KEY TAKEAWAYS Klarna Group is reportedly seeking to raise at least $1 billion in a U.S. IPO and is preparing to file publicly as soon as next week. According to Bloomberg, which cited people familiar with the matter, the payments processor—known for its buy now, pay later service—is targeting a valuation of more than $15
Key Takeaways Oil futures slumped to trade near their lowest levels in years as oil markets digested President Trump’s tariffs on major trading partners and impending OPEC+ production hikes. Market participants are concerned that the tariffs on Canadian, Mexican, and Chinese goods that went into effect yesterday could accelerate U.S. inflation and slow growth across
The Pound Sterling trades firmly near 1.2900 against the US Dollar as investors see US President Trump tariffs less fearful. Trump is poised to provide a one-month exemption for tariffs on automobiles from Canada and Mexico. BoE officials have guided a gradual policy-easing approach. The Pound Sterling (GBP) trades cautiously against its peers on Thursday
Renewed bias for rate cuts could ease financial conditions, offering bullish cues to risk assets, including bitcoin. Mar 6, 2025, 9:35 a.m. UTC The European Central Bank (ECB) is expected to cut interest rates on Thursday to 2.65%, continuing its easing from a 4.5% peak amid increased volatility in bond markets. The expected easing comes as
CNN — Mehdi Yarrahi, an Iranian singer and musician known for his song encouraging women to remove their hijabs, was lashed 74 times as part of his punishment for supporting the protests that swept the country, his lawyer said Wednesday. The punishment was “fully and completely implemented,” his attorney, Zahra Minoui, said in a post
Seoul, South Korea CNN — South Korean fighter jets accidentally bombed homes during a live-fire drill with US forces, injuring more than a dozen people, Seoul’s military said on Thursday. Eight MK-82 general-purpose bombs were “abnormally dropped” from two KF-16 fighter jets and landed outside the designated firing range at approximately 10:07 a.m. local time
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BRISBANE, Australia (AP) — Early wind and rain from a rare tropical cyclone began lashing part of eastern Australia on Thursday as schools were closed, public transport was stopped and desperate residents got around shortages of sandbags by buying potting mix. Tropical Cyclone Alfred is forecast to cross the Queensland state coast somewhere between the
Our readers read next More from Antoaneta Roussi Chinese hackers siphoned off Belgian state security emails, report says Internal audit suggests “biggest breach” of Belgian spy service ever between 2021-2023. Feb 26 1 min read Russian hackers find ways to snoop on Ukrainian Signal accounts Phones found on the battlefield are being linked to Moscow’s
Use our hint for today’s Wordle to get your game off to the perfect start. Don’t worry about spoilers either, as it’s been written to help without giving the game away. Make sure you pair it without general tips too, so you can really get the most out of those first few guesses. As always