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
Blackstone, the New York-based private equity giant, experienced a significant surge in withdrawals from its $82 billion flagship credit fund, BCRED, during the first quarter of 2026, highlighting growing investor anxiety about
More
Investors and financial institutions are scrambling to protect their interests following the dramatic collapse of Market Financial Solutions (MFS), a Mayfair-based mortgage lender, which has left private investors and Wall Street and
More
SpaceX says it expects its flagship Starship rocket to be ready by mid-2027 to launch a new fleet of upgraded Starlink satellites, marking a pivotal step in the company’s commercial expansion and
More
David Ellison once dreamed of becoming a Hollywood actor, but after a rocky start, he instead built a media empire that now spans film, television, streaming, and news. The 43-year-old entrepreneur is
More
As 2026 begins, one of the biggest questions looming over the tech industry is the sustainability of OpenAI’s spending. The maker of ChatGPT and other generative-AI tools has emerged as a poster
More
India and Canada took a major step toward strengthening bilateral ties on Monday, signing a landmark agreement on uranium cooperation and agreeing to finalize a comprehensive economic partnership agreement in the near
More
The Cabinet has approved the emergency purchase of 300,000 metric tons of coal in a move aimed at safeguarding national energy security amid mounting concerns over the quality of recent imports. The
More
A draft bill proposing wide-ranging amendments to the Inland Revenue Act No. 24 of 2017 has been published in an Extraordinary Gazette by President and Finance Minister Anura Kumara Dissanayake, signaling one
More
India’s foreign exchange reserves fell by $2.11 billion to $723.608 billion in the week ending February 20, according to the latest data released by the Reserve Bank of India. This follows a
More
The United States is hurtling toward a debt milestone that economists describe as unprecedented in modern history. According to the latest report from the International Monetary Fund, the national debt, already exceeding
More