Author: Charlotte

Alternative investments giant Apollo Global Management has seen its stock swoon this year as a result of fears in the private credit market. At CNBC’s Invest in America Forum in Washington, D.C., on Wednesday, its billionaire CEO Marc Rowan offered the latest defense of its book of business, and latest attempt to distance the firm from the riskiest edge of the private credit market.Apollo has faced scrutiny for its decision to limit quarterly redemptions in a private credit fund to 5% — other firms in the space have relaxed their redemption limits, though 5% is a generally accepted standard in…

PayPal Holdings Inc. and Coinbase Global Inc. are navigating a gray area in US accounting rules by treating popular digital coins akin to cash on their balance sheets, their latest annual reports show. The judgment calls come as the Financial Accounting Standards Board met Wednesday to kick off a discussion of staff research and public input on whether certain digital assets like stablecoins can be classified as highly liquid, short-term investments alongside US Treasury bills and money market funds. The board took up a project on this question in October, as crypto industry groups clamored for further clarity.Board members voted…

Solana price has moved sideways in the past few months as activity in the network slowed and the crypto winter continued. SOL token has remained inside the narrow range between $75 and $93 since the first week of February this year. It is stuck in a deep bear market after falling from last year’s high of $300.Solana ETT experience modest inflows American investors are continuing their Solana ETF accumulation this month. Data compiled by SoSoValue shows that these funds are in their seventh consecutive month in the green, with the cumulative total inflows rising to nearly $1 billion. Solana ETFs have added…

Axlight’s interest in La Trobe Financial first emerged in August 2025 amid circling private equity interest in the group. Current owner Brookfield Asset Management (which acquired La Trobe in 2022) brought on Axlight as a minority shareholder to help pursue its next stage of growth. Brookfield is reported to be seeking an exit on its La Trobe ownership, with rival private equity groups Warburg Pincus and CVC Capital Partners named as suitors. However, La Trobe stated in an ASX statements that “Brookfield will remain La Trobe Financial’s majority owner and a long-term partner in the business”. La Trobe is seeking…

Wrexham’s fairytale rise since a takeover by Hollywood actors Ryan Reynolds and Rob McElhenney has not been limited to on-pitch success as a wave of new fans from around the globe has fuelled an economic boom in north Wales.Just over five years ago, the Red Dragons languished in the fifth tier of English football before Reynolds and McElhenney’s arrival in a city of under 150,000 people had a transformative effect for both the club and local businesses.AdvertisementWrexham are now battling for promotion to the Premier League after an unprecedented three consecutive promotions and also gave Chelsea a scare before losing…

Britni Ihle has joined BlackRock as Managing Director, the firm confirmed to Traders Magazine via email. “She is a senior member of the Blackrock Global Markets Artificial Intelligence team, with a current focus on leading Trading Transformation,” BlackRock said. Britni Ihle Ihle joins from Citi, where she spent more than four years in senior trading roles. Most recently, she served as Head of Cross-Product Trading, Spread Products from November 2024, after previously serving as Head of Credit Quant Trading – North America from December 2021 to November 2024. Before Citi, Ihle spent more than a decade at Credit Suisse. Her…

Researchers have identified that a buried 10th-century silver necklace in Veliky Novgorod, one of the oldest cities in northwestern Russia, contains beads traced to workshops across Scandinavia, central Europe, and early Rus.That reach reframes the city as a tightly connected hub where status objects moved across vast regions and carried shared cultural meaning.Clues inside one pit Buried in a clay pit on Novgorod’s Sofia Side, a historic district, the cache held nearly 1,900 objects from one concealed act.By analyzing 40 beads, Irina Zaytseva of the Institute of Archaeology of the Russian Academy of Sciences (IA RAS) matched them…

Bitcoin steadies near $75,000 as altcoins rally – CHOSUNBIZ Chosunbiz Source link

Many private companies have been on a longer path than expected toward refinance or exit. With deals conditions still inconsistent, many portfolio companies remain in extended hold periods. What’s changed is not just the timeline, but the expectation around how value is created during that hold, with more focus on both structural and operational levers to sustain performance over a longer period. Owners and management teams are directing more attention, and capital, towards running the business better, especially with AI. Companies aren’t just talking about AI; they’re using it to improve customer experience, support finance teams, and drive efficiency. At…

News Mixed outlook for ag economy as strong livestock, dairy offset crop market concerns An economist with CoBank says the U.S. farm economy is a mixed bag. “It’s not good, but it’s not dire,” Rob Fox recently told Brownfield. Fox says crop production has been increasing but demand could be problematic moving forward. “On the row crop side, we essentially have a situation where there is just too much grain and oilseeds being produced in the world at the moment,” he said. “That’s running into a little bit of a weak global economy, but also global populations are leveling off…