The US dollar will remain the dominant currency in Zimbabwe even after the government’s December 2025 deadline to stop its use in the economy, the country’s largest independent asset manager said.
For years, the US has been working with its allies in the Persian Gulf on something that long seemed impossible: normalizing ties with Israel.
As some of the largest managers in the $1.5 trillion private credit market gathered for an industry conference in Beverly Hills this week, one question dominated discussions on and off stage: how to convince smaller investors to join in.
Hungary’s NATO allies raised security concerns as they condemned Prime Minister Viktor Orban for his meeting with Russian President Vladimir Putin this week, laying bare widening divisions over Budapest’s ties with Moscow.
Blackstone Inc. President Jon Gray said he remains committed to funding low-income students and cancer research at the University of Pennsylvania, while acknowledging concerns over antisemitic speech on campus.
Top US regulators are zeroing in on dangers posed by highly leveraged hedge fund trades, and considering options to rein in risks to the broader financial system.
Elliott Investment Management founder Paul Singer said the world is a much more dangerous place than markets are pricing in and that investors are not as worried as they should be.
Netflix Inc. gained the most since January 2021 after posting its best quarter for subscriber growth in years. The company credited a strong programming slate and its crackdown on password sharing.
Netflix Inc. gained the most since January 2021 after posting its best quarter for subscriber growth in years. The company credited a strong programming slate and its crackdown on password sharing.
India will allow imports of tech hardware such as laptops and tablets into the country without a mandatory license, softening curbs it had previously planned to impose.
