Oil prices edged higher as markets continued to closely monitor geopolitical risks, with Iran’s retaliation against Israel in response to the killing of Hamas’s political leader believed to be imminent.
Bharti has agreed to buy a 24.5% stake in BT from Altice for an undisclosed amount, but said it had no intention of making an offer for the U.K. telecom group.
The People’s Bank of China is set to conduct stress tests on financial institutions’ exposure to bond holdings, in the latest effort to rein in a monthslong rally and prevent fallout risks.
