Friday , 19 December 2025

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European stocks extend global slump; futures advance

Bloomberg European stocks extended a global retreat and German bonds climbed as investors weighed the risks of the upcoming earnings season and economic hit of rising virus cases. S&P 500 and Nasdaq futures pointed to a higher open after finishing in the red yesterday. The UK’s two-year bonds yielded less than Japanese debt for the first time. In Asia, shares …

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Google to invest $10bn in India digitisation push

Bloomberg Google said it plans to spend $10 billion over the next five to seven years to help accelerate the adoption of digital technologies in India. Sundar Pichai, the CEO of parent Alphabet Inc., made the announcement at the annual Google for India event via video conference. He said the coronavirus outbreak has made clear importance of technology for conducting …

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Oil plunges on signs that Opec+ preparing to ease output curbs

Bloomberg Oil edged lower ahead of an Opec+ meeting this week at which the group may announce plans to start tapering historic production cuts even as the coronavirus surges unabated in many parts of the world. Futures in New York fell below $40 a barrel. The producer bloc will review the state of the market at an online meeting on …

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