The 10-year Treasury yield, the most important number in global finance, has broken through to its highest level since 2002. Bond yields are assumed to have an inverse relationship with stocks, so a move of this magnitude should be a problem for equities. But it hasn’t been, and Bloomberg Opinion columnist John Authers explains why. (Source: Bloomberg)
A selloff in shares of European banks resumed on Wednesday, with the likes of Societe Generale SA and Deutsche Bank AG tumbling more than 5%, as mounting fears over political turmoil sent bond yields higher.
(RTTNews) - Artelo Biosciences (ARTL), a clinical-stage pharmaceutical company focused on lipid-signaling pathways, announced that it has been selected to deliver its first company presentation at BIO-Europe 2026 in Cologne, Germany.
The contract rate on a 30-year fixed mortgage rose 19 basis points to 7.49% in the week ended Oct. 2, its highest point since November 2023. This could pose a problem for Republicans heading into the midterm elections. Bloomberg Surveillance anchors discuss the news. (Source: Bloomberg)
A Saudi-led coalition launched a military campaign this week against the Iran-backed Houthi militia in the country, reviving memories of its previous effort.
The Canadian branch of the billionaire Weston family agreed to buy health retailer Boots for $8.9 billion including debt, the latest change of hands for the pharmacy chain and a UK return for the former Selfridges owner.
(RTTNews) - SciSparc Ltd. (SPRC), through its majority-owned subsidiary NeuroThera Labs (NTLX.V), announced that subsidiary CliniQuantum reported successful quantum-enabled analysis of billions of gene combinations using real-world clinical data.
France's student protests took a breather on Wednesday after weeks of unrest, but market pressure on the French government intensified ahead of budget talks.
France's student protests took a breather on Wednesday after weeks of unrest, but market pressure on the French government intensified ahead of budget talks.
France's student protests took a breather on Wednesday after weeks of unrest, but market pressure on the French government intensified ahead of budget talks.