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Citi’s Bhatia Warns of Private Credit ‘Tourists’ Forced to Sell
Private credit rookies selling into a downturn poses a potential threat to corporate debt, Citigroup Inc.’s Mickey Bhatia warned.
Ares, JPMorgan Ink $800 Million Private Credit Deal for GoodLife
A group including Ares Management Corp. provided around $800 million in a private credit deal to finance Apollo Global Management Inc.’s investment in the GoodLife Group, which operates health clubs in Canada, according to people familiar with the matter.
Morocco’s Tourism Revenue Hits MAD 31 Billion in Q1 2026, Up 24%
Marrakech – Morocco’s travel receipts in foreign currency reached MAD 31 billion ($3.1 billion) in the first quarter of 2026, marking a 24% increase compared to the same period in 2025, according to the Ministry of Tourism. The country welcomed 4.3 million tourists between January and March. The figure represents a 7% rise year-on-year, the ministry said in a statement. The results suggest that tourists are spending significantly more per trip than they did a year ago, the ministry detaile...
How Ketamine Spawned a $1.7 Billion J&J Blockbuster Drug
Spravato, the ketamine-derived nasal spray from Johnson & Johnson, was once seen as a long shot. It was difficult to deliver, heavily regulated and slow to catch on. Find out how it became a billion-dollar drug and part of a new model for treating depression. (Source: Bloomberg)
Russia transferred 20,000 tons of fertilizers to Niger — Foreign Ministry
The Russian Federation intends to continue providing required humanitarian support to the people of the friendly Republic of the Niger, the ministry said
Monthly domestic urea output back to last year’s levels
Domestic urea production has bounced back to last year's levels, with April output reaching 21 lakh tonnes, a significant recovery after a March dip. With natural gas supplies largely restored and robust import assurances, the government confirms ample fertilizer availability to meet the upcoming kharif crop needs, ensuring farmers remain unaffected by global price hikes.
First Brands’ creditor sues BDO over car parts maker’s collapse
Hedge fund Black Diamond claims at least $70mn in damages against audit firm
Attijari Payment, Africa-Exchange to Modernize Currency Exchange Offices in Morocco
Agadir – Attijari Payment and Africa-Exchange have signed a partnership agreement aimed at accelerating the adoption of electronic payment solutions and supporting the modernization of currency exchange offices across Morocco. As an economic interest group operating in Morocco, Africa-Exchange provides services dedicated to manual foreign exchange operations and currency transactions. According to a press statement Attijariwafa shared on Wednesday, the agreement was signed on April 28 in...
Blue Owl Scrutiny to Ramp Up as Shares Near ‘Doomsday’ Level
Blue Owl Capital Inc., whose battered stock has served as a proxy for concerns over the health of the $1.8 trillion private credit industry, will face fresh scrutiny from investors and Wall Street analysts with the release of its first-quarter earnings. Bloomberg's David Havens joins to discuss. (Source: Bloomberg)
'You'll need to bucket and chuck it!' Lord Offord teases Greens co-leader with invitation to board his 52ft yacht - but warns there are no toilets...
'You'll need to bucket and chuck it!' Lord Offord teases Greens co-leader with invitation to board his 52ft yacht - but warns there are no toilets...Click here to visit the Scotland home page for the latest news and sport By TOM GORDON DEPUTY SCOTTISH POLITICAL EDITOR Published: 20:02, 30 April 2026 | Updated: 20:03, 30 April 2026 e-mail View comments
Apprenticeships Are The Workforce Solution We Need—Can We Finally Scale Them?
Apprenticeship has game-changing potential. Here's how to reach the Administration's goal of 1 million apprentices and beyond.
Weakening Bank Regulations Is A Risk Americans Can’t Afford
The U.S. economy is becoming more fragile. This is not a backdrop that calls for bank deregulation. It is one that demands resilience via loss absorbing capital.
3 mortgage rate questions borrowers should ask after the Fed rate pause
MoneyWatch: Managing Your Money 3 mortgage rate questions borrowers should ask after the Fed rate pause We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNe...
NY Pied-à-Terre Tax Needs Significant Rates to Earn $500 Million
Luxury second homes in New York will have to be taxed at a “significant” amount to generate the $500 million of revenue the city is counting on to help close a gaping budget hole, according to a new study from New York City Comptroller Mark Levine’s office.
Media-rights revenue for men's UEFA club competitions set to surge past $5bn
The global appeal of the Champions League is set to take annual media-rights revenues for UEFA’s men’s club competitions past the $5billion (£3.7bn) mark from 2027 onwards, a 20-per-cent increase on the current figure.Commercial and media rights for the Champions League, Europa League and Conference League are now managed by UC3, a joint venture between UEFA and European Football Clubs (EFC), the lobby group formerly known as the European Club Association, with Relevent Football Partners acting...
Gurugram Man Racks Up Rs 1 Lakh In Challans, More Than Cost Of His Bike
According to the police, the accused allegedly violated multiple provisions of the Motor Vehicles Act, with offences recorded both manually and through CCTV surveillance cameras.
Lebanon requires $7 bln to restore areas destroyed by war — minister
According to the newspaper, agricultural production plummeted by 40% due to hostilities
Gold Falls for Third Day as Iran War Heightens Inflation Risks
Bloomberg's Jack Ryan joins Scarlet Fu on "Bloomberg Markets." Gold extended a decline with the indefinite closure of the Strait of Hormuz continuing to heighten inflation risks and the Federal Reserve signaling the war in Iran is clouding the economic outlook. (Source: Bloomberg)
Cuba far from collapse despite oil shortage, its envoy to UN says
According to Ernesto Soberon Guzman, the government is adapting to the new conditions by converting part of the educational process to an online format and introducing alternative solutions
13 terrorists killed as bids to infiltrate Pak-Afghan border in KP foiled: ISPR
The military’s media affairs wing said on Thursday that 13 Indian-sponsored terrorists were killed in two foiled infiltration attempts along the Pak-Afghan border in Khyber Pakhtunkhwa. In a statement, Inter-Services Public Relations (ISPR) said that the 13 Fitna al Khawarij terrorists were killed last night. Fitna al Khawarij is a term the state uses for terrorists belonging to the banned Tehreek-i-Taliban Pakistan. ISPR said that in KP’s Mohmand district, the movement of a group of terrorists...