EMEA Morning Briefing - Shares to Edge Higher;

BREAKING BUSINESS TECH SCIENCE SPORT EDITORIAL GUEST LETTERS PR AUTOMOTIVE GAMES EDUCATION HEALTH COOKING EVENTS FASHION CELEBRITIES POLITICS

According to Monday's data from the Russian Ministry of Finance, oil and gas revenues fell 46% in January compared to the same month last year. Military purchases drove the increase in government spending by 59

According to Monday's data from the Russian Ministry of Finance, oil and gas revenues fell 46% in January compared to the same month last year. The increase in government spending was largely due to military purchases.

DNIPRO, Ukraine Ukraine warned that Russia was finishing preparations for a major offensive this month. Kyiv signaled that a reshuffle would take place in its military leadership following a corruption scandal that rocked the Defense Ministry.

Serhiy Haidai (the governor of the Luhansk Region in eastern Ukraine) stated that Russia was continuing to increase its offensive capabilities and bring in troops to front line positions while decreasing its rate-of-fire in certain areas to conserve ammunition for the upcoming advance.

According to people familiar with the matter, CVS Health Corp. is close in reaching an agreement to buy Oak Street Health Inc., which would include debt and increase the company's footprint of primary-care physicians with a large network senior-focused clinics.

According to people, the companies are considering a price of $39 per share. They said that the deal could be announced as early as next week if it is approved. CVS is expected to report earnings on Wednesday.

Sundar Pichai (chief executive of Google parent Alphabet Inc.), said Monday that the new experimental service Bard generates textual answers to users' questions using information from the web.

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EMEA Morning Briefing - Shares to Edge Higher;

According to Monday's data from the Russian Ministry of Finance, oil and gas revenues fell 46% in January compared to the same month last year. Military purchases drove the increase in government spending by 59

Asia Pacific stocks rise as global banking turmoil worries ease

Tuesday's rise in stock prices in the Asia Pacific region was due to concerns about the global bank sector. This was in response to a whirlwind intervention by policymakers as well as industry players.

Vietnam faces huge challenges in accelerating digital revolution

Vietnam has the potential to become a developed nation through digital transformation. Experts agree that there are many obstacles to ensuring a rapid, smart, and green digital transformation.

Global finance is rocked by Switzerland's secretive Credit Suisse rescue

A few days before a hurriedly convened press conference that would make the headlines around the world, the political elite of Switzerland were secretly preparing a move.

Amazon to lay off thousands of workers in the 'next few days'

Amazon is planning to lay off 9,000 employees across multiple departments. Similar action was taken in November, when 18,000 employees were let go by Amazon.

Russia Benefits More from a Renewed Grain Export Agreement than Ukraine

Both Russia and Ukraine must maintain exports. However, Russia's production is far greater than Ukraine's and Russia is a major beneficiary of the rollover of the grain export deal.

Los Angeles school workers will strike for three days

A union representing 30,000 Los Angeles school bus drivers, cafeteria workers, and school custodians will strike for three days Tuesday. This will effectively stop classes for more than half a million students.

Netflix Verification Hits the Market; The Metaverse Already Has Lost Its Shine

Netflix's inventory is highly sought after, but this also makes it a target of fraudsters.

Foot Locker to close 400 stores by 2026

Foot Locker plans to close 400 stores by 2026. This is in an effort to be more relevant to younger shoppers. It will relaunch its retail brands, introduce "experiential" store concepts, and simplify its operations by closing down underperforming mal.

Microsoft plans to launch its own mobile games store, similar to Apple and Google.

According to a media outlet, Phil Spencer, Microsoft's chief gaming officer, stated that the EU Digital Market Act (DMA) will help the company achieve its goals for mobile app stores. It is due to take effect in March 2024.

Jamie Dimon leads efforts for a new First Republic Bank rescue plan

First Republic Bank was downgraded on Monday due to concerns that the bank in San Francisco, which is in serious financial trouble, needed additional liquidity.