Business

Riskier AT1 Debt Is Most Stable in This Upside-Down Bond Market

The latest convulsions in bond markets exposed a quirk: Some of the riskiest, most complex structures have ended up being among the most stable.

Muon Space Raises $250 Million With Google, Salesforce Backing

Satellite startup Muon Space Inc. closed a $250 million funding round, raising capital from Alphabet Inc.’s Google and Salesforce Ventures LLC after launching 11 satellites into orbit and opening a manufacturing facility in California.

Treasury Buyback Gives Gold Another Lease of Life, UBS Says

UBS Chief Strategist Bhanu Baweja discusses Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt and its impact on wider markets including currencies and gold. "The fact that they want to keep long-end yields…

Alibaba cloud revenue rises 45% even as AI spending weighs on profit

Price of Brent oil up above $94 per barrel on London’s ICE first since July 24

As of 12:18 p.m. Moscow time, the Brent price was up by 2.64% at $94.04 a barrel

China Buys Saudi Crude in Rare Tender as Imports Stay Muted

China has bought millions of barrels of Saudi crude offered via a rare tender and under long-term contracts, although overall purchases still remain well below pre-war levels.

China Humanoid Robots Shift to Industrial Utility

At this year's World Robot Conference in Beijing, Chinese humanoid robot maker Unitree’s founder declared that humanoid robots could take off commercially in just two years. The industry is moving beyond viral entertainment, sharpening its…

Alibaba’s Revenue Climbs 9% in Testament to China’s AI Boom

Alibaba Group Holding Ltd. reported a 9% jump in revenue, after a boom in Chinese AI development propelled demand for the computing capacity its cloud arm provides.

Bessent’s Plan at Best ‘Circuit Breaker’ for Global Bond Slump

The global bond rally triggered by Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt may prove short lived, with analysts citing persistent worries about fiscal woes and sticky inflation globally.

Price of Bitcoin up by more than 10% surpassing $71,000

The price of Ethereum climbed by 18.8% to $2,277.79

Thales Selling Bonds to Help Fund Deal for Sea-Drone Maker Exail

French defense company Thales SA is set to sell a dual-tranche bond offering on Thursday to help fund its acquisition of maritime robotics firm Exail Technologies SA.

Our 4-year-old son has $100,000 in his 529 account. Should we buy him stocks instead?

“He also has a brokerage account, but there’s only $500 in it.”