Business

Europe Needs to Spend $3T to Cut Foreign Tech Reliance

Bloomberg Intelligence data show that Europe needs to spend about $3 trillion through 2035 to reduce its reliance on foreign suppliers for AI and other critical technologies. To achieve full autonomy, much larger investments would be…

Trainline, Virgin Atlantic and RED Driving School investigated over 'drip pricing'

The consumer watchdog said they were trying to find out if the three companies were not showing full prices upfront to customers.

Trainline, Virgin Atlantic and Red Driving School investigated over hidden ticket fees

UK competition watchdog investigation is part of broader clampdown on illegal ‘drip pricing’ Business live – latest updates The UK’s competition watchdog has launched investigations into Trainline, Virgin Atlantic and Red Driving School…

Alphabet raises $3.9 billion in inaugural Australian dollar bond

Kano hands Dangote skills centre to foundation in 20-year deal

Kano State Government signs 20-year deal with Aliko Dangote Foundation to manage the Aliko Dangote Skills Acquisition Centre, boosting youth vocational tra Read More…

Russian diamond exports to India drop by almost 50% year-on-year in January-June

In monetary terms, January-June deliveries declined by nearly 38% to $106.5 million

How Seamless Payments Drive iGaming Retention

Today’s iGaming players have more platform choices than ever – and they’re quick to leave if something feels off. A slow deposit, a failed withdrawal, or an unfamiliar checkout flow is all it takes to lose a player permanently. For…

Egypt Bond Risk at 2014 Low Shows Decade of Debt Distress Easing

Record foreign-currency reserves and a vote of confidence from the International Monetary Fund have cut Egypt’s risk premium to the lowest since 2014.

Treasury yields pull back from multi-decade highs ahead of FOMC minutes

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell 2 basis points to 4.686%.

Democratic socialist unexpectedly wins Florida primary

Angie Nixon beats army veteran Alex Vindman in party’s US Senate race

Oil prices spike after ships in Strait of Hormuz hit by fresh strikes

Three ships travelling through the contested Strait of Hormuz have been hit in recent days, according to British maritime officials, with casualties reported.

Traders Weigh Concerns Surrounding AI Buildout

Traders remain cautious as concerns over loose fiscal policy and heavy borrowing by the biggest spenders on the buildout of artificial intelligence are expected to keep yields elevated. Bloomberg's Neil Campling reports. (Source: Bloomberg)