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Category: 3. Business
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‘Lights are blinking’: LaGuardia crash raises alarm over US aviation safety – Financial Times
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Regulatory Spotlight On FIS Raises Questions For Share Price And Valuation
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Regulators and industry groups are calling for tighter oversight of core banking service providers, including Fidelity National Information Services, NYSE:FIS.
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Concerns center on whether providers can keep systems updated quickly enough to meet evolving regulatory requirements.
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The discussion focuses on operational resilience, regulatory compliance and potential knock on effects for banks that rely on these platforms.
For Fidelity National Information Services, NYSE:FIS, this attention follows a period of weak share price performance. The stock trades around $46.29, with a 1 year return of a 32.1% decline and a 5 year return of a 65.3% decline, which frames how investors may view fresh operational or regulatory pressures.
As oversight debates progress, investors may want to watch how NYSE:FIS responds to questions on system upgrades, compliance processes and client communication. Any shifts in expectations on accountability, contract terms or technology investment could influence how both banks and shareholders assess the role of large core service providers.
Stay updated on the most important news stories for Fidelity National Information Services by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Fidelity National Information Services.
NYSE:FIS 1-Year Stock Price Chart Is Fidelity National Information Services’s balance sheet strong enough for future acquisitions? Dive into our detailed financial health analysis.
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✅ Price vs Analyst Target: At $46.29 versus a consensus target of $66.52, the price sits about 30% below where analysts group it.
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✅ Simply Wall St Valuation: Shares are flagged as undervalued, trading around 68.5% below the Simply Wall St fair value estimate.
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❌ Recent Momentum: The 30 day return of about 10.1% decline shows weak short term sentiment as this oversight story develops.
There is only one way to know the right time to buy, sell or hold Fidelity National Information Services. Head to Simply Wall St’s company report for the latest analysis of Fidelity National Information Services’s Fair Value..
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📊 Extra regulatory scrutiny on core banking vendors puts more attention on how FIS handles compliance workloads and technology upgrades for clients.
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📊 It may be useful to monitor any commentary about upgrade cycles, capital spending on platforms, and how contract terms with banks may evolve in response.
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⚠️ Existing flags around profit margins, dividend cover and debt levels mean any added compliance or resilience costs could pressure financial flexibility further.
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Marvell (MRVL) Initiated Buy as AI Semiconductor Growth Accelerates
Marvell Technology, Inc. (NASDAQ:MRVL) is among the 13 Best Strong Buy AI Stocks to Invest In Now.
On April 2, Erste Group initiated coverage of Marvell Technology, Inc. (NASDAQ:MRVL) with a Buy rating, citing strong financial performance and improving return metrics, including a doubling of net profit over the past five quarters and return on equity reaching 19%. The firm expects continued revenue and earnings growth, supported by Marvell’s leadership in high-performance analog and optical DSP technologies and its strategic positioning within the AI semiconductor ecosystem.
On March 31, Nvidia (NVDA) and Marvell Technology, Inc. (NASDAQ:MRVL) announced a broad strategic partnership centered on integrating Marvell’s solutions into Nvidia’s AI infrastructure ecosystem through NVLink Fusion, alongside a $2 billion equity investment by Nvidia. The collaboration spans custom silicon, networking, and optical technologies, enabling customers to develop scalable, high-performance AI systems. Additional analyst commentary characterized the investment as a strong endorsement of Marvell’s capabilities, with expectations for sustained growth driven by increasing adoption across hyperscale customers.
Marvell Technology, Inc. (NASDAQ:MRVL) is a leading semiconductor company specializing in data infrastructure, including custom AI processors, optical networking, and connectivity solutions. With deep integration into Nvidia’s expanding AI ecosystem, strong financial momentum, and growing demand from hyperscale customers, Marvell is positioned as a key beneficiary of AI infrastructure buildout, offering significant upside potential as adoption accelerates.
READ NEXT: Lithium Stocks List: 9 Biggest Lithium Stocks and 10 Most Undervalued Tech Stocks to Buy According to Analysts.
