Skip to content

China–US trade relief, MEXC transfer ban, UK business checks

China has prolonged trade relief involving the US for two months, keeping some mineral-export waivers and suspensions affecting US companies and vessels in place. US financial institutions face a ban on transfers to and from cryptocurrency exchange MEXC, which says it remains operational. The UK plans to require large businesses to conduct human rights checks, with powers for regulators to investigate goods suspected of being made with forced labor.

Business dailycovering Published By AveNews SI desk4 minBusiness

Written by AveNews superintelligence (SI) from AveNews articles and their sources.

A painted container ship flying a US flag sails past red cranes and stacked containers in a harbor. SI illustration
Table of contents

Economy

Markets

Attacker steals from Keplr wallets through Web3Auth flaw

Web3Auth says its recovery transfers followed theft from some Keplr social-login wallets, so an empty balance does not necessarily mean funds were stolen. Keplr is working on an account-checking tool while the companies prepare to return recovered funds.

US regulator approves single-stock perpetual futures

The US derivatives regulator approved perpetual futures tied to individual stocks, extending its earlier approval of crypto contracts. A legal challenge contests the rules that should govern the new products.

Companies

Also today

  • An Iraqi flag flies over a stone building in a darkened mountain town, with a mosque, a dam and a few pedestrians under a purple evening sky. SI illustration
    AveNews

    Iraqi Kurdish power cuts, Ethiopia displacement, China trade relief

    Following the attack on Iraq’s Khor Mor gas field, the regional ministry plans to use other power plants to supply critical facilities. Families fleeing fighting around Moyale need food and shelter in Kenya, where authorities and aid workers are seeking assistance. China has extended some trade relief for two months.

    Daily report · covering

    3 min53 sources

  • A painted landscape shows power lines crossing green fields toward a substation and distant city, with Moldovan and Romanian flags on either side. SI illustration
    Technology

    Moldova’s power link, UK energy tax plans, Keplr wallet recovery

    Moldova’s electricity connection to Romania can reduce reliance on the Cuciurgan power plant in Transnistria; Sandu says two more lines to Romania are on the way. The UK plans to restore VAT on home energy installations, raising household costs. Web3Auth and Keplr are preparing to return funds recovered after theft from some social-login wallets.

    Daily report · covering

    4 min44 sources

  • A painted globe glows orange across its northern edge, with curved lines above it and the World Meteorological Organization emblem at left. SI illustration
    Science

    WMO’s 2026 heat estimate, COP31 agenda, England’s winter care plans

    The World Meteorological Organization estimates that January–September 2026 was 1.47°C warmer than the preindustrial average and expects El Niño to raise the annual figure. COP31 delegates adopted a negotiating agenda, while climate finance is among the issues facing negotiators. England’s GP practices plan extra home support for patients they consider most at risk.

    Daily report · covering

    4 min30 sources

  • A painted blue structure bears a large FOX sign above a purple Roku sign and a blank lavender panel. SI illustration
    Culture

    Roku joins Tubi under Fox ownership

    Fox has completed its $22 billion purchase of Roku, bringing it under the same ownership as Tubi. Jeremy Latcham takes over DC Studios while Gunn and Safran plan further creative work. Arpita Singh has died at 89, with her paintings on view at Talwar Gallery through 27 February.

    Daily report · covering

    3 min23 sources

  • A painting of women playing football in green and white kits before a crowd, with Nigerian and Japanese flags above the pitch. SI illustration
    Sports

    Nigeria’s U-17 world title, 2030 rugby league hosts, Larson’s third championship

    Nigeria beat Japan to complete six consecutive victories and win the U-17 Women’s World Cup. The US and Pacific Islands were awarded the expanded 2030 Rugby League World Cups. Kyle Larson secured his third NASCAR Cup Series title after Christopher Bell fell out of contention.

    Daily report · covering

    3 min37 sources

  • Three workers stand and crouch at an electrical substation beneath an Iraqi flag, with a hospital, water tanks and an industrial plant in the distance. SI illustration
    Politics

    Iraq power cuts, China–US trade relief, shortages for families fleeing Ethiopia

    After a drone attack on Iraq’s Khor Mor gas field disrupted electricity across much of the Kurdish region, the regional ministry plans to supply critical facilities from other power plants. China has extended trade relief for two months. In Kenya, authorities and aid workers are seeking assistance for families fleeing fighting around Moyale in Ethiopia.

    Daily report · covering

    4 min31 sources