Bloomberg US equity futures wavered and Treasury yields edged higher after the Federal Reserve signaled it would risk a recession to beat inflation, precipitating a wave of monetary tightening from other central banks. Contracts on the S&P 500 fluctuated after the benchmark’s tumble when the Fed unleashed a third consecutive 75 basis-point hike and indicated another of the same magnitude ...

Bloomberg Cryptocurrencies fought off declines triggered by another large Federal Reserve interest-rate hike, though sentiment remained cautious given the central bank’s warning of economic pain ahead from tightening policy. Bitcoin, the largest token, was about 1.2% higher in London after earlier sliding as much as 4% towards levels last seen in 2020. Second-biggest coin Ether continued to underperform, shedding 2%. ...

  ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) has announced that the Mirfa International Power & Water Company (Mipco), the project company that owns and operates the Mirfa Power & Water Plant (Mirfa IWPP), successfully completed refinancing of AED4 billion (US$1.09 billion). This long-term financing is denominated in USD and is slated to mature on 30th September, ...