Business

Treasury yields are broadly flat as investors mull uncertainty around peace talks

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was flat at 4.686%.

Europe’s wildfire season exposes climate insurance gap

Who will pay as climate-driven disasters become more frequent and destructive?

Bank of Korea board members consider more rate hikes, minutes show

Risk Demand Grows for Europe as AI Woes Hit US, Citi’s Chew Says

Europe’s stock market is the only major region to have experienced a meaningful improvement in risk appetite in recent weeks, supported by fresh capital inflows and better-than-expected earnings, according to strategists at Citigroup Inc.

Russian stock indices decline as trading on Moscow Exchange opens

By 10:15 a.m. Moscow time, the MOEX Index decreased by 0.54%, while the RTS Index fell by 0.53%

HSBC resumes buyback after big profit jump in first half

Saudi Aramco Reports 33% Profit Surge Despite War’s Disruption

Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.

KKR-Backed Infinx Services Said to Weigh $300 Million India IPO

Infinx Services Pvt., a healthcare revenue cycle management company, is considering an initial public offering of as much as $300 million in India, according to people familiar with the matter, joining a growing pipeline of healthcare…

Bond Funds Turn to Europe as Global Risks Become Harder to Price

European bonds are emerging as a safer choice for fund managers as they try to navigate an increasingly fraught global backdrop.

China’s AI blitz creates ‘death zone’ for rival U.S. model makers

The debut of five models in eight weeks shows Chinese developers approaching or in some cases surpassing the U.S. pioneers that are commonly held up as frontier AI leaders.

Apple’s India Sales Top $10 Billion on Widening Retail Push

Apple Inc. exceeded $10 billion in annual sales in India for the first time last fiscal year, underscoring surging demand for its pricey devices in a market where it’s steadily ramping up its retail network.

European Stocks Close at Record on Upbeat Earnings, Mining Rally

European stocks hit a record high, boosted by another strong set of earnings, a rally in mining shares and optimism that a Middle East truce will be reached soon.