French financial prosecutors search bank offices over dividend stripping – spokesperson
French authorities searched the offices of several large banks on suspicions of money laundering and fiscal fraud.
Alibaba to split into 6 units and explore IPOs; shares up 14% in the U.S.
Alibaba said Tuesday it will split its company into six business groups, each with the ability to raise outside funding and go public.
4G 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.
Elon 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.
Energy 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 the International Renewable Energy Agency.
Killer drones and multi-billion dollar deals: Turkey’s rapidly-growing defense industry is boosting its global clout
Turkish weapons sales, ramped up to meet surging demand due to the war in Ukraine, are bolstering its influence in Europe, the Middle East and beyond.
Asia is an area of certainty amid global volatility, says China’s Boao Forum outlook
Asia, especially China, is an area of certainty amid global uncertainty, according to an annual economic outlook report released at the Boao Forum in Hainan.
CNBC Daily Open: First Citizens made a good deal
Investors liked First Citizens Bank’s deal to buy Silicon Valley Bank’s deposits and loans so much that they pushed its stock 53.74% higher.
This is not another banking crisis, analysts say — it’s ‘sentiment contagion’ instead
Friday’s plunge in Deutsche Bank’s share price — despite relatively strong capital and liquidity positions — left many market watchers confounded.
Buying the dip on energy stocks? Wall Street pros name their top picks
Investors are flocking back to energy as oil prices dip. Two fund managers reveal their top stocks to take advantage of the sector’s recent weakness.
