BUSINESS

EU Commissioner Dombrovskis presents a review of trade and sustainable development, in Brussels

EU Eyes Individual Debt Reduction Paths For EU Countries

The European Commission will present in the second half of October proposed changes to European Union fiscal rules that are likely to offer countries individual debt reduction paths, Commission Vice President Valdis Dombrovskis said on Saturday.
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The Union Jack flies at half staff outside the NYSE in New York

More Worries For U.S. Stocks, Bonds: Fed Ramps Up 'QT'

As the Federal Reserve accelerates the unwinding of its balance sheet this month, some investors worry that so-called quantitative tightening may weigh on the economy and make this year even more brutal for stocks and bonds.
Illustration shows Citrix Systems logo

Banks See Strong Demand For Citrix Debt After Discount -sources

Banks seeking to sell some of the debt backing the $16.5 billion leveraged buyout of business software company Citrix Systems Inc to investors have received more demand than they can fill, raising the prospect they may suffer a smaller loss than expected, people familiar with the matter said on Friday.
Illustration shows representations of cryptocurrency Ethereum

Explainer-Understanding Ethereum's Major "Merge" Upgrade

Ethereum, the blockchain that underpins the world's second-largest crypto token ether, will soon undergo a major software upgrade that promises to slash the amount of energy needed to create new coins and carry out transactions.

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