[overnight global news you need to know on Wednesday] According to the White House, US President Joe Biden will veto the debt ceiling plan of US House Speaker John McCarthy. 2. The Fed swap market suggests that traders are no longer fully betting that the Fed will raise interest rates by mid-2023. 3. Putin signed a presidential decree on Russian assets seized overseas. 4. According to people familiar with the matter, the Russian government is considering reducing subsidies to oil refineries and is looking for ways to limit spending because of tight budgets. 5. Moody's Investor Service says Italy is the only country it tracks that is likely to lose its investment-grade rating. 6. Ukraine's state news agency reported on the 25th that Ukrainian President Zelanski held a meeting on the same day to formulate Ukraine's economic development strategy. During the meeting, the mode of ensuring Ukraine's economic growth, economic development in various fields, priority areas and investment policies were discussed. 7. OpenAI said it is studying the launch of a new enterprise ChatGPT subscription service, mainly aimed at professionals who want more control over data and enterprises looking to manage end users. Microsoft is planning to complete its acquisition of Activision Blizzard for $69 billion, although the Federal Trade Commission (FTC) blocked the deal in December on antitrust grounds. Microsoft is optimistic this week about getting approval from the UK for its acquisition, according to sources close to the tech giant. 9. As part of a massive rescue package, first Republic is considering divesting between $50 billion and $100 billion in long-term securities and mortgages, and the stock closed down nearly 50 per cent, according to people familiar with the matter. Microsoft's third-quarter revenue was $52.9 billion, with analysts expecting $51.03 billion; third-quarter earnings per share were $2.45 and analysts expected $2.24. 11. Apple is developing an artificial intelligence-driven health guidance service and a new technology to track users' emotions, in the company's latest attempt to target users with health and health care features. 12. Voyager Digital Ltd, a bankrupt cryptocurrency broker, said that Binance.US had terminated its agreement to buy the company. 13. On the evening of 25 April local time, the Ministry of Health of the Sudan stated that since clashes between SAF and Rapid support Forces broke out in 11 states of the country, 460 people had been killed and another 4063 injured. 14. The three major indexes of US stocks opened low and closed lower, with the Dow down 1.01%, the Nasdaq down 1.98%, and the S & P 500 down 1.58%. Technology stocks generally fell, hot Chinese stocks fell, and the NASDAQ China Golden Dragon Index fell 3.06%. WTI May crude oil futures closed down 2.15% at US $77.07 per barrel, while Brent June crude oil futures closed down 2.37% at US $80.77 per barrel. COMEX June gold futures closed up 0.24% at $2004.5 an ounce.