Private credit firm caps withdrawals after investors attempted to pull more than 40% from one fund
Blue Owl struck by $5.4bn of redemption requests
Private credit firm caps withdrawals after investors attempted to pull more than 40% from one fund

Private credit firm caps withdrawals after investors attempted to pull more than 40% from one fund

Private credit firm caps withdrawals after investors attempted to pull more than 40% from one fund
Same desk, different stories

A crackdown on subscription traps could save the average person nearly £170 a year, according to the Department for Business and Trade.

The Trump administration is preparing to impose new tariffs on drugmakers that have not struck deals with the president to lower their U.S. drug prices.

Investors who like the binary bets on Kalshi and Polymarket but without the all-or-nothing risk are being offered an unlikely new asset: a bond-like note tied to prediction market outcomes.

Markets remain surprisingly resilient despite geopolitical tensions and rising oil prices. HSBC’s Racquel Oden breaks down why global markets are diverging, why tech stocks may now be a buying opportunity after major…

Federal Reserve Bank of Dallas President Lorie Logan says the Fed could shrink its balance sheet through regulatory changes that reduce banks’ demand for reserves during an event in Dallas. (Source: Bloomberg)

Iran and Oman are drafting a protocol to monitor transit through the Strait of Hormuz, Iranian state news agency IRNA reported.