Pure Alpha, Bridgewater Associates’s flagship fund, fell 4.9% in the first half of 2019 after being caught off-guard by a rebound in bonds and equities. The drop of nearly 5% in the first six months of the year is one of the worst performances for investment legend Ray Dalio’s $150bn hedge fund in the past […]

Traders look to gauge the impact of Hurricane Ida on US oil and OPEC+. Oil trading Hurricane Ida smashed through US on and offshore oil production infrastructure at the weekend.

EU markets opened lower as US inflation data worries investors European markets opened significantly lower on Thursday morning in the aftermath of the publication of the US CPI report which noted that the year-over-year price of consumer goods increased by 8.3% in April. Month-on-month inflation doubled at 0.6% to the analyst estimate of 0.3%. London’s […]

Brent crude futures passed $82 per barrel on Monday, building on gains from the previous session as investors zero in on the upcoming OPEC+ meeting this weekend, where the group is anticipated to deepen supply cuts to bolster oil prices.

Microsoft (MSFT) is pouring more of its AI-powered Copilot technology into its Microsoft 365 productivity products, including Excel, PowerPoint, Outlook, and Teams. The updates, which include the ability to use Copilot to draft PowerPoint presentations and a feature that prioritizes your emails in Outlook, are a part of what the tech giant refers to as its Copilot Wave 2 rollout.