Argentina’s VP Fernández guilty in $1B fraud, gets 6 years
Fernández lashed out at the verdict, describing herself as the victim of a “judicial mafia.”
Germany arrests 25 suspected of far-right plot to overthrow state
The suspects are accused of preparing to carry out actions based on their ideology, including by procuring equipment and holding shooting lessons.
Microsoft says it will bring Call of Duty to Nintendo for 10 years if Activision deal closes
Microsoft’s blitz of commitments around Call of Duty comes as regulators and rivals amp up antitrust scrutiny of the proposed $69 billion Activision takeover.
China’s Xi to visit Riyadh as Saudi Arabia seeks to expand international reach
Chinese President Xi Jinping will visit Saudi Arabia on Wednesday to attend the first China-Arab States Summit and the China-Gulf Cooperation Council Summit.
Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ‘surprises’
After a tumultuous year, Standard Chartered expects more volatility in 2023 and says several potential surprises are being “underpriced” by the market.
China eases Covid restrictions on travel and production
China said Wednesday that people will no longer need to show negative virus tests or health codes in order to travel between different regions.
Over $400 billion has been erased from the value of Europe’s tech industry this year
The combined value of all public and private European tech firms has fallen from to $2.7 trillion from a peak of $3.1 trillion in late 2021, a new report says.
These ETFs can help investors navigate stubbornly high inflation in 2023
Inflation is unlikely to fall to the Fed’s 2% target level by the end of next year, according to BlackRock’s iShares strategists.
Japan’s economy could enter a recession in 2023, economist says
Japan’s economy is set to enter into recession as export growth slows, according to Capital Economics’ Marcel Thieliant.
Raphael Warnock beats Trump pick Herschel Walker in Georgia Senate runoff, NBC projects
Warnock’s projected win over Walker marks a major loss for former President Donald Trump and could have a major impact on President Joe Biden’s agenda.
