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Tech leads stocks lower; dollar drops with yields

Bloomberg A slide in technology shares sent most US equities lower, while Europe’s benchmark rose and Asian shares extended a losing streak as traders turned their focus to the outlook for monetary policy amid lingering worries for global trade. Chipmakers extended their slide as Goldman and Stifel downgraded several US peers amid mounting industry concerns. Telecom stocks were also among ...

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Crypto’s 80 percent plunge worse than dot.com crash

Bloomberg The Great Crypto Crash of 2018 looks more and more like one for the record books. As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse from a January high to 80 percent. The tumble has now surpassed the Nasdaq Composite Index’s 78 percent peak-to-trough decline after the dot-com bubble burst ...

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Norway poised to battle with giants in German gas market

Bloomberg After supplying Europe’s biggest economy with natural gas for more than four decades, Norway is preparing to defend its share as the world’s biggest producers all vie for a larger slice of the $21 billion market. Russia began building a second giant pipeline to Germany and US President Donald Trump is turning up the rhetoric in an attempt to ...

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