IT services industry

An Australian tutoring company is telling parents to save their money and use AI tools to help their children learn instead of paying for tutoring. The unusual advice, reported by the Australian Financial Review, has sparked debate about whether artificial intelligence can replace human tutors and what it signals about the future of the private tutoring industry.

The U.S. Space Force has scheduled on-orbit servicing missions for 2027 with Astroscale U.S. and Starfish Space, two companies developing spacecraft capable of refueling, repairing, or repositioning satellites in orbit. The program marks a step toward routine commercial servicing of military satellites, extending their lifespans and reducing costs.

Coinbase has introduced USDC lending for customers in the United Kingdom, with loans backed by Bitcoin and Ether collateral. The service lets UK users borrow against their crypto holdings without selling, expanding the exchange's presence in the British market. Crypto observers are tracking the rollout as a sign of Coinbase deepening its lending products outside the US.

Major fast-fashion retailers, including Uniqlo and Zara, are launching clothes-mending and repair offerings aimed at Gen Z shoppers. The brands are betting that repair services appeal to younger consumers' interest in sustainability and making garments last longer, while building loyalty in a competitive retail market.

Chinese robotics firm AGIBOT marked a milestone, delivering its 20,000th robot from its production line to Chimelong, the theme park and resort operator. The handover was announced at a launch event, underlining the company's rapid manufacturing scale-up in service and industrial robotics and its growing commercial ties with Chimelong.

Eurostat data shows the EU-27 construction producer price index rose to 124.2 in 2025, indicating continued cost increases for building materials and construction services across the bloc. The figures point to ongoing price pressure in the sector, which affects housing costs, infrastructure projects and wider inflation trends. Analysts and industry watchers are reviewing the data for signs of easing or persistence.