Here’s how the Houthi attacks in the Red Sea threaten the global supply chain
Several shipping lines have suspended services through the Red Sea as more than a dozen vessels have been attacked since the start of the Israel-Hamas war.
Apple makes surprise decision to pause some Watch sales before Christmas over patent dispute
The decision stems from an intellectual property disagreement between Apple and Masimo over the Blood Oxygen feature.
Fed’s Goolsbee says he was ‘confused’ by last week’s market reaction
The President of the Federal Reserve Bank of Chicago said the market may have read too much into last week’s central bank update.
Adobe and Figma call off $20 billion acquisition after regulatory scrutiny
Adobe and Figma announced they would cancel the $20 billion acquisition after scrutiny from the U.K.’s CMA and the Justice Department.
BP latest firm to pause Red Sea shipments as U.S. says it will form international coalition to curb Houthi attacks
“You are going to see some fairly seismic activity in terms of the implications for supply chains,” the editor-in-chief of Lloyd’s List told CNBC.
Musk’s X hit with first EU probe under new disinformation rules
The EU has opened infringement proceedings into X, previously known as Twitter, over suspected failure to combat content disinformation and manipulation.
10-year Treasury yield rises to start the week
The yield on the benchmark Treasury note gained to start the last full trading week of 2023.
SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million
Improbable has sold The Multiplayer Group, a multiplayer games services company it bought in 2019, to Keywords Studios for £76.5 million ($97.1 million).
Israel launches fresh strikes on Gaza as UN nears vote on aid
Israeli forces launched fresh attacks throughout the night across the Gaza Strip, residents said on Monday.
Russia-Ukraine live updates: Putin submits candidacy for Russia’s 2024 election; EU adopts 12th package of sanctions against Moscow
Russian President Vladimir Putin says Moscow has no interest in fighting NATO, noting instead that he’s interested in “developing relations” with it.
