U.S. banking stocks mostly 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.
- WorldPutin flaunts alliance with Xi as 'dear friends' meet in Kremlin
Vladimir Putin hosted his "dear friend" Xi Jinping for dinner in the Kremlin on Monday, showing off his relationship with his most powerful ally just days after an international court called for the Russian President's arrest for war crimes in Ukraine.
- TechnologyAmazon deepens tech-sector gloom with another 9,000 layoffs
The slashing focuses on Amazon's highly-profitable cloud and advertising divisions, as well as streaming unit Twitch.
- 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.