European stocks close higher as banking concerns continue to ease; H&M up 16%
European markets closed higher Thursday, with most sectors posting gains as concerns over the banking sector ease.
Sam Bankman-Fried pleads not guilty to latest round of federal fraud, bribery charges
Sam Bankman-Fried pleaded not guilty in New York federal court Thursday to five additional charges related to the collapse of FTX and Alameda Research.
Wells Fargo thinks Netflix has 20% upside from here. Here’s why
The firm sees the stock gaining 20.5% in the next 12 months after already outperforming so far this year.
UAE leader breaks with tradition, appoints son as crown prince
Developments in the Gulf state are closely watched, as the UAE’s power and influence has increased dramatically — politically, militarily and economically.
OpenAI faces complaint to FTC that seeks investigation and suspension of ChatGPT releases
The Center for AI and Digital Policy accuses OpenAI of violating a part of the FTC Act that prohibits unfair and deceptive business practices.
Fear gauge shows Wall Street’s worries about a banking crisis have largely subsided
The CBOE Volatility Index, which began March at 19 and went to 30 in the middle of the month, is back to 19.
Pope Francis getting better, hospital treatment continues – Vatican
Pope Francis’s health is improving following his hospitalization for a respiratory infection, and he has resumed working, the Vatican said on Thursday.
EU agrees to ramp up 2030 renewable energy targets, accelerating shift from fossil fuels
The European Union is poised to ramp up its 2030 renewable energy targets.
Taiwan leader’s meeting with McCarthy could provoke a ‘big’ reaction from China, says analyst
A meeting between Taiwan’s leader and U.S. House Speaker will provoke a strong reaction from China, said Anna Ashton, China director at the Eurasia Group.
EU regulators distance themselves from Credit Suisse bond writedowns
The Single Resolution Board’s Dominique Laboureix had a clear message for investors: we respect the hierarchy.
