Apple CEO Tim Cook praises China’s innovation, long history of cooperation on Beijing visit
Cook is in Beijing to attend the China Development Forum, a government-organized event being held again in full force after the country ended its Covid controls late last year.
Intel co-founder Gordon Moore, creator of ‘Moore’s Law,’ dies at 94
Intel co-founder Gordon Moore, a pioneer in the semiconductor industry, died Friday at the age of 94, the company announced.
The market’s initial reaction to a Fed rate hike is ‘almost always a head fake,’ Jim Cramer says
CNBC’s Jim Cramer said Friday that the initial market sell-off prompted by the Fed rate hike may point to a reversal in the coming months, based on past data.
Deutsche Bank is not the next Credit Suisse, analysts say as panic spreads
Central banks and regulators had hoped that the Credit Suisse rescue deal would help calm investor jitters about the stability of Europe’s banks.
Europe’s leaders battle banking crisis as market rout hangs over Brussels summit
Shares of Deutsche Bank traded more than 14% lower at one point Friday after a Thursday evening surge for its credit default swaps.
Activision shares jump as British competition regulator drops key concern on Microsoft takeover
The U.K.’s competition regulator on Friday said it has narrowed the scope of its investigation into Microsoft’s takeover of Activision.
King Charles’ visit to France postponed after wave of protests
The new monarch was due to visit Paris and Bordeaux in a trip beginning Sunday, both of which have seen tense protests.
Deutsche Bank shares slide after sudden spike in the cost of insuring against its default
Deutsche Bank shares fell on Friday after a spike in credit default swaps on Thursday night, as concerns about the stability of Europe’s banks persisted.
TikTok wants to distance itself from China — but Beijing is getting involved
China said that it would “strongly oppose” a forced sale of TikTok from its parent ByteDance, as the app faced intense scrutiny and a potential ban in U.S.
Crypto firm Tether says it has around $1.6 billion in excess reserves to back its USDT stablecoin
Crypto firm Tether estimates it will make $700 million in profit in the March quarter, taking its total excess reserves to over $1.6 billion, its CTO said.
