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A drop in Chinese consumer prices added to long-running worries about the world's number two economy

Markets Mixed Ahead Of US Inflation Data, Fed Decision

Markets diverged Monday as investors awaited key US data and a Federal Reserve policy decision after labour figures last week suggested the US central bank was on course to deliver a soft landing for the economy while reining in inflation.
Bitcoin this week reached above $44,000 for the first time since April last year

Bitcoin Rally Shines Spotlight On Investor Risks

A much-anticipated US approval of wider bitcoin trading has helped the world's biggest cryptocurrency reach 20-month heights, risking however pain for new investors unaccustomed to its volatility.
Southeast Asia accounts for 10 percent of global traffic and Boeing expects it to grow about 9.5 percent annually over the next two decades

Southeast Asia Banks On Aviation Boom

Major airport expansion projects are taking off across Thailand, Cambodia and Vietnam, and a new airline is set to launch next year -- all banking on an expected boom in air travel in Southeast Asia, fuelled by Chinese and Indian tourists.
The Canadian Broadcasting Corporation (CBC) is cutting 600 jobs, or 10 percent of its workforce, in the face of financial difficulties

Canada's Public Broadcaster To Cut 10% Of Workforce

Canada's public broadcaster on Monday announced it would cut 600 jobs, or 10 percent of its workforce, as it confronts financial challenges sparked by a drop in television ad revenues and competition from digital news outlets.
Even after Elon Musk gutted the staff by two-thirds, X, formerly Twitter, still has around 2,000 employees, and incurs substantial fixed costs like data servers and real estate

With Outburst, Musk Puts X's Survival In The Balance

Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network further, with the tycoon warning of the platform's demise, just one year after taking control.
Evergrande was once China's biggest real estate firm

What We Know About Evergrande's Financial Future

A Hong Kong court on Monday gave Chinese property giant Evergrande until the end of January to put together a restructuring plan, offering the embattled firm much-needed breathing room as it teeters on the brink of bankruptcy.

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