Vodafone shares drop 7% after record 11,000 jobs cut as CEO says telco ‘must change’
Vodafone said it would cut 11,000 jobs over three years, out of a total headcount of just over 100,000.
UK jobless rate rises, potentially easing Bank of England inflation worries
Britain’s unemployment rate unexpectedly rose to 3.9% in the three months to March.
Kyiv hit with onslaught of missiles, drones; Kremlin reacts to CIA recruitment video
Ukraine’s capital has been hit by another Russian air attack overnight, with officials saying that the latest strike was “exceptional” in its intensity.
CNBC Daily Open: Markets are playing a waiting game
Washington’s brinkmanship over the country’s debt ceiling continues for another day.
As the wind power industry looks to super-sized turbines, disruptors are betting on radical designs
New designs and ideas are providing a glimpse into how wind energy could develop in the future.
China’s economic data misses expectations as economy continues to show uneven recovery
China’s activity data for April continued to show an uneven path for recovery as the economy continues to emerge from the impact of its stringent Covid restrictions.
China’s security crackdown could signal new realities for foreign investors
Foreign investors are left wondering if Beijing’s crackdown on due diligence firms is another way China is limiting foreign access to investment information.
CNBC Daily Open: Investors are playing a waiting game
Washington’s brinkmanship over the country’s debt ceiling continues for another day.
Hedge fund says hard landing is ‘most likely’ and names 3 global stocks to play it
David Neuhauser of Livermore Partners identified the global stocks he believes will perform well if there’s a economic hard landing.
‘Really exciting’: Fund manager picks A.I. stocks and names an opportunity ‘we haven’t seen yet’
Big tech isn’t dead, according to portfolio manager Trent Masters. He said one stock is the “first port of call” for those wanting to play the AI trend.
