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The European Central Bank stated that rising interest rates may have exacerbated perceived inequalities. The rise in key interest rates hits poorer families harder.On November 12th, Baihua Pharmaceutical announced that its board of directors and shareholders held a meeting on October 27th, 2025, and approved a proposal to use a total of RMB 1.91 billion from the parent companys surplus reserve and capital reserve to offset losses. The negative retained earnings of the parent company were mainly due to the impairment of goodwill resulting from the previous major asset restructuring. In accordance with relevant regulations, the company hereby notifies its creditors that they may demand repayment of debts or provision of corresponding guarantees from the company within 30 days of receiving the notification or within 45 days of the announcement.On November 12th, UBS analyst Giovanni Staunovo stated, "Everyone is waiting for clearer news regarding the government shutdown and when the US data will be released. Gold prices may hold steady for now before continuing their upward trend… As far as gold prices are concerned, we remain in an uptrend. Theres nothing structurally different." JPMorgan Chase, in a report on Wednesday, stated that it expects central banks and consumers to be reliable buyers during periods of price decline and anticipates gold prices to exceed $5,000 by the fourth quarter of 2026.The Swiss franc rose to a two-week high against the euro, trading at 0.9250.November 12th - The Spanish IBEX 35 index and the Italian FTSE MIB index both extended their gains to 1% intraday, the German DAX index is currently up 1.14%, the French CAC 40 index is up 0.77%, and the Euro Stoxx 50 index is up 0.96%.

Boston Activision Studio Employees Announce Unionization

Charlie Brooks

Dec 29, 2022 11:08

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The majority of employees at the newly purchased studio Proletariat by video game publisher Activision Blizzard Inc (NASDAQ:ATVI) announced on Tuesday that they are creating a union with the Communications Workers of America.


The Boston-based firm would become the third Activision Blizzard unit to seek unionization.


The 57 members of the Proletariat unit, which includes animators, designers, engineers, producers, and quality assurance employees, have filed with the National Labor Relations Board for a union election (NLRB).


Activision stated that it has received the petition and will respond to the NLRB in the coming days.


Activision announced in early July that it has hired Proletariat to boost the production pipeline for its massively multiplayer online role-playing game "World of Warcraft."


Workers who test games at Activision's affiliate Blizzard Albany have decided to become a union, months after the firm launched unionization negotiations with employees at its Wisconsin operation.


Microsoft Corp (NASDAQ:MSFT) has agreed to acquire Call of Duty developer Activision for $69 billion, despite antitrust opposition from the Federal Trade Commission (FTC), the European Union, and the Competition and Markets Authority of the United Kingdom.