Microsoft is closing down LinkedIn in China, citing a tough business environment and compliance requirements imposed by the Chinese government.
It's beginning to look like IPO season! New widely anticipated businesses are set to list, adding to an already magnificent year for IPOs in the US.
Electric car manufacturer Tesla reported that in September, shipments from its Shanghai, China-based factory increased 27% to a record 56,006 units.
Bitcoin, the world's largest cryptocurrency, has risen over 90 percent since July and is currently trading at around $57,000, approaching its all-time high.
Oil prices are soaring as the global energy crisis continues. The crisis has been caused by a recent increase in economic activity and a shortage of supplies.
Traders are anxiously awaiting the US Labor Department's monthly jobs data. After a lackluster August print, this report is expected to show job growth.
European and Asian stock markets fell over inflation fears. US crude oil reached a seven-year high. The Bank of New Zealand increased interest rates.
Noon.com, which is the Middle East's answer to Amazon, is anticipating $2 billion in funding from Saudi Arabia's sovereign wealth fund and other investors.
Positive clinical trial findings for Merck's experimental antiviral COVID-19 pill skyrocketed the company's stock price and plunged those of vaccine firms.