business news

Hong Kong stocks rise nearly 4% ahead of China’s Covid briefing

Chinese indexes pop ahead of Covid briefing Indexes in China jumped more than 2% as investors closely watched for developments in the nation’s zero-Covid policy after seeing losses in the previous session. China’s CSI 300 index rose 2.97% in the morning session, while the Shanghai Composite climbed 2.2%. The Shenzhen Component Index gained 2.172%. Local …

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Elon Musk claims Apple has threatened to remove the Twitter app

Elon Musk said that his company SpaceX cannot fund the Starlink service in Ukraine “indefinitely.” Michael Gonzalez | Getty Images News | GettyImages Twitter Owner Elon Musk claimed on Monday in a series of tweets that apple had threatened to remove the Twitter app from the App Store as part of its app review moderation …

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Stocks fall as Chinese Covid protests dampen market sentiment

Stocks fell Monday as social unrest from China’s prolonged Covid restrictions weighed on markets, sending oil prices lower — after Wall Street notched gains during the Thanksgiving holiday-shortened week. The Dow Jones Industrial Average fell 160 points, or 0.5%. The S&P 500 and Nasdaq Composite 0.6% and 0.4%, respectively. Over the weekend, demonstrations broke out …

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UK property demand down 44% since market-rocking mini budget: Zoopla

Estate agents “Sold” and “For Sale” signs outside residential properties in the Maida Vale district of London, UK, on ​​Thursday, June 30, 2022. Bloomberg | Bloomberg | GettyImages Demand for UK residential properties has nearly halved following September’s government budget that spooked financial markets and toppled the prime minister, research Monday showed. The fiscal package, …

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Hong Kong stocks fall 2% on China unrest, oil drops to lowest in 2022

China’s reserve requirement cut won’t make a big difference with Covid rules still in place, analyst says China’s latest move to cut the reserve requirement ratio for banks by 25 basis points won’t have much significance on its economy without a drastic shift from its stringent Covid restrictions, according to Economist Corporate Network. “Consumer and …

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Adidas employees raised concerns about Ye’s conduct for years, report says

Gilbert Carrasquillo | Getty The chief executive and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye West as far back as four years ago, according to a report from The Wall Street Journal. During a 2018 presentation to the Adidas executive board, a group of employees reportedly outlined the …

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Disney is the biggest winner and loser at the Thanksgiving box office

This year’s Thanksgiving box office was both feast and famine for Walt Disney. While “Black Panther: Wakanda Forever” added $64 million to its domestic tally during the five-day time frame, Disney’s latest animated feature “Strange World” failed to lure moviegoers, generating just $18.6 million between Wednesday and Sunday and a dismal $11.9 million. for the …

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The biggest risks of using fitness trackers to monitor health

Fitness trackers, which help keep tabs on sleep quality, heart rate and other biological metrics, are a popular way to help Americans improve their health and well-being. There are many types of trackers on the market, including those from well-known brands such as Apple, Fitbit, Garmin and Oura. While these devices are growing in popularity …

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Stocks making the biggest moves premarket: Activision, Tesla, Manchester United

Check out the companies making headlines before the bell: Activision Blizzard (ATVI) – Activision Blizzard slid 3.3% in premarket trading after Politico reported the Federal Trade Commission is likely to sue to block Microsoft‘s $69 billion purchase from the videogame publisher. Tesla (TSLA) – Tesla said its Full Self Driving Beta software is now available …

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