economic policy

There's a big problem with the Kroger-Albertsons supermarket merger |  CNN Business

There’s a big problem with the Kroger-Albertsons supermarket merger | CNN Business

New York CNN Business — When Christine Martinez found out last month that Kroger and Albertsons were planning to merge in a deal worth nearly $25 billion, she thought, “here we go again.” Martinez lost her job as a pharmacy technician following an earlier supermarket mega-merger: Albertsons’ $9 billion combination with Safeway in 2014. That …

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Asian stocks rise except for Japan as markets watch China protests

Asian stocks rise except for Japan as markets watch China protests

TOKYO (AP) — Asian stocks were mostly higher on Tuesday as market jitters eased over protests in China sparked by growing public anger over COVID-19 restrictions. Benchmarks rose in early trading in Australia, South Korea and China, while stocks fell in Japan. Oil prices have fallen. Japanese government data released on Tuesday showed the unemployment …

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The chip war between the United States and China spills over into Europe |  CNN Business

The chip war between the United States and China spills over into Europe | CNN Business

hong kong CNN Business — Two European chip deals have run into trouble over their ties to China, a sign of concern spreading in the West about China’s potential control over critical infrastructure. Last week the new owner of Britain’s biggest chipmaker was ordered to reverse its takeover, just days after another chip factory sale …

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