The European Central Bank may need to increase borrowing costs at its June meeting because of heightened inflation risks, Governing Council member Christodoulos Patsalides told MNI. “As things stand, things are worsening,” he was cited as saying. “So, things are pointing to a raise in interest rates.” Patsalides, who also heads Cyprus’s central bank, said that “persistent rising prices increase th...
The European Central Bank may need to increase borrowing costs at its June meeting because of heightened inflation risks, Governing Council member Christodoulos Patsalides told MNI. “As things stand, things are worsening,” he was cited as saying. “So, things are pointing to a raise in interest rates.” Patsalides, who also heads Cyprus’s central bank, said that “persistent rising prices increase the risk of infiltration into core inflation.” However, he highlighted that “moving in June, that doesn’t mean that we are entering a new cycle,” adding that there are “certain scenarios” — including a quick end of the Middle East conflict — under which the ECB wouldn’t have to raise rates. Markets and economists expect ECB policymakers to hike in June. ECB Must Act If Iran War Threatens Price Stability, Nagel Says ECB to Hike Rates Twice in 2026 as Inflation Jumps, Survey Shows ECB Must Hike Rates Unless Outlook Improves, Kocher Says
Tyler Technologies ( TYL ) priced an upsized private offering of $1.25B aggregate principal amount of 0.50% convertible senior notes due 2031. The initial purchasers of the notes have an option to purchase up to an additional $187.5M notes. The offering size was increased from the previously announced offering size of $1B. The net proceeds will be used to fund capped call transactions and ~$320.7M...
Tyler Technologies ( TYL ) priced an upsized private offering of $1.25B aggregate principal amount of 0.50% convertible senior notes due 2031. The initial purchasers of the notes have an option to purchase up to an additional $187.5M notes. The offering size was increased from the previously announced offering size of $1B. The net proceeds will be used to fund capped call transactions and ~$320.7M to repurchase about 1.03M shares of common stock in privately negotiated transactions. The remaining proceeds will be used for general corporate purposes. The notes will be senior unsecured debt and will carry an annual interest rate of 0.50%, payable twice a year starting Jan. 15, 2027. The issuance and sale of the notes are scheduled to settle on May 14, 2026. More on Tyler Technologies Tyler Technologies: Can't Get Behind The Valuation Despite The Selloff Tyler Technologies: Encouraging Recovery In Bookings (Rating Upgrade) Tyler Technologies, Inc. (TYL) Q1 2026 Earnings Call Transcript Tyler Technologies plans $1B convertible senior notes offering due 2031 Tyler targets 80%+ of on-prem customers moved to the cloud by 2030 as For The Record adds ~$30M to 2026 revenue guide
Strong corporate earnings are currently outweighing geopolitical concerns in financial markets despite tensions between the US and Iran, according to JPMorgan Chase & Co. ’s Dubravko Lakos-Bujas . The firm’s head of global markets strategy noted that markets entered the current energy shock with relatively healthy inventories, which has helped cushion the impact of supply disruptions. Meanwhile, t...
Strong corporate earnings are currently outweighing geopolitical concerns in financial markets despite tensions between the US and Iran, according to JPMorgan Chase & Co. ’s Dubravko Lakos-Bujas . The firm’s head of global markets strategy noted that markets entered the current energy shock with relatively healthy inventories, which has helped cushion the impact of supply disruptions. Meanwhile, the earnings narrative is providing a strong counterpoint to the geopolitical tensions, with Lakos-Bujas describing recent corporate results as “blockbuster” and “extremely strong.” While he’s “less worried about fundamentals,” he pointed to risks around “excessive crowding that could cause flash crashes” in momentum stocks that have risen aggressively. “I think earnings, the AI narrative has been overriding the whole geopolitical oil situation. Now obviously, if you fast forward another four or five weeks and the situation remains unresolved, then you get complacency,” he told Bloomberg Television in an interview. Looking ahead, the head strategist identified two major global shortages affecting markets: physical oil shortages, and computing chip shortages affecting the AI sector. He noted central banks have been removing the easing bias that prevailed late last year, with some now discussing potential rate hikes. On the AI front, Lakos-Bujas expressed confidence in US competitiveness despite China’s progress, suggesting “there is space for both of them” in the evolving technology landscape. He indicated that concerns about AI monetization would likely become more relevant beyond the next six to 12 months. This story was produced with the assistance of Bloomberg Automation.
An American climber has died in an avalanche on Mount Makalu, officials said on Tuesday, as fatalities mount early in Nepal’s busy spring climbing season. Shelley Johannesen, 53, was killed on Monday while descending from the summit of the world’s fifth-highest peak, expedition organisers said, marking the season’s latest death. David Roubinek, a 38-year-old Czech climber, and three Nepali guides ...
An American climber has died in an avalanche on Mount Makalu, officials said on Tuesday, as fatalities mount early in Nepal’s busy spring climbing season. Shelley Johannesen, 53, was killed on Monday while descending from the summit of the world’s fifth-highest peak, expedition organisers said, marking the season’s latest death. David Roubinek, a 38-year-old Czech climber, and three Nepali guides have died in the Himalayas so far this season. Johannesen, co-founder of US-based outfitter Dash...