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China tightens media control with tiny stakes in two Alibaba units
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State-backed entities have taken tiny stakes in parts of two Alibaba subsidiaries that oversee a video platform and web browser.

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Starbucks fired the employee responsible for igniting the Starbucks Workers United union campaign
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Starbucks fired the employee responsible for igniting the Starbucks Workers United union campaign.

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Which Billionaire Owns The Most Land In The U.S.? Hint, It's Not Bill Gates
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Some Nigerians vote late after glitches as election count underway
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Intel's Mobileye topped its IPO targets, raising $861M at a $16.7B valuation
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Earnings Watch: Microsoft, Tesla and Intel are about to face the doubters
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Silicon Valley Bank employees received bonuses hours before government takeover
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The SVB employee bonuses were for work done in 2022 and had been in process days before the company’s collapse, sources said.

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Shares of China-based funeral company are surging as Covid infections spike
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Hong Kong-listed shares of China’s biggest cemeteries operator and funeral service rose to their highest level in more than a year amid a brutal Covid wave.

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Swire Properties PT Lowered to HK$24 at Jefferies
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Federal Reserve raises interest rates 0.25% to highest since 2007 amid bank crisis
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Azerbaijan to evacuate embassy in Iran on Sunday after fatal shooting
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Goldman Sachs maintains Aavas Financiers at Neutral
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Renault and Nissan forgo Dec. 7 announcement of new deal -JNN
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Mercedes cuts some China electric car prices, shaking shares
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Treasury's financial stability watchdog says fraud is rampant in crypto markets
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The crypto currency market is rife with fraud, failures to comply with existing laws and big swings in volatility, Treasury’s financial stability watchdog said.

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Quality and high dividends set these five semiconductor stocks apart from poorer-performing competitors
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European Central Bank set for 50 basis point rate hike on hopes that inflation has peaked 
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The European Central Bank will continue to hike benchmark rates, albeit at a slower pace, with inflation expected to be close to a peak.

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BofA Securities Downgrades Viaplay Group AB (VPLAYB:SS) to Underperform
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Famed Chinese rainmaker goes missing in latest executive disappearance
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India, U.S. establish new trade group to bolster supply chains
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US battery sourcing guidance to cut some EV tax credits -official
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Europe is set to ramp up its oil war against Russia — and markets are bracing for more disruption
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It is thought that the EU’s forthcoming embargo on Russian petroleum products will be both more complex and more disruptive than what has come before.

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Record snowpack in California poses severe flood risk, officials warn
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California’s statewide snowpack could top records after a series of powerful storms beginning in December, state officials said Monday.

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US Stocks Snap Two Days of Losses; Yields Rise: Markets Wrap
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