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Global stocks extend gains

  Bloomberg Global stocks extended gains on Monday after posting their best performance in a month last week. US futures rise, with the Nasdaq 100 advancing 0.6% and technology heavyweights including Amazon.com Inc., Apple Inc. and Microsoft Corp. climbing in premarket trading. Tech shares also boosted indexes in Europe and Asia. Quarterly portfolio rebalancing by institutional buyers could be helping ...

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Crypto exchanges hunker down as woes pile up in India

  Bloomberg India’s largest digital assets exchanges are bracing for a drawn-out crypto winter — one with some unwelcome local twists. With token prices plummeting, customers unable to transfer money to their accounts and a dreaded transaction tax on cryptocurrencies just around the corner, exchanges like Binance-backed WazirX have put expansion plans on the back burner. “We have cut down ...

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G-7 negotiators put Russia oil price cap on agenda for leaders

Bloomberg Group of Seven (G-7) negotiators agreed that discussions on a potential price cap on Russian oil had progressed enough to send the issue to leaders to discuss at their summit in Germany. The negotiators known as sherpas held what one official described as “intense” talks on the matter in the Bavarian Alps before the summit began on Sunday. While ...

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