Chinese officials are set to visit Taiwan for the first time in three years, resuming low-level dialog that may pave the way for the resumption of normal travel to the democratically run island.
Elon Musk had Twitter Inc. engineers working late on Sunday to alter his social network’s algorithm and prioritize his tweets, resulting in a glut of them in users’ feeds on Monday, according to a report by Platformer.
New Zealand inflation expectations fell back from a 31-year high, prompting investors to reduce bets on a jumbo interest rate hike from the central bank next week.
by SQUID Business Team Moscow warns Western military aid to Ukraine could lead to ‘unpredictable’ escalation of war [Euronews] Russia’s defence minister warned Western military aid to Ukraine would potentially drag NATO into the conflict and that it could lead to an “unpredictable” escalation. READ MORE… Fitch raises China’s growth forecast to 5% for 2023 …
China must work to create a path to modernization that is more efficient than capitalism and better safeguards social justice, President Xi Jinping told top officials.
by SQUID Business Team UN chief fears world is heading towards ‘wider war’ over Russia-Ukraine conflict [The Guardian] António Guterres warns in speech to general assembly that ‘chances of escalation and bloodshed are growing’ READ MORE… Russian reinforcements pour into eastern Ukraine, says governor [Reuters] Russia was pouring reinforcements into eastern Ukraine ahead of a …
Alibaba Group Holding Ltd.’s Daraz Group is cutting 11% of jobs to weather a slump in online commerce, joining a growing roster of tech names retrenching to weather a global downturn.
Oi SA, the distressed Brazilian telecom operator, asked a court to shield it from creditors ahead of a major debt payment, in what may lead to a second bankruptcy protection process in seven years.
by SQUID Business Team Ultra-processed foods ‘may increase the risk of cancer’ [The Independant] The researchers found that for every 10% increase in ultra-processed food in a person’s diet, there was a 2% increased risk of cancer overall, and a 19% increased risk for ovarian cancer specifically. READ MORE… England: Strikes hit schools as teachers …
