European shares sag on Tehran’s Hormuz zone plan and imminent ECB hike

European shares sag on Tehran’s Hormuz zone plan and imminent ECB hike

European shares sag on Tehran’s Hormuz zone plan and imminent ECB hike
Space Exploration Technologies Corp (SPCX +5.00%), also known as SpaceX, is investing heavily in artificial intelligence (AI). While the business may be known for its rockets, it’s actually the AI segment of its operations that takes up the lion’s share of its capex. While that can lead to significant growth potential for SpaceX and help…
MSCI Inc. (NYSE: MSCI) and UBS Group AG have announced a strategic partnership designed to bring greater transparency to private markets, combining the two firms’ respective strengths in data, analytics and alternatives expertise. Announced July 9, 2026, the partnership pairs MSCI’s independent data, analytics and modeling capabilities with UBS’s alternatives expertise and global client insights….
Five Die as 7.7 Magnitude Earthquake Hits Indonesia and Tsunami Threat Eases Major Earthquake Strikes Indonesia: Impact, Response, and Aftermath By Dewi Kurniawati Casualties and Immediate Effects JAKARTA, Aug 15 (Reuters) – At least five people died after an earthquake of magnitude 7.7 and dozens of aftershocks struck off eastern Indonesia early on Saturday, a…
Rate hold path stays intact ahead of September decision The Bank of Canada held its overnight rate at 2.25% on July 15, for the sixth consecutive time, with its next announcement set for September 2. Brokers monitoring variable-rate mortgage exposure will note that divisions among Bank of Canada decisionmakers on the economy’s resilience have surfaced in…
Forward look: As the regulatory landscape for digital assets becomes clearer, it is vital that stablecoin reserves, custody and settlement services, and the provision of liquidity not be concentrated within a small number of companies. What’s at stake: If an increasing share of the digital dollars end up relying on the same banks, the same…
For years, the biggest threat to the U.S. government bond market was supposedly China. Many feared a politically motivated fire sale by America’s adversary could destabilize the U.S. financial system. That never happened. But as Beijing has shed its Treasury exposure, a new – and arguably greater – bond market risk has arisen closer to…