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Hershey's share price fell by about 4%.The Canadian dollar expanded its gains to an intraday high.US officials say that Russia may soon launch another hypersonic missile into Ukraine.

Schneider, former CEO of Nestle, was nominated to join the supervisory board of Siemens.Bank of Canada Governor Mackler M: Monetary policy no longer needs to remain tight. The job market is still weakening. Officials will adopt a more "gradual" interest rate policy.Bank of Canada: Wage growth shows signs of slowing down, but wage growth related to productivity is still at a high level.

Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.The yield of Italian 10-year government bonds fell to the lowest level since mid-August 2022, at 3.162%.Fosun Travel responded to privatization: a transitional measure focusing on the light asset model. Following the change of CEO, Fosun Tourism Culture Group (hereinafter referred to as "Fosun Travel") started the privatization process again. On December 11th, in response to Fosun Travel's plan to privatize and delist Hong Kong stocks, Fosun Travel responded that this privatization proposal is based on the decision made by the company's long-term development, and the company will pay more attention to the transition of light asset model. After the privatization is completed, Fosun Travel will continue to maintain the normal operation of its existing business. Nowadays, for Fosun Travel, it can be said that it has reached a "crossroads" of transformation. Some experts in the industry have analyzed that at this time of privatization, Fosun Travel may have transformation needs, and the current low valuation of Hong Kong stocks will allow enterprises to maintain their stock prices at more cost. In fact, in recent years, some tourism enterprises have been privatized and delisted, but when making privatization decisions, they still have to weigh the pros and cons. (beijing business today)