 | Netflix plans to cut USD 300 million in spending in 2023Netflix is also upgrading its ad-supported plan in terms of streaming quality and concurrent streams. In an effort to lower costs, Netflix also conducted job cuts last year. |
 | US reporter held by Russia on spying charges to stay in jailGershkovich, his employer and the U.S. government deny he was involved in spying and have demanded his release. |
 | WSJ: McDonald's to close offices briefly ahead of layoffsMcDonald's has more than 150,000 employees in corporate roles. About 70% of those employees are based outside the United States. |
 | WSJ editorial board calls for US to expel Russian ambassador, journalistsSpeaking to reporters before leaving to view tornado damage in Mississippi, Biden said that expelling Russian journalists was "not the plan right now." |
 | Russia arrests Wall Street Journal reporter on 'espionage charges'The FSB didn’t say when the arrest took place. Gershkovich could face up to 20 years in prison if convicted of espionage. |
 | World markets rise after recession fears pull Wall St lowerOn Wall Street, the future for the benchmark S&P 500 index was up 0.2 per cent. That for the Dow Jones Industrial Average was down 0.1 per cent. |
 | Asian, European markets mostly up ahead of US inflation dataThe consumer price index reading on Thursday is the key event for investors this week, though analysts warned that an above-forecast reading would deal a hefty blow to confidence. |
 | Asian benchmarks decline after bear market hits Wall StreetBenchmarks fell in Japan, Australia, South Korea and China. The Japanese yen’s continuing slide against the dollar paused. |
 | Global stock markets mixed after Wall Street bond sell-off fuels anxietyWall Street futures were lower after the benchmark S&P 500 index rose 0.3 per cent on Monday and the market price of a 10-year Treasury bond fell. |
 | Asian shares retreat as oil climbs back above USD 100 per barrelShares were mostly lower in Asia on Friday after Wall Street extended a rally into a third day and oil prices pushed higher, surpassing $105 per barrel. |
 | Oil prices sink more than 1 per cent amid global market plunge, US output spreeBrent crude oil futures were at $66.88 per barrel at 0236 GMT, down 74 cents, or 1.1 percent, from the previous close and more than $4 below their high point for 2018, hit last month. |
 | Wealthy financiers could gain from Trump's proposed tax cut for small businessesTrump called for a new "pass-through" tax rate of 25 percent that could mean big savings for owners of sole proprietorships and partnerships. |
