Oracle Slides 5% as Layoff Costs Outweigh Ellison’s Canceled $7.5B Stock Sale; Nebius and CoreWeave Fall 5%
We haven't written up this one. Yahoo Finance has the full story — the link below goes straight to it.
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Ten-year Treasury yield hits 5% for first time since 2023
Rise in US borrowing costs comes after Iran war sparked inflation shock
Crispin Odey loses bid to overturn lifetime ban from the City following sexual misconduct allegations
Crispin Odey has lost his bid to overturn a lifetime ban from working in the City following sexual misconduct allegations against him.
Federal Reserve: One-off September hike view – ING
ING economists James Knightley, Padhraic Garvey and Chris Turner now expect a 25bp Federal Reserve rate hike in September following Chair Kevin Warsh’s Jackson Hole remarks.
India, Brazil-led bloc ink pact for electronic origin certificates
India and the Mercosur bloc have signed an agreement for electronic Certificates of Origin. This move facilitates paperless trade and modernizes customs procedures between the two sides.
