The Fed’s interest-rate cut is adding to the headwinds hampering the breakneck growth of the $1.7 trillion private credit industry.
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Volkswagen workers heckled CEO Oliver Blume as he defended plans to consider unprecedented factory closures in Germany The company says flagging car sales have left it with about two plants too many, reports Elisabeth Behrmann https://t.co/9YuI59nIcx
Volkswagen workers heckled CEO Oliver Blume
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Apple is facing an unprecedented challenge: persuading customers to buy its latest iPhones without their biggest new feature.
Apple iPhone 16 Reaches Stores Without Its Highly Awaited AI Features
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DBS Group Holdings aims to double fees from wealth management by 2027 as more of the world’s affluent investors shift their assets to Asia.
DBS Sees Wealth Fees Doubling by 2027 as the Rich Head to Asia
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Hong Kong’s biggest share sale in more than three years is fueling hopes China’s dormant billionaire deal pipeline may come back to life.
The Billionaire Firms to Watch After Midea’s Hong Kong Debut
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In a proposal to a group that represents European employees, GE Vernova said Thursday it intended to transform its offshore business globally into a smaller, leaner and more profitable business, according to a company representative.
GE Vernova Says It May Cut 900 Jobs in Offshore-Wind Revamp
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Good news for India’s jewelry firms with gold imports hitting a new peak in August and demand expected to stay robust ahead of the festive season. Read for free with your email on what else could move markets.
India's Gold Demand To See Boost With Upcoming Festive Season
bloomberg.com
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The former US Treasury Secretary said inflation will probably prevent the Fed from lowering interest rates as much as expected in coming years.
Summers Sees Fed Rate Projections Upended, Higher Mortgage Rates
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Exclusive: Malaysia’s king is planning to seek funding from Chinese investors for a multibillion-dollar high-speed rail connecting to Singapore.
Malaysia’s King to Seek Funds for High-Speed Rail on China Visit
bloomberg.com
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Basketball legend Michael Jordan has finally found a buyer for his ultra custom mansion in suburban Chicago.
Michael Jordan Finally Finds Buyer for His Chicago Mansion
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