Banking executives in Europe have moved to calm investor concerns over private credit risks, as lenders’ exposure to the troubled sector re-emerged during earnings season. Barclays revealed a £15 billion ($20.3 billion) exposure to private credit in its first quarter earnings statement on Tuesday. This formed part of an overall structured financing exposure to non-bank…
Hannelore Foerster | Bloomberg | Getty Images LONDON — European stocks opened sharply lower on Thursday as investors digest the latest reports on the Iran war and monitor a raft of corporate earnings and central bank decisions. The pan-European Stoxx 600 was trading 0.5% lower shortly after 8:10 a.m. in London (3:10 a.m. E.T.). The…
A Volkswagen logo at the back of an ID.7 electric car at the Volkswagen electric car factory on February 24, 2026 in Emden, Germany. Focke Strangmann | Getty Images News | Getty Images German auto giant Volkswagen on Thursday reported weaker-than-expected first-quarter profit, citing higher U.S. tariffs and intensifying competition from Chinese car brands. Europe’s…
Israeli Soldiers secure the opening of a tunnel near the border with Israel on December 15, 2023, northern Gaza Strip. Amir Levy | Getty Images Earlier this month, the Bank of Israel slashed its growth forecast for this year, citing the hostilities in the Middle East. But, remarkably for a country that has been on…
Banyan Group’s founders share insights on building a global luxury hospitality brand — and how they navigated crisis after crisis without compromising their values. From a single resort in Phuket to a global hospitality brand, Banyan Group‘s journey has been shaped by bold bets, tough decisions and a commitment to long-term values. In this episode of “Managing…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Over the past two decades, India’s IT sector has been driving a consumption boom that has in many ways anchored the India growth story….
A man passes an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo on March 31, 2026. (Photo by Kazuhiro NOGI / AFP via Getty Images) Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets mostly fell Thursday, tracking overnight losses in key Wall Street benchmarks as oil…
Iran is back at the top of our headlines after U.S. President Donald Trump threatened Tehran again. <
Alexander Manzyuk | Reuters Oil extended gains Thursday on signs of a prolonged U.S. blockade of Iranian exports and stalled nuclear negotiations, stoking fears that supplies will remain tight for longer. The gains come as Axios reported that Trump had rejected Tehran’s proposal to reopen the Strait of Hormuz, signaling the naval blockade will remain…
Dario Amodei, co-founder and chief executive officer of Anthropic, during the company’s Builder Summit in Bengaluru, India, on Monday, Feb. 16, 2026. Samyukta Lakshmi | Bloomberg | Getty Images Anthropic has been chasing OpenAI since the launch of ChatGPT in late 2022. It appears to have finally caught up. The artificial intelligence startup, founded five…
