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European stocks waver on China Covid spread, French uncertainty

  Bloomberg European equities started the week on a negative note as investors weighed an array of risks from China’s Covid-19 flare up to an uncomfortably tight race for the French presidency, surging bond yields and the war in Ukraine. The Stoxx 600 Europe Index falls 0.2% as of 8:52 am in London, tracking Asian stocks lower. Technology stocks were ...

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Tech rout may drag Bitcoin to $30,000

  Bloomberg Bitcoin’s tendency to move in tandem with technology stocks means the biggest cryptocurrency may slump to $30,000 by June, according to Arthur Hayes, the co-founder of crypto trading platform BitMEX. Hayes, in a blog post on Monday, also said the same dynamic could drive Ether to $2,500. The tokens traded at around $42,300 and $3,180, respectively, at 12:43 ...

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In just six days, 1 Billion Meals initiative collects 76mn meals

  DUBAI / WAM The 1 Billion Meals initiative, the largest food donation drive of its kind in the region, has collected 76 million meals within just six days. Organised by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), the initiative provides food support to the underprivileged and the undernourished in 50 countries around the world, especially vulnerable groups of ...

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