Technology
Blackstone bets on growth in private credit business outside US
BLACKSTONE is “doubling down” on opportunities in its international credit business, as it targets growth in a broader array of debt including local-currency investments, according to the firm’s global...
Elite UK Reit secures £80 million in term and revolving facilities
THE manager of Elite UK Real Estate Investment Trust (Reit) announced on Wednesday (Jul 24) that the Reit’s wholly owned subsidiaries – Elite Amphora and Elite Cask – entered...
Coinbase wins Citi upgrade on crypto regulatory optimism
COINBASE Global shares soared this year, and the potential for the rally to forge ahead has pushed Citigroup to upgrade the stock. The cryptocurrency trading platform was raised to...
Airbus, Quebec commit another US$1.2 billion to A220 jet venture
AIRBUS and the government of Quebec will invest as much as US$1.2 billion to ramp up production of the narrow-body A220 passenger jet, buying more time to try to...
Ether ETFs trade over US$1 billion in strong crypto-fund debut
THE first US exchange-traded funds (ETFs) that invest directly in Ether made strong debuts, with some seeing relatively high trading volumes for their opening sessions.Over US$1 billion shares were...
GIC posts 3.9% 20-year annualised real rate of return, expects lower returns ahead
The sovereign wealth fund continues to see opportunities in private equity, AI and emerging marketsSINGAPORE’S sovereign wealth fund GIC reported an annualised rolling 20-year real rate of return of...
News Corporation Global Press Abruplty Deletes Account After Explosive, False Claim of Biden in Hospice Care and [was] “unlikely to survive the night”
Global Press abruptly deleted its Twitter account following a controversial tweet about President Joe Biden's health. Early Tuesday, the news outlet claimed a "verified source" informed them that the...