ECB Minutes Highlight Fragile Recovery, Inflation Risks; TikTok US Spinoff Approved; Abbott Labs Misses Sales Estimates
Key TakeawaysThe European Central Bank (ECB) expressed widespread concern regarding financial stability risks and noted a fragile economic recovery in the Euro area during its December 18th monetary policy meeting, despite staff projections strengthening confidence in the medium-term outlook.China and the United States have reportedly signed off on a US spinoff of the popular social media platform TikTok, potentially resolving significant geopolitical and data security concerns.Abbott Laboratories (ABT) ann ...