Bloomberg Global risk assets extended their selloff on Monday as fears of faster inflation and global recession continued to rise. UK markets were in focus as the pound crashed to an all-time low and bond yields surged to the highest in more than a decade, sparking talk of emergency action by the Bank of England. The market mayhem unleashed …

  Bloomberg Wild gyrations in markets have left cryptocurrencies duelling with the dollar for the title of top-performing asset this quarter. The MVIS CryptoCompare Digital Assets 100 Index has added 7.3% since the end of June, whereas stocks, bonds, commodities and gold suffered losses. The Bloomberg Dollar Spot Index is up by a similar magnitude over the period, reaching a …

Bloomberg Nasa is standing down from its Artemis I mission to the moon next week, as a tropical storm off the coast of South America creeps towards Florida and the agency’s launch site for the Space Launch System rocket. The US space agency said it will decide whether to roll the rocket and spacecraft back from the launch pad to …