Disclosure: None. Follow Insider Monkey on Google News.
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Former Co-op boss was paid almost £2m before leaving after group’s difficult year | Co-operative Group
The former boss of the Co-op collected almost £2m before her sudden departure last month despite a difficult year when the retailer was pushed into the red by a damaging cyber hack.
Shirine Khoury-Haq’s total annual pay package amounted to £1.9m in 2025, including a £165,000 “rewarding growth” bonus that was approved by the mutual’s board despite falling sales and the slide to an underlying loss of £125m.
Khoury-Haq and other executives did not receive their regular annual bonus as the board said the company had not met an “affordability underpin” to make the payout. However, Khoury-Haq’s total pay did include a long-term performance bonus linked to earlier years.
In the Co-op Group’s annual report, the remuneration committee said it had decided to pay out 10% of the three-year potential total for the new “rewarding growth” incentive plan, which goes to all staff.
The report said: “The challenges of 2025 mean that on formulaic assessment, the targets to trigger payment under this scheme for the year were not met. However, the committee is keen to recognise the tremendous hard work and effort of all colleagues in an extremely challenging and difficult year.
“The way our colleagues responded with resilience and professionalism to an unprecedented malicious cyber-attack was truly remarkable.”
That meant full-time, frontline workers, such as shop floor staff, who were employed for all of 2025 received £100 each under the scheme.
The report did not say if Khoury-Haq would receive any compensation for loss of office on her departure but did make clear she would not receive any more from the “rewarding growth” scheme.
It said she was in line for a separate £682,000 performance bonus next May if conditions are met, and did not indicate if her departure would prevent payment. Overall, her pay package of £1.9m was down on £2.2m in 2024.
Kate Allum, a board member and former boss of the dairy group First Milk, will step in as the interim chief executive while a permanent replacement is sought.
Khoury-Haq’s departure after four years heading the company, and almost seven at the business, came a month after reports of concerns about the culture at the top of the group.
Last week, Khoury-Haq denied that her resignation was linked to the allegations of a toxic culture. “My decision to leave was very much a personal decision,” she said. “The reason is I want to go and do something else.”
In February the Co-op defended the behaviour of its bosses after reports said senior managers had complained of a toxic environment. The grocery and services chain said it did not believe the criticisms “represent the views of our broader leadership and colleagues”.
The Co-op “lost trading momentum” while it focused on the recovery from the cyber-attack and also said it had been affected by a “contracting convenience market” as household budgets came under pressure.
The group said it has faced “layered cost headwinds” of about £150m during the year from increases in employers’ national insurance, pay and packaging taxes.
A spokesperson for the the Co-op said: “The rewarding growth incentive plan is a three-year all-colleague scheme, with 53,000 eligible colleagues across Co-op receiving a payout this year. The board exercised discretion to recognise the extraordinary effort of colleagues during a very challenging year, including their response to the cyber incident.
“The 10% is the maximum outcome expected for this year and reflects both that contribution and our commitment to ensuring colleagues share in the recovery and future success of our Co-op.”
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How Investors May Respond To Arm Holdings (ARM) Launching Its First In-House AI Data Center CPU
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In late March 2026, Arm Holdings announced its first in-house AI data center chip, the Arm AGI CPU, extending its platform from licensing IP into production silicon for agentic AI workloads in partnership with leading customers such as Meta and major OEMs and cloud providers.
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Days later, IBM revealed a collaboration with Arm to build dual-architecture hardware for AI and data-intensive enterprise workloads, signaling that Arm’s move into CPUs is being woven directly into mission-critical, virtualized enterprise systems rather than staying confined to cloud hyperscalers.
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We’ll now examine how Arm’s entry into in-house AI data center silicon, anchored by the AGI CPU, may reshape its investment narrative.
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To own Arm today, you need to believe its core IP and royalty engine can keep compounding while the new AGI CPU business adds a second, durable growth leg. The key near term catalyst now is execution on ramping AI data center silicon with partners like Meta and major OEMs, while the biggest risk is that this expansion into full chips raises complexity and costs faster than profitable revenue scales. The IBM news reinforces the AI data center push but does not materially change that core risk.
