Bloomberg Business

Blackstone Inc. senior managing director Nadim El Gabbani has left the alternative-asset manager.

Elliott Investment Management and Carlyle Group are among the investors that have placed orders for a $3.84 billion slug of debt backing the buyout of Citrix Systems Inc., which a group of banks are offering to unload at a steep discount, according to people with knowledge of the matter.

DoubleLine Capital LP’s next pair of exchange-traded funds are setting sail into a rocky real estate market.

Teck Resources Ltd. spent four years mulling options for its steelmaking coal business before deciding to separate it from its base metals operations.

Suncor Energy Inc.’s majority-owned unit Syncrude Canada Ltd. was charged with safety violations in the death of an oil sands worker, the latest setback for a company under investor pressure to improve its safety record.

A shock move by OPEC and its allies to cut their mainly high-sulfur crude output is about to thrust Latin America into the spotlight as a possible source of replacements.

The Bank of England Chief Economist Huw Pill said officials may need to raise interest rates even as inflation falls to prevent resurgence in prices caused by households and companies trying to claw back their lost income.