ABU DHABI / WAM Edge entity Milrem Robotics, Europe’s leading developer of robotics and autonomous systems, on Wednesday unveiled the THeMIS Combat unmanned ground vehicle (UGV), equipped with the HALCON Hunter 2-S swarming loitering munition. HALCON is a regional leader in the design and production of guided weapons systems and beyond. The new THeMIS Combat was unveiled in London at …

BLOOMBERG The dollar is poised to jump with Treasury yields in the coming months as still-elevated inflation will likely push the Federal Reserve toward further policy tightening, says Clifton Hill at Acadian Asset Management. Hill, a global macro portfolio manager, sees the US currency gaining an additional 5% versus many peers, with the trigger coming as policy makers signal further …

BLOOMBERG US equity futures traded little changed as traders awaited inflation data for clues on whether policy makers will keep rates higher for longer. Europe’s Stoxx 600, meanwhile, retreated 0.7% as stagflation concerns mounted. The pound extended declines to a three-month low after the UK economy shrank at the quickest pace in seven months. Crude prices jumped after warnings from …