Among the recent developments, the IBM collaboration stands out because it ties Arm’s AGI-era CPUs directly into virtualized, mission critical enterprise systems rather than just cloud hyperscalers. If IBM and Arm succeed in making Arm-based environments first class citizens in high availability, secure enterprise infrastructure, it could strengthen the investment case around AI data center adoption while also testing how well Arm can manage deeper platform integration without overextending its resources.
Yet behind the excitement around AGI CPUs, investors should be aware that rising R&D and execution risk in full-chip projects could…
Read the full narrative on Arm Holdings (it’s free!)
Arm Holdings’ narrative projects $7.4 billion revenue and $2.3 billion earnings by 2028.
Uncover how Arm Holdings’ forecasts yield a $148.09 fair value, in line with its current price.
ARM 1-Year Stock Price Chart Some of the most optimistic analysts, who were already modeling revenue of about US$9.7 billion and earnings near US$4.0 billion by 2029, see Arm’s AI chips as a way to offset risks like rising RISC V competition, but this new AGI CPU pivot could either strengthen that bullish case or expose just how differently you and those analysts view the trade off between growth and execution risk.
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Waitrose employee sacked after stopping shoplifter from taking Easter eggs | Business
A Waitrose employee of 17 years has described his devastation after being sacked for stopping a shoplifter who had ransacked a display of Lindt Gold Bunny Easter eggs.
Walker Smith, a shop assistant at a branch of Waitrose in Clapham Junction, south London, was going about his normal duties when a customer stopped him. “They told me someone had filled up a Waitrose bag with the eggs,” he said.
The 54-year-old said the shoplifter was a repeat offender. After spotting the thief, he “grabbed the bag” from the shoplifter, who snatched it back and, he said, there was a struggle for a few seconds before it snapped. The Lindt Gold Bunny Easter eggs, which retail for £13 each, fell to the floor and the shoplifter made a dash for the exit. Smith said one of the bunnies broke into pieces. He picked a piece of the broken bunny and “threw it out of frustration” towards some shopping trolleys, not aiming it at the shoplifter, he said.
He was told off by his manager and apologised but the matter was escalated. Smith said he was previously told not to approach shoplifters but the toll of seeing them get away with theft repeatedly spurred him into action. “I’ve been there 17 years. I’ve seen it happen every hour of every day for the last five years,” he said.
“It’s everybody from drug addicts to teenagers nicking bits and bobs or walking out with bottles of wine in their arms. We’re not allowed to do anything.”
He said security had been scaled back in the shop, with no guards working on Mondays and Tuesday because “shoplifting incidents aren’t reported enough”. This left non-security staff, including Smith, on the frontline of the problem.
Despite this, Walker said he regretted how he acted. “When I got home I was punching myself and thinking ‘Why did I do that’,” he said.
After a few days, Walker was hauled into a meeting with two store managers. “I had a feeling about what was going to happen,” he said. He made a final plea, telling his bosses “Waitrose is like my family” but he was still dismissed.
“I tried to stay strong and I didn’t say a word but inside I was crying. They led me out the back door by the bins. I just felt demoralised,” he said. Walker is diagnosed with anxiety, which he said his managers were aware of.
He had recently moved into his own studio flat after living with flatmates for 25 years, before being sacked. He worries about how he will keep a roof over his head. “I’m not too sure what’s going to happen with this place now. I might be homeless. My confidence is on the floor right now,” he said.
“Waitrose is like my family. My friends are there. I was there for 17 years, I must have been doing something right. I’m not a bad or violent or aggressive person. I just got frustrated seeing this day in and day out and not seeing Waitrose do much about it.”
Retail businesses, particularly supermarkets, have seen an increase in shoplifting. In England and Wales, there were 519,381 shoplifting offences in the year to September 2025, up 5% from 492,660 the previous year, according to data from the Office for National Statistics.
These numbers are narrowly below the record levels seen in the 12 months to March 2025, when a total of 530,643 offences were recorded.
