BLOOMBERG Bitcoin dropped back below the closely watched $30,000 level amid a wider retreat in the cryptocurrencies, as stubbornly high inflation in the UK fanned fears of higher-for-longer interest rates. The largest token fell 4.5% before paring some of the slide to trade at about $29,175 in London. Ether shed 6% and smaller tokens like Solana and Avalanche suffered steeper declines. ...

BLOOMBERG US equity futures retreated along with European stocks and bond yields rose as traders assessed the latest corporate earnings reports against the backdrop of yet another hot inflation print from one of the world’s major economies. Contracts on the rates-sensitive Nasdaq 100 fell about 0.8%, while those on the S&P 500 were down 0.5%. Morgan Stanley gained in premarket ...

DUBAI / GULF TIME Rice has been much more than just a food source for thousands of years, with a rich history that spans back to 2500 BC. Across the Muslim world, rice has been a symbol of tradition and heritage, giving rise to a stunning array of diverse and delicious dishes, from the fragrant Nasi Goreng to the savoury ...