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Russia’s manufacturing sector expanded at its fastest pace in almost six years in November thanks to an increase in output and new orders, a business survey showed on Thursday, rebounding from a dip towards contraction last month. The S&P Global Read more
The Biden administration has banned approvals of new telecommunications equipment from China’s Huawei Technologies and ZTE (000063.SZ) because they pose “an unacceptable risk” to U.S. national security. The U.S. Federal Communications Commission said on Friday it had adopted the final Read more
Woodside Energy Group Ltd , Australia’s top independent gas producer, flagged on Thursday a drop in free cash flow over the next few years, which raised alarm among analysts about future dividend payouts. Woodside’s shares fell 1.8% after its annual Read more
BlackRock Inc (BLK.N) Chief Executive Larry Fink said on Wednesday that there appear to have been “misbehaviors” by the now-bankrupt FTX crypto exchange, but that the technology behind crypto is relevant for the future. “We’re going to have to wait Read more
Adena Friedman, chief executive officer of Nasdaq Inc (NDAQ.O), said on Wednesday she expects a quiet first half of 2023 for initial public offerings as investors remain cautious, but is hopeful activity will pick up in the second half of Read more
Wall Street ended sharply higher on Wednesday after Federal Reserve Chair Jerome Powell said the central bank might scale back the pace of its interest rate hikes as soon as December. The S&P 500 rallied and closed above its 200 Read more
Elon Musk on Wednesday tweeted that the misunderstanding about Twitter potentially being removed from Apple Inc’s (AAPL.O) App Store was resolved following his meeting with the iPhone maker’s (AAPL.O) Chief Executive Tim Cook. “Tim was clear that Apple never considered Read more