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Also in today’s newsletter, Biden delivers defiant message to China and Microsoft takes aim at Google
Also in today’s newsletter, Taiwan’s domestic satellite champion, and ChatGPT developer in talks to raise new capital
Also in today’s newsletter, Elliott takes stake in Salesforce and Argentina and Brazil to discuss creating a new currency
Also in today’s newsletter, Tesla misses production targets and Lula tightens gun laws in Brazil
Also in today’s newsletter, Republican disarray in Congress and the University of California backs Blackstone’s property fund
This edition includes China hitting back on chips and Twitter disbanding safety council
Also in today’s newsletter, George Santos faces probe for falsehoods and EU commissioner warns US green subsidies may backfire
Also in today’s newsletter, Republicans fails to break Speaker deadlock and thousands of tech jobs to be cut
Also in today’s newsletter: bleak outlook for Lula and US hit by further travel chaos
Also in today’s newsletter: China to remove quarantine requirements for inbound travellers and time for some real happy holidays
Also in today’s newsletter, FBI agent arrested and Ford plans thousands of job cuts
...Additional contributions from Emily Goldberg and Gary Jones...
Also in today’s newsletter: Silicon Valley staff offload start-up shares, and why the Home Depot chief is ‘worried about capitalism’
Plus, global market sell off and Musk suspends US journalists from Twitter
We also report on the $9bn crypto IPO being pulled and a traffic jam of oil tankers off Turkey’s coast
We also look at the dramatic loosening of China’s Covid rules and a call for Larry Fink to resign
We also report on the threat to Cyril Ramaphosa’s presidency and a successful fundraising by an Oculus co-founder
In the latest stories, the Fed enters a new phase in its fight against inflation and Musk sells more Tesla shares
...Additional contributions by Emily Goldberg...
Also in this edition: Danske Bank pleads guilty to defrauding US lenders and China is denied access to Arm chip designs
We also look at the political chaos in Peru and why US fund managers are snapping up European oil stocks
We also report on Sam Bankman-Fried denying he tried to ‘commit fraud’ and the US Treasury hands over Trump’s tax records to lawmakers
We also look at Biden’s Faustian pact with Russia over Griner and our critic reviews the new Netflix series on the Sussexes
Plus, Fetterman and Oz clash and investment banks differ on emerging market outlook
Plus, Musk to sack half of Twitter’s workforce and Elliott warns of ‘hyperinflation’
International Edition