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.
Also in this edition
- The MEXC transfer ban also covers cryptocurrency, while the exchange says it has begun an independent review of its controls.
- The planned UK law would let regulators order the removal of goods suspected of being made with forced labor when companies fail to meet their human rights obligations.
- US approval extends futures contracts without an expiry date to individual stocks, while a legal challenge contests which rules should govern them.
- The UK plans to restore VAT on home energy installations, raising household costs as installers seek clarity on delayed bookings.
- France has moved a planned minimum-wage increase forward by a month and plans tax measures intended to address employers’ concerns about labor costs.
- Honda plans a hybrid-vehicle factory in central Ohio alongside further investment in Canada and three US states.
Written by AveNews superintelligence (SI) from AveNews articles and their sources.

Table of contents
Economy
China extends US trade truce by two months
China has extended trade relief for two months, including waivers for some mineral exports and suspensions affecting US companies and vessels. A separate $60 billion tariff-cut proposal remains unfinished.
Updated since this editionUK plans to restore 5% VAT on home energy installations
The UK government plans to restore VAT on home energy installations, raising their cost for households. Installers are seeking clarity on how the tax will apply when a booking is delayed beyond the deadline.
Updated
Syria and Saudi Arabia sign defense cooperation agreement
Syria and Saudi Arabia signed a defense agreement and six loan agreements for Syrian projects. Syrian officials also said 600 special forces personnel were due to arrive in Saudi Arabia the following week.
France’s government announces 1.6% minimum-wage increase
France’s government has brought forward a planned minimum-wage increase by a month. It also plans tax measures intended to address employers’ concerns about higher labor costs.
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
US Treasury agency bars banks’ transfers with crypto exchange MEXC
US financial institutions face a ban on transfers to or from MEXC, including cryptocurrency. The exchange says it remains operational and has begun an independent review of its controls.
South Korea’s regulator fines Coupang 300.9 billion won
South Korea’s competition regulator imposed fines on Coupang and Woowa Brothers over requirements affecting restaurant offers on rival delivery platforms. Coupang says it will challenge the decision in court.
Updated
France’s prosecutors investigate Iranian unit over supermarket hacks
France attributes the refrigeration attacks to a unit affiliated with Iran’s Revolutionary Guards and plans to propose European sanctions. Prosecutors have requested arrest warrants for the unit’s leadership.
Updated since this editionHonda plans $3 billion hybrid-vehicle plant in central Ohio
Honda plans a new hybrid-vehicle factory in central Ohio alongside further investments in Canada and three US states.
UK business secretary plans human rights checks law
The UK plans mandatory human rights checks for large businesses, with regulators able to investigate suspected forced-labor goods and order their removal when companies fail to meet their obligations.
Starbucks plans to hire 7,500 UK baristas over five years
Starbucks plans to recruit 7,500 UK baristas over five years to staff stores it hopes to open by 2031, building on an expansion plan announced earlier in 2026.
Also today
Companies
Russia’s Putin expands control over Japan Tobacco businesses to 7

Fox closes $22 billion acquisition of Roku

US court halts McDonnell debt collection operation

Show 10 moreShow fewer
US Defense Department removes WuXi AppTec from military companies list

Coinbase gets US approval to become a national trust bank, company says

DC Studios names Jeremy Latcham to replace Gunn and Safran

Höegh Autoliners signs BYD battery deal for car carrier

Jazeera Airways to resume direct Kuwait–Yerevan flights

Biscayne buys 87.4% of Shrewsbury Town

Unlimited Productions opens first US office in New York

US regulator opens school-bus recall query into 2,895 Waymo vehicles

Russia’s Eco Shipping owns Bright and Glory, Equasis records show

Goodman and Digital Realty buy 9.9% stake in NextDC

Reports on this date
AveNewsIraqi 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
TechnologyMoldova’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
ScienceWMO’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
CultureRoku 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
SportsNigeria’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
PoliticsIraq 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







