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Pimco Buys All $400 Mln of Bonds Sold by Blue Owl BDC
Pacific Investment Management Co. bought all $400 million of bonds issued Monday by a Blue Owl Capital Inc. private credit fund, according to people with knowledge of the matter. The deal is a vote of confidence for a private credit industry that’s been battered by record redemption requests and deepening concerns over valuations, liquidity and transparency. Bloomberg’s Sinead Cruise reports.
India-US trade deal back in focus: Indian delegation to visit Washington next week
The agreement had originally been expected to be signed in March, but developments in the Donald Trump tariff regime following a ruling by the Supreme Court of the United States have changed the circumstances.
Norway’s Crude Exports Hit Record Value as Oil Price Soared
Norway’s crude exports surged to a record by value last month due to the outbreak of the war in the Middle East, helping to raise the country’s trade surplus to the highest level in more than three years.
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Chinese Nickel Tycoon Taps Top Global Traders for Aluminum Push
A Chinese tycoon who helped transform Indonesia’s metals industry over the past decade is in talks with commodity trading giants Mercuria Energy Group, Glencore Plc and Trafigura Group to secure investments in his new, $3 billion aluminum smelter.
Zero tax to pay? 3 big reasons why you should still file your ITR
Zero tax to pay big reasons why you should still file your ITR
Standard Life strikes £2bn deal to buy Aegon UK
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UAE Lottery opens first retail shop in Abu Dhabi’s Musaffah
The UAE Lottery has opened its first physical retail outlet in Musaffah, Abu Dhabi, allowing players to purchase tickets in person as part of efforts to expand access to its games across the country.Located in M40, the shop enables customers aged 18 and above to buy tickets for games such as Lucky Day Draw and Pick 3, with the option to pay on-site. Staff are available to assist both new and existing players with game selection and queries.The move marks a shift from a purely digital offering to...
Russia Shuts Down $13 Billion Tax Fraud, Investigators Say
Russian investigators said they broke up an organized crime group in Moscow that was responsible for more than 1 trillion rubles ($13.3 billion) in tax losses to the state budget, which is already strained by a widening deficit.
Barratt cautions over rising build costs as Iran war sends energy prices soaring
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Virgin Atlantic hikes fares by up to £360 as fuel costs soar amid Iran war
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American investor agrees to buy Exeter Chiefs with plans to inject fresh funding
Members to hold meeting on 7 May to approve dealClub in more saleable position after £10.3m loss last yearExeter Chiefs have finalised a deal with a wealthy American backer to take control of the club, subject to the approval of their membership. An extraordinary general meeting is to be held on 7 May at which members will be urged to support the move to sell the 155-year-old Devon club and unlock significant fresh funding.Insiders are describing the impending multimillion pound investment as “m...
Amazon.com to Webcast First Quarter 2026 Financial Results Conference Call - About Amazon
Amazon.com to Webcast First Quarter 2026 Financial Results Conference Call About Amazon
AA driving schools ordered to refund 80,000 learner drivers over hidden fees
UK motoring group fined £4.2m for not showing full price of lessons at time of bookingThe AA has been fined £4.2m and ordered to make payments to more than 80,000 learner drivers for not showing the full price of lessons at the time of booking, an illegal practice known as “drip pricing”.The UK competition watchdog, which launched an investigation into the practices employed by the AA Driving School and BSM Driving School last year, said that the AA-owned businesses must repay more than £760,000...
8th Pay Commission: Unions push for Rs 69,000 minimum pay and 6% annual hike
th Pay Commission Unions push for Rs minimum pay and annual hike
DBS Hong Kong acquires six floors at The Center in US$334 million deal
DBS Bank (Hong Kong) has agreed to pay about HK$2.62 billion (US$334 million) for six floors at The Center – once the world’s most expensive skyscraper – marking the city’s largest office transaction so far this year. The lender acquired the 26th, 32nd, 36th, 37th, 56th and 76th floors late last month, with the deal registered on Tuesday, according to Land Registry records. The purchase adds 151,934 sq ft of gross floor area, DBS said in a statement on Wednesday. The price works out to roughly.....
Queensland ebike laws could cripple Uber Eats, DoorDash and shared e-vehicle schemes, industry warns
Food delivery services say the proposed laws will affect their workers, while shared e-vehicle schemes claim the laws could make them uninsurableFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLegislation that would crack down on ebikes and e-scooters in Queensland could curtail food delivery services and potentially end shared e-vehicle schemes, industry figures warn.The proposed laws would set an age limit of 16 on ebikes and e-s...
Power of Siberia 2 aligns with regional projects — Lavrov
"Power of Siberia 2 is a project that has long been discussed between Moscow and Beijing," the Russian foreign minister noted
Aatmanirbhar Bharat 2.0 push: India working on self-reliance in energy, nuclear power
India Business News: Atmanirbhar 2.0: The Middle East conflict has led India to re-work its self-reliance strategy to shield key supply chains and strengthen energy securi.
PSX gains 4,300 points amid hopes of US-Iran talks reviving
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index gained over 4,300 points during intraday trade on Wednesday, sustaining its bullish momentum for a second consecutive day. The positive trend comes amid hopes that peace talks between the United States and Iran will proceed to a second round, with US President Donald Trump saying they are more likely to be held in Islamabad. The KSE-100 index surged by 4,301.24 points, or 2.60 per cent, to reach 169,936.08 points, from the previous clos...