Monday , 9 February 2026

Recent Posts

Tech shares slide deepens as bonds drop, oil breaches $70

Bloomberg The biggest technology shares fell for a third day as investors showed signs of exhaustion with the sector amid a slew of corporate earnings. Government bonds declined ahead of key policy meetings from some of the world’s biggest central banks. The Nasdaq 100 Index sank almost 1 percent as the FANG cohort tumbled 2.2 percent, led by Netflix Inc. …

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Iranian rial tumbles as US sanctions loom

Bloomberg Iran’s rial tumbled to another historic low, resisting government efforts to shore up the economy as the restoration of US sanctions looms. In an effort to signal they’re taking action to fight profiteering and cushion the blow of the US economic offensive, authorities have rounded up more than two dozen merchants who they say exploited government currency measures for …

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Human bankers lose to robots as Nordea sets a new standard

Bloomberg Something interesting happened in Swedish finance last quarter. The only big bank that managed to cut costs also happens to be behind one of the industry’s boldest plans to replace humans with automation. Nordea Bank AB, whose Chief Executive Officer Casper von Koskull says his industry might only have half its current human workforce a decade from now, is …

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