China’s consumer prices rise at fastest clip in nearly 8 years, as pork prices continue to soar
China’s consumer prices rose at their fastest pace in almost eight years, driven mostly by a surge in pork prices as African swine fever ravaged the country’s hog herds.
Hong Kong braces for 24th weekend of protest after student’s death
The death of the student at a hospital on Friday is likely to fuel anger with the police, who are under pressure over accusations of excessive force.
Moody’s downgrades outlook on UK’s rating on Brexit paralysis
Moody’s warned on Friday it might further cut its rating on Britain’s sovereign debt, saying Brexit had eroded the country’s ability to tackle the challenge of its high levels of borrowing.
Top Facebook exec who left this year says political ads should be fact checked
In September, Facebook said that it will not fact check or remove content posted by politicians except with a few exceptions.
Facebook apologizes after employees complain about racist company culture
Facebook on Friday issued an apology following an anonymous blog post complaining about a racist culture toward black, Hispanic and female Asian employees at the social media company.
WeWork’s Adam Neumann sued over $1.7bn package
The property company faces legal action over its co-founder’s exit benefits.
Big Tech closes out a big week with Microsoft, Apple and Alphabet all closing at records
Investors remain bullish on Microsoft, Apple and Alphabet, favoring positive financial outlooks over concerns of a slowing economy.
Spain votes as economy wobbles
The country is facing slowing growth and unemployment that is the second-highest in the EU.
WeWork says it will divest all ‘non-core’ businesses
WeWork on Friday announced a ’90-day game plan’ that includes sweeping changes to its business.
Facebook says it will remove posts purporting to name the Ukraine whistleblower
Facebook says it is taking down any content that seeks to unmask the Ukraine whistleblower from its platform. The whistleblower sparked the Trump impeachment inquiry.