What Private Credit Is, and Why Investors Are So Worried About It
[Some say the industry expanded too quickly and extended loans to companies that won’t be able to pay them back.
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City buzzes for likely Taylor Swift wedding weekend
Fencing is up, streets are closed, and all signs point to a lavish wedding for the megastars Fencing is up, streets are closed, and all signs point to a lavish wedding for megastars Taylor Swift and Travis Kelce in New York City this weekend. At Madison Square Garden, workers have been hauling in food and … Read more
Hesson backs new central contracts
Mike Hesson is optimistic about Pakistan chances at the upcoming FIFA World Cup 2027. Photo: AFP/File KARACHI: Mike Hesson has backed the newly introduced central contracts system that would help players perform better in all formats. In an exclusive interview with Express Tribune, Mike Hessonstated that the new central contracts allow players to focus on the formats they want to play … Read more
UAE’s IHC, Adani plan $11.5 billion aluminium project in India’s Odisha
Project to create 53,500 jobs includes aluminium refinery and 4,000MW captive power plant The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 22, 2024. REUTERS Abu Dhabi’s International Holding Company (IHC) plans to invest $11.5 billion in an integrated aluminium project in … Read more
Russia Bombards Ukrainian Capital With Deadly Wave of Attacks
At least 21 people were killed in drone and missile strikes on Kyiv that damaged several residential buildings across the city, the authorities said.
US Job Market Makes Slower but Steady Gains, June Employment Data Shows
[Employers added fewer jobs in June than a month earlier but the unemployment rate ticked down, a decent showing for the U.S. economy.
Damascus cafe blast kills 5, wounds 16, Syrian state news agency says
Syrian state television said a bomb had been planted at the cafe located near the Palace of Justice An emergency service member works at the site of what Syrian state media reported was a blast at a cafe in central Damascus, Syria, July 2, 2026. Photo: REUTERS A bomb blast at a crowded cafe in central … Read more
Private Credit Can’t Stop the ‘Freak Out’
[On Thursday, Blue Owl reported another quarter of significant investor withdrawal requests from some of its private credit funds.
Herbert Lust, Collector Who Befriended Giacometti, Dies at 99
He gravitated toward the work of artists he knew personally, like Alexander Calder and Robert Indiana, in amassing an unusual, important collection.
Sinner, Sabalenka into Wimbledon third round
Italy’s Jannik Sinner saw off Portugal’s Nuno Borges in the Wimbledon second round. Photo: AFP LONDON: Defending champion Jannik Sinner produced another gritty victory to reach the Wimbledon third round, while French Open champion Mirra Andreeva suffered a shock exit and world number one Aryna Sabalenka battled through. Sinner wasn’t at his best again but the world number one did just enough to … Read more