European Bonds Lead Global Selloff as Inflation Fears Build
European bonds slid on Tuesday as record UK wage-growth data buttressed the case for more interest-rate hikes, making the prospect of a long-hoped for pivot all the more elusive.
European bonds slid on Tuesday as record UK wage-growth data buttressed the case for more interest-rate hikes, making the prospect of a long-hoped for pivot all the more elusive.
Nine months after the chatbot sent schools into a panic, colleges are slowly learning to live with AI.
Uganda’s central bank said it stands ready to act if the World Bank’s decision to halt new funding over the country’s passage of anti-LGBTQ legislation impacts the currency further.
Russia will raise the export levy paid by its oil producers in September to the highest level this year, boosting state coffers as the price of the nation’s crude surges.
Legal & General Group Plc’s asset management arm saw assets fall by £132 billion ($168 billion) as clients pulled cash and rising interest rates eroded the mark-to-market value of its holdings.
Move Forward Party, the surprise winner in Thailand’s May election, ruled out support to a coalition led by its former ally and prime minister candidate Srettha Thavisin, a move likely to give conservative groups a greater say in the formation of a new government.
In the private market where the world’s largest leveraged buyouts are funded, borrowers get to decide who buys their debt. Recently they’ve discovered they can’t be too choosy.
While investors are focused on Ecuador’s tumultuous presidential election, two other measures on the ballot in the Aug. 20 vote will also shape the country’s financial future.
For the last eight months, Sam Bankman-Fried has been cooped up in his childhood home in Palo Alto, a 3,000-square-foot house, with a backyard and the company of his parents.
Ola Electric Mobility Pvt. is expanding its electric two-wheeler lineup – with its first motorbike and cheapest scooter yet – as it seeks to lure buyers away from gasoline-fueled transportation.