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Markets
Oil hovers around $100 as US bonds suffer worst quarter since 1994
Oil prices bounced back above $100 a barrel on Thursday as a US-Iran deal remained elusive, while European stocks fell and US government bonds came off their worst quarter since 1994, with the 10-year Treasury yield at its highest since 2007.
Markets
European stocks rise after Fed hike while dollar hits seven-week high
European stock markets opened in positive territory on Thursday morning, shrugging off Wall Street's decline after the Federal Reserve raised interest rates for the first time in more than three years and signalled that further hikes are likely.
Markets
Anthropic priced above $2 trillion as markets eagerly await IPO filing
Traders are pricing Anthropic above $2 trillion (€1.73tn) in pre-IPO markets, more than double the company's valuation in its last private funding round, as investors wait for the public release of the S-1 filing that could open the way to the largest flotation in history.
Markets
Iranian rial in freefall as dollar breaks 2.1 million mark
The rial has lost 63% of its value against the dollar since March, with the euro hitting 2.55 million rials and gold coins changing hands at 2.26 billion. Iran's central bank governor pledged a $2 billion injection while acknowledging inflation had placed "heavy pressure on people's livelihoods."
Business
What is Truth API? The $100,000 feed that has landed Trump a lawsuit
Two press organisations have asked a Manhattan federal court to shut down Truth API, the service launched this month that sells Wall Street firms faster access to US President Donald Trump's Truth Social posts for up to $100,000 a month.
