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Google Agrees to Create AI Cloud Firm With Blackstone

Alphabet's Google agreed to create an artificial intelligence cloud business with Blackstone, aiming to compete with companies like CoreWeave in a burgeoning market. The project will rely on an initial $5 billion in equity capital from Blackstone, which will become the majority owner, according to a statement Monday. Bloomberg's Neil Campling explains.

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Bloomberg

Global Bond Market Jitters Dominate G-7 Talks

Elevated bond yields dominated the Group of Seven meeting in Paris as finance ministers discussed how oil-fueled inflation risks overshadowing world economic prospects. The talks, which were meant to dwell on global imbalances, took place against the backdrop of US President Donald Trump's extended standoff with Iran which is keeping the Strait of Hormuz shut. Bloomberg's Oliver Crook reports.

Read more: Global Bond Market Jitters Dominate G-7 Talks
Bloomberg

Ebola Crisis Continues as US Missionary Tests Positive

A US missionary has tested positive for the Ebola virus after being exposed in the Democratic Republic of the Congo, the US Centers for Disease Control and Prevention said Monday. The Ebola crisis is unfolding after the Trump administration dismantled the US Agency for International Development last year and slashed foreign aid spending. Bloomberg's Jennifer Zabasajja reports.

Read more: Ebola Crisis Continues as US Missionary Tests Positive