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Cost of candy soars by 13.1% in US

  Bloomberg Giving out treats this Halloween will be a lot more expensive than usual. The cost of candy and chewing gum jumped 13.1% in September from last year, the most ever, according to US inflation data. This comes just before what’s arguably candy’s most important holiday — Halloween. The culprit is expensive sugar. US refined sugar prices have soared ...

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Nato-China tension over Ukraine flares at conference in Iceland

Bloomberg A senior Nato official confronted a Chinese diplomat over China’s failure to condemn the Russian invasion of Ukraine, injecting tension over the war into an international conference about the Arctic. The unusually frank exchange between Admiral Rob Bauer, chair of the alliance’s Military Committee, and He Rulong, China’s ambassador to Iceland, followed a speech by Bauer on Nato’s role ...

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China’s Xi vows victory in tech battle after US chip curbs

Bloomberg Chinese President Xi Jinping pledged his nation will prevail in its fight to develop strategically important tech, underscoring Beijing’s concern over a US campaign to separate it from cutting-edge chip capabilities. “We will focus on national strategic needs, gather strength to carry out indigenous and leading scientific and technological research, and resolutely win the battle in key core technologies,” ...

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