Bloomberg Tech

Hut 8 Mining Corp., one of the largest public Bitcoin mining companies, said it has entered into a $50 million credit facility with a unit of Coinbase Global Inc.

An investment firm backed by the Agnelli family of Italy and chaired by former UK Chancellor of the Exchequer George Osborne has built a 5% stake in the online grocer Ocado Group Plc.

Government bonds rallied while stock futures struggled for direction as investors hedged the risk that economies would flag under central banks pushing their inflation-fighting zeal and rate-hiking campaigns too far.

US yield curve may remain inverted for unprecedented duration, but stocks and bonds acting as hedges for each other tempers bleak outlook.

PacWest Bancorp sold a $3.5 billion asset-backed loan portfolio to Ares Management Corp., offloading more assets to boost liquidity amid concern about deposit outflows.

US regulatory uncertainty surrounding Ether is seen by some market observers as damaging the token’s performance compared with a recent rally in Bitcoin.

Byju’s, the Indian education-technology firm that lost its auditor and three board members in one week, has begun damage control as regulators and investors amp up scrutiny of a startup that once symbolized the country’s internet boom.

Japan’s government unveiled a $6.3 billion deal to buy out and privatize JSR Corp., taking direct control of the world leader in chipmaking compounds at a time US-Chinese tensions threaten to fragment the $550 billion global semiconductor industry.

A dangerous cocktail of intensifying competition, weak consumer spending and sluggish car sales has led to a slew of price cuts in China only extending and deepening — and electric vehicles aren’t necessarily the ones benefiting.