11
December 8, 2022
China’s Producer Prices Fall, Consumer Inflation Slows On Soft Demand
BEIJING (Reuters) – China’s factory-gate prices showed an annual fall for a second month in November while consumer inflation slowed,…
Walgreens Cuts Stake In AmerisourceBergen Through $1 Billion Share Sale
(Reuters) -Walgreens Boots Alliance has sold some AmerisourceBergen Corp’s shares for proceeds of $1 billion, the U.S. drugstore chain said…
U.S. House Panel Chair Says She’ll Subpoena FTX’s Bankman-Fried If Needed
By David Morgan (Reuters) -House Financial Services Committee Chairwoman Maxine Waters told Reuters on Thursday that she is prepared to…
China’s November PPI Falls, CPI Slows Amid Weak Activity
BEIJING (Reuters) – China’s factory gate prices showed an annual fall for a second month in November, amid soft domestic…
Apple Supplier Foxconn’s Founder Pushed China To Ease COVID Curbs – WSJ
(Reuters) -Apple supplier Foxconn’s founder Terry Gou had warned China that the government’s zero-COVID stance would threaten the position of…
A Trail Of Oil: Keystone Pipeline’s History Of Oil Spills
(Reuters) – Canada’s TC Energy Corp shut its Keystone pipeline in the United States after more than 14,000 barrels of…
Canada Police Suspends Contract With China-linked Company
OTTAWA (Reuters) – The Royal Canadian Mounted Police (RCMP) has suspended a communications equipment contract that was awarded to a…
Stocks Rise On Hope Of Revived China Demand, Oil Slips
By Herbert Lash NEW YORK (Reuters) -World stocks rose and oil prices initially rebounded on Thursday on hopes that China’s…
U.S. Seeks To Stop Microsoft’s $69 Billion Bid For Games Maker Activision
By Diane Bartz WASHINGTON (Reuters) – The Biden administration filed a complaint on Thursday aimed at blocking tech giant Microsoft’s…
FTC challenges Meta acquisition of VR company in court
Federal regulators opened their campaign to block Facebook parent Meta’s acquisition of a virtual-reality company Thursday in a San Jose,…