(Bloomberg) — Texas Governor Greg Abbott on Wednesday called for state officials to investigate natural gas distributor Atmos Energy Corp. after the company asked its Texas customers to curb natural gas usage during the recent winter freeze.
South Korea’s semiconductor production in November fell by the most since the global financial crisis, weighing on the nation’s industrial output and pointing to a further cooling of overseas demand for tech components as the world economy slows.
The year began with faith that inflation would fade and the Fed would hold rates low. Then came a brutal reckoning.
Kim Jong Un in 2022 fired off missiles at a record pace, lowered the threshold for using nuclear weapons and thumbed his nose at global sanctions. He’s likely to turn up the heat even more in the coming year.
Corporate governance issues have turned shares of Brightcom Group Ltd. into one of India’s worst performers this year after a 2,500% surge in 2021.
Australia would be willing to reconsider its case against China at the World Trade Organization if Beijing’s sanctions against its exports were lifted, as Trade Minister Don Farrell flagged a potential thaw in the trade tensions between the two countries.
British consumers plan to cut back on restaurant meals and non-essential shopping next year after a surge in the cost of living ate into disposable income.
(Bloomberg) — The mastermind of the “Varsity Blues” college admission scam deserves six years in prison despite his “unprecedented” cooperation with federal agents in Boston resulting in 50 parents and coaches convicted in the biggest college admissions scam the U.S. has ever prosecuted, the government said in a court filing.
A panel at Japan’s health ministry is drafting an opinion saying the classification of the coronavirus should be downgraded to the same level as season influenza, Kyodo News reported Wednesday.
The world’s airlines are taking a cautious approach to China’s reopening, reluctant to immediately change up schedules and divert planes from other routes despite the internal pent-up demand for international travel.
