Private sector hiring totaled 62,000 in March, better than expected, ADP says
Private sector employment growth kept pace, but health care and construction continued to provide nearly all the momentum.
Oracle layoffs will help cost savings, analysts say
Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center buildout.
Oil supply crunch will worsen in April, IEA warns as it weighs releasing more strategic reserves
The organization’s Executive Director Fatih Birol also warned that the Iran war had created the worst oil crisis in history.
Trump says he’s considering pulling U.S. out of ‘paper tiger’ NATO
The President’s comments are the latest threat to America’s allies after their reluctance to help reopen the Strait of Hormuz.
10-year Treasury yield edges higher as investors monitor developments with Iran war
The 10-year Treasury yield ticked up on Wednesday as investors assessed the prospect of a resolution to the conflict in the Middle East.
Novo’s Wegovy cleared by UK drug price watchdog for heart disease, expanding access by 1.2 million people
The new recommendation will significantly expand access to Wegovy on England’s NHS.
Europe stocks rebound strongly as Trump says Iran war will end in weeks
Shares listed in Europe kicked off the new trading month with a strong bounce.
Shares of China AI ‘tiger’ Zhipu surge 35% after revenue doubles in first earnings report
Shares of Chinese AI company Zhipu surged over 30% in trading, after posting strong revenue growth in its first earnings report since its IPO.
Big Japanese companies are feeling optimistic despite the Iran war — but it might not last
The positive sentiment may not fully capture the impact from the Iran war, analysts said, as Japan’s Tankan survey period ended in March.
CNBC’s UK Exchange newsletter: Trump’s $10 billion lawsuit is just one problem facing the BBC’s new boss
Former Google executive Matt Brittin’s appointment comes as the BBC prepares to battle a $10 billion defamation claim from U.S. President Donald Trump.
