A sluggish market for initial public offerings and a steady appetite for growth capital means private credit has an opportunity to play a vital role in bridging that gap for burgeoning tech firms, according to Viral Patel, Blackstone Credit’s global head of technology investing.
Madrid is poised for its hottest ever day, with the temperature expected to reach a record 43.4C (110F) on July 11, according to the Global Forecast System.
European Central Bank Vice President Luis de Guindos showed some optimism that underlying inflation may be peaking as he insisted there’s no settled view on the path of interest rates after a likely hike this month.
Chinese Foreign Minister Qin Gang has been absent from public view for 12 days, an usual absence for the normally-busy senior official.
A prominent Chinese influencer has called on his fellow citizens to invest in the country’s stocks as property woes persist, at a time when the world’s No. 2 economy is mired in a deepening crisis of confidence.
The European Union’s sanctions against Russia will build over time and will have a growing long-term impact on Moscow’s economy, according to the bloc’s executive arm.
Bond investors are bracing for fresh signs of strength in the US labor market on Friday after Treasuries tanked on fears the Federal Reserve will hike interest rates higher than previously assumed.
A long-running battle for control of Celsa Group shifted to a Barcelona courtroom where the owners of the troubled Spanish steelmaker are trying to fend off a bid by creditors including Deutsche Bank AG and Strategic Value Partners to force a restructuring of a €2.8 billion ($3 billion) debt pile.
In late June, workers at a General Motors Co. Ultium electric-vehicle plant confronted a startling sight: A defective battery was on fire.
A law that props up the news industry has turned Canada into the latest battleground for global tech giants that are pushing back against governments trying to curb their dominance.
