BLOOMBERG Bitcoin traded near $42,000 after a turbulent stretch that lopped almost 8% from the largest digital asset and stirred predictions of more volatility heading into year-end. The token posted the drop from Saturday through Monday, the worst three-day performance since mid-August, according to data compiled by Bloomberg. The retreat from almost $45,000 dragged down wider crypto markets too. Some …

BLOOMBERG Treasury yields and the dollar fell before crucial US inflation data that investors will scrutinise for clues on the Federal Reserve’s next move on interest rates. Stocks posted moderate moves, with Europe’s Stoxx 600 Index and US equity futures little changed. France’s blue-chip CAC 40 index was set to close at a record high. Among individual stocks, Nokia Oyj …

RIYADH/ GULF TIME Carter & White, leading Emirati luxury fashion and premium home accessories brand, has opened its first branch in Riyadh, Saudi Arabia. The launch marks the company’s latest expansion milestone for 2023.Coinciding with the opening, a partnership agreement has been signed between Carter & White and renown Argentinian polo player Nacho Figueras, who has been appointed as a …