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Stocks decline, bonds rally as banking stress deepens

BLOOMBERG European stocks decline and US equity futures retreated as the emergency weekend sale of Credit Suisse Group AG to UBS Group AG failed to soothe market jitters over the health of the banking system. Investors turned to the safest assets, spurring gains in Treasuries, while gold rose on haven demand. The Stoxx Europe 600 index dropped 0.7%, with a ...

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Bitcoin thrives in chaos, breaks above $28,000 for first time since June 2022

BLOOMBERG Turmoil in the banking sector, hotter-than expected inflation data, and renewed hopes for a dovish Federal Reserve has Bitcoin reaching levels not seen in about nine months. The largest digital coin topped $28,000 for the first time since June 2022, trading at around $28,200 on Monday. Bitcoin is now up more than 70% since the start of the year. ...

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Zen Film Productions’ award winning film Ayah and comedy web series Jab South Meets North to debut on Mideast’s fastest growing video-streaming service, Starzplay Arabia

DUBAI / GULF TIME Zen Film Productions, a Dubai-based boutique film production company with a premier focus on content that transcends international barriers, is now prepared to debut their original content on popular Mena OTT platform Starzplay Arabia. Starzplay, along with Netflix, is said to control two thirds of the Middle East and North Africa’s OTT services, a report by ...

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