14:40
The rapid expansion of the private credit industry is showing signs of moderation as lending activity and fundraising slow after several years of exceptional growth. Recent industry data indicate that U.S.-focused direct lending issuance declined significantly during the latest reporting period. New loans arranged by private credit providers......
Intel and Hitachi have announced a strategic partnership aimed at accelerating the deployment of artificial intelligence across industrial environments. The collaboration focuses on integrating advanced computing, industrial expertise and semiconductor capabilities to support next-generation manufacturing, energy systems, mobility infrastructure......
The president of the United States said the country would prevail over Iran either through force or through a negotiated agreement, as diplomatic efforts remain stalled and regional tensions persist. He stated that the United States would “win militarily or on paper” and warned of a rapid response if American personnel were killed,......
The United Kingdom government expects global oil prices to remain near 100 dollars per barrel through 2028, even if a peace agreement is reached between the United States and Iran, according to internal projections. The assessment signals a prolonged period of elevated energy costs driven by slow recovery in Middle East supply flows and continued......
Oman has halted crude loading operations at its Mina al Fahal export terminal following an explosion near its offshore mooring buoys, disrupting a key node in global oil supply chains. The incident has added new pressure to already strained energy markets, where supply disruptions across the Middle East continue to shape price expectations......
India and the United States are accelerating efforts to finalize the first phase of a bilateral trade agreement, with both countries aiming to conclude negotiations by mid-July, according to India's Commerce Minister Piyush Goyal. Speaking on Friday, Goyal said officials from both sides have intensified discussions in recent weeks and......
The United States’ decision to classify Brazil’s largest criminal organizations as Foreign Terrorist Organizations is expected to increase business risks and compliance costs in Latin America’s largest economy. The measure targets two of Brazil’s most powerful crime syndicates, the Primeiro Comando da Capital (PCC)......
Global oil markets are facing severe disruption as major institutions warn of an accelerating supply shock linked to geopolitical conflict and restricted maritime flows. The International Energy Agency has cautioned that crude markets could enter a critical shortage phase within weeks if key transport routes remain blocked and emergency reserves......
Shares of Lululemon Athletica fell sharply after the company released weaker-than-expected quarterly and annual forecasts, deepening investor concerns about its ongoing turnaround strategy. The stock dropped by around 12% in premarket trading, reflecting growing uncertainty over the brand’s ability to regain momentum in its core North......
Bitcoin dropped to its weakest level since February on Wednesday as heavy selling from long-term holders and sustained outflows from spot exchange-traded funds extended a sharp market downturn. The cryptocurrency touched 61,300 dollars before stabilising near 63,000 dollars later in the session. The move leaves Bitcoin more than 25 percent......
Investment bank J.P. Morgan has upgraded its rating on Tesla from “underweight” to “neutral,” pointing to growing investor confidence in the company’s long-term potential beyond its core electric vehicle business. Analysts noted that Tesla’s valuation is increasingly influenced by its developments in autonomous......
Investors from China and Hong Kong will reportedly be excluded from participating in the upcoming initial public offering of SpaceX, according to a Bloomberg News report citing people familiar with the matter. The decision was communicated by lead underwriters managing the highly anticipated share sale, which is expected to be one of the......
Nvidia has introduced its RTX Spark superchip, positioning the company for a direct entry into the Windows PC market with a tightly integrated processor platform designed for artificial intelligence workloads and high-performance computing. The announcement was made at a technology event in Taipei, marking a strategic expansion beyond Nvidia’s......
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At the Heart of the 2026 World Cup
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GITEX Africa: The New Frontiers Of African Innovation
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AFCON 2025: Morocco at the heart of African football
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