(Microsoft) Microsoft is close to reaching a deal to acquire Activision, the video game maker behind the “Call of Duty” franchise, the company’s largest-ever takeover. The acquisition will accelerate the…
(Invesco) Investment giant Invesco says S&P 500 returns in the next ten years will be limited, pointing to the Shiller PE ratio reading above 38, which suggests that the market…
(Reuters) Starbucks has partnered with China’s leading food delivery entity Meituan for the distribution of coffee as it seeks to grow Covid-19 hit sales in its second-biggest market. Chinese consumers…
(ONS) UK employment for the September to November quarter 2021 was 75.5%, up by 0.2 percentage points. The number of employees on payrolls in the last month of the year…
(Polygon) Polygon, an Ethereum layer-2 scaling solution, has launched EIP-1559, dubbed the London Hardfork, welcoming a real-time burning of its native token MATIC. The EIP-1559 will eliminate the first-price auction…
(Bloomberg) Brent crude rose to a high of $88.13 a barrel, its highest level since October 2014, as markets priced for supply tightness due to escalating tensions in the United…
(WSJ) More than three dozen employees have exited Activision Blizzard Inc., while up to 44 others have been punished as the company addresses allegations of misconduct. The move by Activision…
(Bloomberg) Gazprom’s exports of gas in the main markets fell to the lowest since 2015 in January 2022, with European legislators calling for answers on the short fall. Gazprom exported…
(Twitter) Crypto platform Crypto.com has temporarily stopped withdrawals after some users reported suspicious account activity. Several users reported unauthorized withdrawals from their accounts, prompting the platform to act and assuring…
(FT) Unilever has come out to defend the much criticized 50-billion-pound acquisition of GlaxoSmithKline consumer health unit, calling it a “strong strategic fit.” The company says the acquisition will build…
(NBS) China’s economy expanded by 4% in the fourth quarter of 2021 from the prior year, faster than the projected growth of 3.6%. For the full year 2021, the economy…
(Bloomberg) China’s 10-year government bond yield fell by two basis points to 2.78% as the central bank cut its interest rate on one-year policy loans by 10 basis points. The…