Alphabet plans to issue a rare 100-year bond as part of a massive debt issuance. This marks the first time a tech company has issued such long-term debt since the late 1990s. According to a source familiar with the matter, the 100-year bond will be denominated in pounds sterling, along with four other pound sterling […]

Tech stocks rallied again after a stock market crash triggered by artificial intelligence, following economic data releases that will help influence the Federal Reserve’s policy outlook. Bitcoin fell below $70,000. Gold prices broke through $5,000. The S&P 500 continued its slight gains on Monday after its market capitalization surged by $1 trillion. Tech companies, which […]

With the future of British Prime Minister Keir Starmer uncertain, hedge funds are betting on further weakness in the pound. On Monday, the pound fell 0.5% against the euro to 0.8725, a new low since January 22. This followed the resignation of Starmer’s chief of staff on Sunday, who was unhappy with Peter Mandelson’s appointment […]

Oil prices fell as tensions eased in the Middle East, reducing the likelihood of near-term supply disruptions. Brent crude fell below $68 a barrel, after falling nearly 4% the previous week, while West Texas Intermediate crude approached $63 a barrel. Iran and the United States held talks in Oman on Friday in an attempt to […]

The ECB will assess the impact of the recent euro’s rise on consumer price growth in its quarterly forecasts to be released in March, but Executive Board member Piero Cipollone told the Cyprus news agency that recent moves have been rather limited. According to a record published on the ECB’s website on Sunday, an Italian […]

Global stock market sell-off is expected to intensify further on Friday, after sharp declines in US tech stocks and cryptocurrencies dampened risk appetite, prompting investors to turn to US Treasuries. US stock index futures opened more than 0.6% lower on Friday, following a broad decline in Wall Street indices, with the Nasdaq 100 suffering its […]