Saks Group bankruptcy fallout

Two years on, one of the world’s biggest shipping companies - Maersk - says it’s preparing to return to the Red Sea — and in aviation, Chinese-made passenger jets may be edging closer to European skies.

Also today — new data suggests Iran’s internet blackout has cost the economy around 260 million dollars in lost business activity.

(Picture: A Maersk Line container vessel crosses the Strait of Gibraltar from the Atlantic Ocean to the Mediterranean Sea on January 8, 2026. Credit: REUTERS/Amr Abdallah Dalsh)