Distressed-debt funds see a potential bonanza in the downturn in private credit
Vulture funds circle private equity
Distressed-debt funds see a potential bonanza in the downturn in private credit

Distressed-debt funds see a potential bonanza in the downturn in private credit

Distressed-debt funds see a potential bonanza in the downturn in private credit
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.