In February, retail trade union Usdaw said workers face “unacceptable” levels of violence and abuse, with “evidence showing that two-thirds of attacks on retail staff are being triggered by theft or armed robbery”.
On Friday, the chief executive of Marks & Spencer, Stuart Machin, called on the government and London’s mayor to crack down on retail crime, saying it has become “more brazen, more organised and more aggressive”.
A Waitrose spokesperson said: “We take the safety and security of our customers and our partners incredibly seriously and to do this we have policies in place which our partners are aware of and required to follow.
“In reference to the point on guarding – we make absolutely sure that our shops have appropriate levels of guarding and this is constantly adjusted according to the level of risk.”
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Can defense save Europe’s ailing car industry?
Ludovic Marin | AFP | Getty Images
The European car industry is in a structural crisis. Slowing demand for electric vehicles, lost market share to Chinese competitors and higher borrowing costs have created the perfect storm for the sector over the past five years, as sales volumes continue to slump well below pre-pandemic levels.
Europe’s automakers have a long history of producing defense equipment and weapons when called upon during wartime. Some firms now think returning to these roots could offer a lifeline.
Analysts at Citi have dubbed this shift the “anything but autos” trade.
On Monday, Renault announced it was developing a ground-based drone for military and civilian use. This followed its announcement of a partnership with defense group Turgis Gaillard in January to produce aerial drones in France.
Meanwhile, German automaker Volkswagen is reportedly in talks with Israeli defense firm Rafael to produce parts for missile defense systems.
The pair are in discussions to convert VW’s factory in Osnabrück, Germany, into facilities for making components for the Israeli Iron Dome missile-defense system produced by Rafael, the FT reported on March 24.
European autos are struggling to compete directly with Chinese rivals, such as BYD. While new-car sales dropped in the EU through January, BYD stunned the market by reporting a 175% year-on-year increase in deliveries to 13,982 units, according to ACEA data.
The industry’s decline is felt in carmakers’ share prices, too. The Stoxx 600 Automobiles index has fallen 30% over the past five years as of April 2, while VW has tanked over 60% since then. Stellantis, which owns brands including Fiat and Peugeot, has shed 58% over the same period.
How the STOXX Europe 600 Automobiles & Parts index has performed in the five years since April 2021.
By contrast, the European defense industry is booming. The urgent need to rearm following Russia’s invasion of Ukraine in 2022 and an apparent fracturing of relations within NATO mean Europe must become more self-sufficient in its defense production.
Last year, EU president Ursula von der Leyen said Europe was in an “era of rearmament” and could mobilize 800 billion euros in defense investment through loans and other programs.
“The defense industry has huge growth prospects with government budgets and Nato requirements backing it,” Rico Luman, senior sector economist for transport and logistics at Dutch bank ING, told CNBC by email.
“For the defense industry it’s rather a question of how to expand production than if. Redirecting production capacity is an opportunity for the automotive industry.”
But other analysts question whether riding the coattails of the defense sector will be enough to save the ailing auto industry, flagging several concerns about carmakers’ ability to grow in this space.
A farewell to arms? Not so fast
The relationship between carmakers and weapons manufacturing has always been symbiotic. During World War II, automotive companies across the world halted civilian production to focus on their nations’ respective war efforts — producing military vehicles, aircraft engines, as well as guns and ammunition.
The transition from wheels to weapons and back again is achievable in part because many of the underlying skills are highly transferable, according to experts.
“There is significant overlap in capabilities, as both industries rely on advanced manufacturing, complex supply chains, and engineering,” Zuzana Pelakova, economy and business director at Slovakian think tank Globsec, told CNBC over email.
“There is also a historical precedent. Countries like Slovakia and Czechia – today among the world leaders in car production per capita – built much of their automotive strength on a workforce that once worked in defense industries before the end of socialism.”
VW is in a particularly tight spot, facing deteriorating profitability and looking to reduce headcount by 35,000 — or roughly 5% of its workforce — before 2030.
