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BlackRock Limits Withdrawals From $26bn Private Credit Fund as Redemption Wave Rattles $2tn Industry
Shares of BlackRock fell sharply on Friday after the asset management giant restricted withdrawals from one of its flagship private credit funds, a move...
U.S. Rolls Out $20bn Insurance Backstop for Oil Tankers as Strait of Hormuz Crisis...
The administration of Donald Trump on Friday unveiled a $20 billion reinsurance program designed to restart oil tanker traffic through the Strait of Hormuz,...
Tekedia OPEN Is Today. Topic – Nigeria’s Capital Market: The Biggest Business Opportunity of...
“Since ... April 2024, we have seen market capitalisation grow from about N55 trillion to over N123.93 trillion. contribution to GDP has moved...
Oil Surges Toward $90 as Strait of Hormuz Disruption Raises Fears of $150 Crude...
Oil prices climbed sharply on Friday, erasing earlier losses as investors weighed the widening economic fallout from the escalating U.S.–Iran war and the growing...
OpenAI CEO Sam Altman Defends Government Ties, Takes Aim at Anthropic Amid Pentagon Deal
OpenAI CEO Sam Altman took a subtle aim at rival Anthropic on Thursday while defending his company’s relationship with the U.S. government, arguing that...