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China's manufacturing and service sectors showed unexpected signs of recovery to close out the year, according to a pair of official gauges released Friday, as Beijing moved to arrest a downward spiral triggered by a real-estate slump and coronavirus outbreaks.
IKEA said it would increase the prices of its products around the world as the furniture giant grapples with rising transport and raw-materials costs.
Walmart is struggling with a public outcry in China after the country's netizens accused the company of failing to stock products from China's Xinjiang region, where the government has imprisoned large numbers of the Turkic Uyghur minority.
It is too bad Sony can't make a new Spider-Man movie every weekend.
A winter surge in Covid-19 cases driven by the Omicron variant is prompting economists to downgrade U.S. and global growth expectations in the early part of 2022 as businesses struggle with absenteeism and consumers stay home to avoid getting sick.