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Europe stocks, US futures advance on Russia report

  Bloomberg European stocks and US futures rise on Tuesday after a report fueled optimism that Russia is de-escalating tensions with Ukraine. All sectors in Europe’s Stoxx 600 Index posted gains and US benchmarks climbed. The ruble and Russian stocks rallied after Interfax reported that Russia’s southern and western armies are returning to their bases. Treasury yields advanced, while the ...

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LIC stock portfolio can withstand global shift towards rising rates

  Bloomberg Life Insurance Corp of India (LIC) will withstand the global shift towards higher interest rates because its $128 billion stock portfolio is dominated by larger companies in sectors such as financials and energy, an analysis by Bloomberg Intelligence shows. LIC, set for nation’s biggest ever initial share sale in Mumbai, has a portfolio peppered with index heavyweights such ...

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Big Bitcoin miners aren’t immune to need for cash

  Bloomberg A pair of big Bitcoin miners are poised to sell their stock in the face of a drop in token prices that has led other miners to trade in some their Bitcoin holdings. Marathon Digital Holdings Inc. and Hut 8 Mining Corp. have both filed with the Securities and Exchange Commission for the option to sell company stock ...

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