Meta Platformshas struck a preliminary deal to sell a new, lower-priced version of its virtual-reality headset in China. https://ift.tt/7zGmbJq

SoftBank sank deeper into the red in the July-September period as its technology investments struggled and losses piled up from the collapse of office-sharing company WeWork. https://ift.tt/Wxw3kfI

Major U.S. stock indexes declined after Powell’s remarks, with the S&P 500, Nasdaq and Dow losing 0.8%, 0.9% and 0.7%, respectively. https://ift.tt/wgYNSpu

China slipped back into deflation in October after a brief reprieve, highlighting how hard it is for Beijing to reinvigorate domestic demand in the world’s second-largest economy. https://ift.tt/BlAsDyM

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