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Blackstone restricts flagship fund withdrawals
Blackstone is restricting withdrawals from its flagship Blackstone Private Credit (BCRED) fund following a spike in investor redemption requests, as fears over liquidity pressures rattled private markets.The asset management giant capped…
Oil prices fall 3% on report Trump reluctant to restart Iran war
Crude oil prices fell about 3% Thursday, on a report that President Donald Trump is reluctant to resume full-scare war with Iran despite recent clashes.West Texas Intermediate futures fell 3.5% to $92.64 per barrel by 8:30 a.m. ET. Brent…
Micron, Marvell, and Broadcom lead chipmakers’ premarket losses
Technology stocks fell in premarket trading Thursday, with chipmakers Broadcom, Micron Technology and Marvell Technology leading the losses as investors fled the semiconductor space.Broadcom shares were down 15.1% ahead of the market…
Biotech M&A hits $106 billion, on track for best year since pre-Covid
Global biopharma M&A is experiencing a sharp uptick, putting the sector on track for its strongest year since the pre-pandemic peak seven years ago.Driven by looming patent cliffs, newly buoyant public markets, and Big Pharma's race…
Stock markets sense a shift
US President Donald Trump during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Wednesday, June 3, 2026. Shawn Thew | Bloomberg | Getty ImagesHello, this is Katie Foley writing to you from…
Partners Group preps investor restrictions amid private market fears
Partners Group is prepared to restrict investor withdrawals across more of its funds, the Swiss private markets giant said Thursday, after capping redemptions in one of its European vehicles following a surge in exit requests.The…
Universal Music slumps 7%; European stocks rise
The Universal Music Group NV offices in London, UK, on Tuesday, April 7, 2026. Chris Ratcliffe | Bloomberg | Getty ImagesEuropean stocks moved higher early Thursday as tensions escalated between Washington and Tehran, even as a ceasefire…
SoftBank shares plunge over 11% amid broader tech sell-off
CANADA - 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket |…
Finland’s Stubb says EU should expand to 40 states, including Canada
President of Finland Alexander Stubb is seen during a joint press conference with Lithuanian President Gitanas Nauseda (not in view) at the Presidential Palace.Sopa Images | Lightrocket | Getty ImagesHELSINKI, Finland — Finnish President…
Flesh-eating screwworm is confirmed in the U.S., officials say
Cochliomyia hominivorax, the New World screw-worm fly, or screw-worm for short, is a species of parasitic fly that is well known for the way in which its larvae (maggots) eat the living tissue.Lidya Elfa Sari | Istock | Getty ImagesA New…