Israel's Supreme Court ruled last week that the ministerial appointment of Shas party leader Aryeh Deri was "extremely unreasonable" in light of his conviction last year for tax evasion. The court also noted his subsequent promise to quit political life as part of a plea deal and his conviction two decades ago on bribery, fraud and breach-of-trust charges while in office, for which he served nearly two years in prison.
Russia Claims Advances in Ukraine's South as Allies Stall on Tank Deliveries
Moscow said its forces advanced in Ukraine's southern Zaporizhzhia region as Kyiv's Western allies continued pressuring Berlin to allow deliveries of German-made tanks to Ukraine.
Russia's Defense Ministry said Sunday that Russian troops had advanced in the partially occupied region and taken more advantageous lines and positions. The ministry's spokesman, Lt. Gen. Igor Konashenkov, didn't provide further details.
Elliott Management Takes Big Stake in Salesforce
Activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc., according to people familiar with the matter, adding to the pressures facing the business-software provider.
While details of the campaign couldn't be learned, Elliott, one of the biggest and most prolific activists, often seeks board representation and pushes for companies to make operational improvements and other changes.
Tech Layoffs Unwind Recent Head-Count Growth, Torpedo Long-Shot Projects
Google and Microsoft Corp. this past week joined other tech companies, big and small, in cutting jobs and shelving some products and projects as the industry grapples with economic turbulence.
The big question now: Will those moves be enough?
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Expected Major Events for Monday
07:00/DEN: Jan Consumer expectations
07:00/DEN: Dec Central Government Finance & Debt
09:00/POL: Dec PPI
09:00/POL: Dec Industrial Production Index
09:00/POL: Dec Retail Sales
10:00/MLT: Dec RPI
15:00/EU: Jan FCCI Flash Consumer Confidence Indicator
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(END) Dow Jones Newswires
01-23-23 0015ET