BUSINESS NEWS
- The Hair-Raising Stakes of Flying Into Beirut's AirportBeirut-Rafic Hariri Airport has operated almost without interruption since Israel began targeting Hezbollah personnel and weapons nearby with regular airstrikes south of Beirut.
- Canada's Liberal Government Agrees to Exempt Sales Tax on Some Goods, ServicesCanada’s minority Liberal government is expected to deliver financial breaks for households aimed at helping cash-strapped consumers and rekindling activity.
- China Is Building 30,000 Miles of High-Speed Rail---That It Might Not NeedThe train system is one of the biggest public works in history, and it’s becoming a giant money pit.
- Biden Approves Antipersonnel Mines for UkraineThe move is part of a broader push to counter the Russian military and provide Ukraine with more leverage in possible negotiations.
- Chinese-Registered Ship Is Held in Baltic Sea Sabotage InvestigationA Chinese ship that sailed over two severed data cables in the Baltic Sea around the time they were cut has been stopped by the Danish navy as part of an international investigation into what police say is a possible act of sabotage.
- Cease-Fire Between Israel and Hezbollah Edges Closer, U.S. Envoy SaysAmos Hochstein, the lead U.S. negotiator, said he had made progress on a trip to Beirut and would travel to Israel to try to secure a cease-fire agreement that has so far proven elusive.
MARKET NEWS
- India's Sensex Down 0.6%, Dragged by Adani Stocks, Bank SharesIndia’s Sensex was down 0.6% at 77093.63 in early trade, dragged by falls in Adani Group stock and bank shares.
- Singapore Dollar Strengthens Slightly, Supported by Lower U.S. Treasury 10-Year YieldSingapore dollar strengthened slightly against its U.S. counterpart in the Asian session, supported by a lower 10-year Treasury yield.
- Oil Rises Amid Ongoing Geopolitical Tensions in EuropeOil rose in the morning Asian session. The ongoing escalation of the Russia-Ukraine conflict could impact the oil market as traders assess the possible developments, Exness said.
- Gold Edges Higher, Supported by Geopolitical UncertaintiesGold edged higher in early Asian trade. The precious metal was still supported by geopolitical uncertainties, Sucden Financial said.
- JGBs Fall, Tracking Declines in U.S. TreasurysJGBs fell in the morning Tokyo session, tracking overnight price declines in U.S. Treasurys.
- The WSJ Dollar Index Rises 0.4% to 100.82The WSJ Dollar Index was up 0.4% to 100.82 — snapping a three-trading-day losing streak.
- Nasdaq Slips; Nvidia's Sales SoarU.S. stocks closed mixed before chip maker Nvidia released its quarterly results, beating expectations for sales and profit.
TECHNOLOGY NEWS
- Google Should Be Forced to Sell Chrome Browser, Justice Department SaysA spinoff would be a major blow to Google following its loss in the antitrust trial.
- Palo Alto Networks Full-Year Guidance Disappoints; Shares SlipPalo Alto Networks raised its outlook for the year and said revenue climbed in its fiscal first quarter fueled by further subscription growth.
- Tech, Media & Telecom Roundup: Market TalkFind insight on STMicroelectronics, Deutsche Telekom, Sage, and more in the latest Market Talks covering technology, media and telecom.
- Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding RoundThe artificial-intelligence company has told investors it raised $5 billion in its latest funding round.
- U.S. Military Selects Little-Known Utah Supplier for Drone ProgramThe Army chose Teal Drones to provide thousands of reconnaissance aircraft, bypassing some of venture capital’s best-funded drone makers.
- 8 Epic Startup Failures: Sign Up for WSJ's Newsletter
- Tech, Media & Telecom Roundup: Market TalkFind insight on Walmart, Informa, CelcomDigi, and more in the latest Market Talks covering Technology, Media and Telecom.