Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
How did sport become so popular? The ancient history of a modern obsession 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
What’s the difference between baking powder and baking soda? It’s subtle, but significant 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
How to support someone who is grieving: five research-backed strategies 
Global Forex Markets Brace for Fed Decision as Yen Extends Weakness 
Trump’s U.S. Open Visit Delays Final, Fans Face Long Security Lines 
The Beauty Beneath the Expressway: A Journey from Self to Service 
US footwear retailer Foot Locker will withdraw from Hong Kong and Macau while letting its distributor in Indonesia and the Philippines, MAP Active, take over its operations in Singapore and Malaysia
The footwear giant says the move, part of its efforts to “simplify its business model and focus on core banners and regions, will further grow its presence in Southeast Asia.
Foot Locker entered the Philippines late last year, opening one of the biggest stores in Asia at Makati City’s Glorietta shopping mall. The brand was reportedly in talks with footwear company Metro Brands to expand into India.
Foot Locker will continue to operate stores in South Korea.
As of January 28, Foot Locker operated 2714 stores in 29 markets and had 159 franchised stores in the Middle East and Asia.
Foot Locker will shut more than 400 underperforming stores in the US as part of a “reset” strategy. It had closed 101 stores during the fourth quarter of last year.
Foot Locker’s sales were down by 0.3 percent on year to $2.334 billion during the fourth quarter. The company expects to increase its annual turnover by $1 billion to $9.5 billion by 2026.
