UBS has suspended withdrawals from a €400mn European real estate fund for up to three years, in a dramatic move that underscores growing investor anxiety over global economic instability linked to escalating
Goldman Sachs Group Inc. and JPMorgan Chase & Co. are offering hedge fund clients ways to bet against the private credit market, according to people familiar with the matter. Both banks have
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Jeff Bezos is reportedly in early discussions to raise an eye-popping $100 billion for a new fund designed to acquire manufacturing companies and accelerate automation using artificial intelligence, according to the Wall
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Sri Lanka’s leading business body has urged the government to take coordinated and proactive steps to safeguard the country’s economic stability as global uncertainty intensifies, particularly amid the escalating conflict in the
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Saudi Aramco’s recent letter to its international oil buyers revealed a stark new reality for the global energy market: uncertainty over export ports in April underscores Iran’s decisive role in controlling oil
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Google has finalized its $32 billion acquisition of cybersecurity firm Wiz, marking the largest acquisition in the company’s history and the biggest purchase ever of a venture-backed startup. The landmark deal reflects
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Two weeks into the war in the Persian Gulf, the conflict has evolved into a starkly asymmetric struggle. On one side stand the overwhelming conventional military forces of the United States and
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Global trade flows are more entangled with China than ever before. A recent survey of international import patterns shows that 128 countries now source at least 10% of their goods imports from
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A growing number of former CIA officers are stepping out of the shadows and into the world of technology startups, launching companies that apply intelligence expertise to artificial intelligence, cybersecurity and national
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Binance has issued an official response following recent media coverage concerning ongoing court proceedings in Sri Lanka involving allegations of financial fraud connected to the use of Binance accounts by certain individuals.
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Colombo Chief Magistrate Asanga S. Bodaragama on March 12 ordered the Central Bank of Sri Lanka to immediately take measures to prevent the outflow of local currency to foreign countries through cryptocurrency
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