‘Be very vigilant’: Bank of England chief says the market is testing banks to identify weakness
Bank of England Governor Andrew Bailey on Tuesday vowed to be “very vigilant” amid ongoing volatility.
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5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day.
Read moreAlibaba plans big restructure to boost sagging share price
Tech group will retain most profitable ecommerce businesses but allow other units to spin off and list separately
Read moreUK Treasury to provide extra funding for NHS pay deal
Bid to resolve health strikes may affect other public sector disputes
Read moreWestern voters won’t give up the peace dividend
Governments are right to increase defence spending, but their electorates prefer butter to guns
Read moreMorgan Stanley says this manufacturing stock is a top pick thanks to its strong fundamentals
Emerson Electric could see solid gains going forward, driven by strong fundamentals and corporate discipline, according to Morgan Stanley.
Read moreBank of America upgrades this media giant, citing strong assets in a potential sale
Analyst Jessica Reif Ehrlich upgraded the stock to buy from neutral Tuesday.
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Honda is recalling more than 330,000 vehicles
Vehicles included in the recall are 2020-2022 Odyssey, 2020-2022 Passport, 2020-2021 Pilot and 2020-2021 Ridgeline. Read More
Read moreStocks making the biggest moves before the bell: Alibaba, Lyft, Walgreens and more
Alibaba shares jumped after the e-commerce giant said it would split its company into six separate business groups.
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There are two things the 9-figure-founder did to step up.
Since selling his business for $419 million and taking up mentorship, Mike Fata has realized there’s one thing that every
Read more4G internet is set to arrive on the moon later this year
The aim is to show that terrestrial networks can meet the communications needs of future space missions.
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How a TikTok ban would impact businesses
With over 1 billion monthly active users on TikTok, concerned CEOs and small business owners tell Fortune how their reach
Read moreSwiss regulators voiced concerns in 2019 about ability to save banks
Authorities said no possibility of the orderly wind-down of one of the two big lenders
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Disney’s 7,000 layoffs will come in 3 waves starting this week, Bob Iger tells staff
The returning CEO also said that for those who remained at the company there would be “challenges ahead.” Read More
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Elon Musk says Bill Gates’s understanding of AI is ‘limited’
The pair have previously clashed over the COVID pandemic, space travel and climate change. Read More
Read moreRaymond James says this telecom stock is a strong buy as it enters a new market segment
Analyst Simon Leopold on Tuesday upgraded the stock to strong buy from outperform. He also hiked his price target to
Read moreWalgreens revenue rises despite sharp decline in demand for Covid tests, vaccines
Walgreens’ quarterly results topped Wall Street’s expectations, even as profit declined from a year earlier.
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Tesla being investigated by U.S. highway agency over seat belts that may come loose
The investigation by the National Highway Traffic Safety Administration covers an estimated 50,000 Model X SUVs from the 2022 and
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Here’s how First Citizens should approach the SVB acquisition, according to experts
Communicating quickly to try and retain the best clients is a pivotal move. Read More
Read moreDiageo chief Menezes to step down
Debra Crew to take over drinks group in July
Read moreElon Musk says only verified users will show up in Twitter’s recommendation feed in further shake-up
Elon Musk announced that, going forward, only verified accounts will show up in the “For You” recommendation section of Twitter.
Read moreAlibaba to split into 6 units and explore IPOs; shares pop 6%
Alibaba said Tuesday it will split its company into six business groups, each with the ability to raise outside funding
Read moreUK food prices rise at record rate, Kantar data shows
March grocery inflation of 17.5% adds £837 to average household’s annual bill, market research reveals
Read moreBP teams up with Abu Dhabi oil group in bid for Israel’s NewMed
UK energy major and Adnoc plan joint venture to pursue projects in eastern Mediterranean
Read moreCiti says this Brazilian payments stock can jump more than 40%
Analyst Gabriel Gusan upgraded the company to buy from neutral with a price target of $13 per share. That target
Read moreEuropean equities advance as nerves subside over banks
Stoxx Europe 600 Banks index rises 1.5% on hopes worst of crisis has passed for lenders
Read moreN Korea to restart diplomatic activity after 3 years of Covid isolation
Stalled nuclear talks could benefit as leader Kim Jong Un slowly reopens country, diplomats say
Read moreEnergy agency chief warns transition to renewables is way off track, issues warning on stranded assets
The energy transition is off track to prevent the worst impact of the climate emergency, according to the head of
Read moreTop Democrat to accuse US regulators of allowing SVB to ‘grow too big, too fast’
Sherrod Brown will draw parallels with 2008 financial crisis in Senate hearing
Read moreWilliam Hill hit with record £19.2mn fine
Gambling group dodges losing licence after swiftly improving consumer protection and money-laundering controls
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