Ukraine President Volodymyr Zelenskyy acknowledged that the situation is deteriorating in and around Bakhmut, a besieged mining city in Donetsk.
Santander lifts profitability goal to 15-17%, pay-out to 50% in 3-year strategy
Spain’s Santander said it plans to raise its return on tangible equity ratio to between 15%-17% for the period 2023-2025.
India’s Adani to repay up to $790 million share-backed loans by March, sources say
The group will hold a fixed-income roadshow this week in Singapore and Hong Kong to shore up investor confidence amid share price falls and a regulatory probe.
Credit Suisse ‘seriously breached’ obligations in Greensill case, Swiss regulator says
Credit Suisse “seriously breached its supervisory obligations” in the context of its business relationship with financier Lex Greensill and his companies, Swiss regulator FINMA concluded Tuesday.
CNBC Daily Open: Stocks rebound from their worst week this year — but analysts aren’t optimistic
Markets pulled back from their lows of last week and managed to stage a rebound. But they’re still on track to end February in the red.
ChatGPT use could spark a new market for chipmakers worth ‘tens of billions’ annually, Bernstein calculates
Chips driving AI queries could mark a multi-billion dollar annual market opportunity for the semiconductor industry, according to Bernstein.
British supermarkets are rationing fruit and vegetables as shortages bite
Poor weather conditions and higher energy costs have led to restrictions on popular salad items.
Target ekes out slight growth in holiday-quarter sales, but warns of continued slowdown
CEO Brian Cornell in a release cited “a very challenging environment,” with groceries, beauty items and household essentials lifting sales as consumers focused on necessities.
‘High-quality’ and ‘reliable’: Investor says Apple is a good stock for a volatile market
Tech investor Mark Hawtin says Apple “provides certainty in an uncertain environment.”
Motorola shows off a rollable smartphone with a screen that can extend vertically
The phone, which is being shown off at Mobile World Congress in Barcelona, has a flexible five-inch display that extends to 6.5 inches when pushed upwards.