 2026, aims to raise capital to expand its coaching offerings and stay ahead of competitors.

The global beauty sector is experiencing robust growth even as consumer sentiment remains muted across 20 surveyed countries. Rising inflation, higher interest rates, and geopolitical uncertainty have dampened overall spending, yet shoppers are channeling discretionary dollars into personal care. A...

Innovations in energy storage and novel financing are accelerating AI development, but they also risk inflating a speculative bubble. New renewable micro‑grid projects aim to lower the massive electricity bills of data centers, while credit‑linked funding vehicles mimic the mortgage‑securitisation...

Saks Global, the parent of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus, filed for Chapter 11 bankruptcy on Jan 13, 2026, barely a year after completing the consolidation of the three luxury retailers. The filing puts millions of gift cards at...

Chinese consumer brands such as Urban Revivo, Luckin Coffee and Mixue are rapidly opening stores across the United States, signaling a new wave of global expansion. Unlike earlier state‑backed exporters, these firms rely on digital platforms like TikTok to generate...

U.S. Treasury Secretary Scott Bessent placed Chevron at the forefront of investors targeting Venezuela’s vast oil reserves. The push follows former President Donald Trump’s strategy to leverage American oil firms to pressure Nicolás Maduro’s regime. While sanctions and political turmoil...