The 10 most important things in the world right now
Reuters/Olivia Harris
Good morning! Here's what you need to know on Tuesday.
1. European markets crashed to near one and a half year lows on Monday as banking stocks across the continent, dogged by concerns about global growth and excessive lending, dragged markets from Britain to Italy deep into the red.
2. India has blocked Free Basics, Facebook's plan to provide free internet access in the developing world. The service lets users access certain sites for free - but not the entire internet.
4. Viacom is said to be extending its deal with Snapchat which will allow it to sell advertising on the mobile app's behalf, the Wall Street Journal reported citing people familiar with the matter.
5. The benchmark 10-year Japanese government bond yield has fallen below zero for the first time ever. Last month the Bank of Japan stunned markets by adopting a negative interest rate.
6. HSBC will decide this week whether it will move its headquarters out of London, The Telegraph reports. According to the report HSBC is erring on the side of keeping its headquarters in London.
7. Rescuers deployed heavy machinery Tuesday in a renewed effort to locate more than 100 people trapped in the rubble of a Taiwan apartment complex felled by an earthquake as the 72-hour "golden window" for finding survivors passed.
8. An Irish Republican dissident group said it was behind a fatal shooting last Friday at an Irish boxing weigh-in, according to the BBC. One man was killed and two others wounded when gunmen opened fire at the event at the Regency Hotel in Dublin.
9. France's former budget minister Jerome Cahuzac, who stashed millions abroad while cracking down on tax cheats at home, went on trial on Monday for tax fraud.
10. Twitter shares hit a new all-time low on Monday, plunging below $15 for the first time ever. The stock dipped as low as $14.91 shortly after the markets opened, surpassing the previous all-time low of $16.08 on February 2.
And finally ... Here are 7 extremely wealthy people who choose to live frugally.
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Markets rebound sharply on buying in bank stocks firm global trends
- Bengaluru's rental income highest in Q1-2024, Mumbai next: Anarock report
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market