U.S. banking stocks rose on Monday and Europe's lenders recovered from a sharp early sell-off after UBS Group's state-backed takeover of Credit Suisse appeared to close off one source of worry for the global banking sector.
- World'Dear friends' Xi and Putin meet in Moscow as Ukraine war rages
Chinese President Xi Jinping met his "dear friend" Vladimir Putin in Moscow on Monday, seeking both to deepen economic ties with an ally he sees as a useful counterweight to the West and to promote Beijing's role as a potential peacemaker in Ukraine.
- World at WorkAmazon to cut 9,000 jobs in second round of layoffs
The cuts will be in the tech giant's cloud services, advertising and Twitch units.
- WorldIsraeli minister says "no such thing" as Palestinian people
Bezalel Smotrich, responsible for the administration of the occupied West Bank, drew condemnation after he said there was no Palestinian history or culture and no such thing as a Palestinian people.