Should talks with Rafael or other defense suitors bear fruit, VW’s potential to repurpose its obsolete Osnabrück plant – which the company is due to close in 2027 – could save up to 2,300 jobs.
But Germany’s largest trade union said that transferring large numbers of workers from other industrial sectors to defense industry companies is “unrealistic” and “not a solution” to the industry’s structural problems.
“This will not be enough to offset the impending job losses in the automotive industry, among suppliers, and in other core sectors of the metal and electrical industries,” IG Metall told CNBC over email.
“The sectors operate too differently for that. Unlike in the high-volume automotive industry, for example, the defense sector is dominated by small-batch production. Even if production volumes are ramped up here, manufacturing will not resemble that of the automotive industry.”
Ethical concerns
Automakers’ partnerships with defense firms could also raise ethical concerns among workers, should they be given the choice of producing weaponry or facing layoffs.
Citi flagged the political risks involved, citing how public opinion of Elon Musk’s involvement in the U.S. President Donald Trump’s administration dovetailed with collapsing Tesla sales in Europe.
“What European political reaction any VW association with an Israeli defense company might attract is currently unknown,” the analysts added.
“If firms give workers the opportunity to keep their job, I would say the majority of the workforce would continue their contractual obligations and continue producing for defense manufacturers,” said Matthias Schmidt, founder of Schmidt Automotive Research.
“If you have a family to support, your morals can only go so far.”
Despite the flurry of partnerships between automakers and defense firms, analysts are skeptical of a full-blown pivot to weapons manufacturing.
“I do not expect leading automakers to become large-scale defense manufacturers,” Pelakova added. “What we are likely to see are selective and opportunistic moves into the defense sector.”
IG Metall said that on a large scale, defense cannot offer the solution to the industry’s woes.
“We warn against pinning all hopes on the defense industry and neglecting other sectors,” they told CNBC over email.
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400% gains for AI stocks help drive Hong Kong IPOs to 5-year high – Financial Times
- 400% gains for AI stocks help drive Hong Kong IPOs to 5-year high Financial Times
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Countries must not hoard fuel during Iran war, warns IEA – Financial Times
- Countries must not hoard fuel during Iran war, warns IEA Financial Times
- The IEA’s Fatih Birol on global energy market resilience in a moment of crisis Atlantic Council
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- Oil-shortage fallout will ooze slowly but surely The Daily Star
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Amazon set to add 3.5% surcharge for US, Canadian sellers due to elevated fuel costs
Photo Credit: iStock As the ongoing war in Iran continues to drive up oil prices, Amazon has added a new 3.5% fee to third-party sellers using its fulfillment services.
CNBC reported that the company announced the update in a note to sellers in the United States and Canada on Thursday, sharing that the fee will take effect on April 17.
Oil prices also surged Thursday as investors weighed how long the conflict in the Middle East would block crude oil shipments through the Strait of Hormuz.
Amazon cited “elevated costs” related to fuel and shipping as the reason for this charge.
In communication to sellers, Amazon explained that it had previously absorbed these costs, similar to other major carriers that implemented surcharges earlier this year.
However, to mitigate risks associated with rising expenses, the company indicated that these fees are necessary to recover part of the cost increases it has been facing.
With fuel prices on the rise, the expenses incurred by major carriers are being passed down to the platform’s sellers, which may in turn affect their customers, who are already facing financial challenges.
As fuel and energy prices rise across the U.S., the International Energy Agency has even advised people to reduce their fuel use, both to lower their own bills and to help prices stabilize overall.
The U.S. Postal Service, UPS, and FedEx have also imposed higher fuel surcharges since the start of the Iran war.
Amazon representative Ashley Vanicek said to CNBC that the new surcharge is “meaningfully lower” than those imposed by other carriers.
The fee averages an additional 17 cents per unit for Fulfillment by Amazon shipments, though it may vary, according to the company. Amazon hosts about 2 million sellers, and the majority of third-party sellers use FBA as their fulfillment method for products sold on Amazon, according to CNBC.
“We remain committed to our selling partners’ success and to maintaining broad selection and low prices for customers,” Vanicek said in a statement, per the publication.
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