Bloomberg Hong Kong national security police arrested a 75-year-old pro-democracy activist, according to a Chinese state media report that called him an “anti-China disruptor.” Koo Sze-yiu, a member of the League of Social Democrats, was arrested shortly after 6 a.m. Friday on suspicion of inciting subversion of state power under the city’s national security law, according to China’s official Xinhua ...

  Bloomberg US productivity surged last quarter by the most in more than a year, reflecting a sharp acceleration in economic output, while labour costs growth cooled. Fourth-quarter nonfarm business employee output per hour increased at a 6.6% annual rate from the previous three months, the largest advance since the second quarter of 2020, according to Labour Department figures. In ...

  Bloomberg German factory orders increased more than anticipated in December, a bright spot for Europe’s largest economy as the pandemic threatens to tip it into another recession. Demand increased 2.8% after rising a revised 3.6% in the previous month, a stronger reading than even the highest estimate in a Bloomberg survey of 27 economists. Domestic demand was a key ...