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Citi partners with BlackRock's HPS for $17.5 billion private credit program

Citi partners with BlackRock's HPS for $17.5 billion private credit program

May 18 (Reuters) - U.S. banking giant Citigroup and BlackRock's HPS Investment Partners have partnered on a 15 billion euro ($17.48 billion) private credit program to expand direct lending across the EMEA region, the companies said on Monday.
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SpaceX Accelerates IPO Plans, Aiming for Nasdaq Listing by June

SpaceX Accelerates IPO Plans, Aiming for Nasdaq Listing by June

SpaceX Accelerates IPO Plans, Aiming for Nasdaq Listing by June
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SpaceX Accelerates IPO Timeline, Aiming for Nasdaq Listing by June

SpaceX Accelerates IPO Timeline, Aiming for Nasdaq Listing by June

SpaceX Accelerates IPO Timeline, Aiming for Nasdaq Listing by June
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York Space Systems Under Investigation for Alleged Securities Fraud

York Space Systems Under Investigation for Alleged Securities Fraud

York Space Systems Under Investigation for Alleged Securities Fraud
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As electric bills rise, some states are focusing on the growing profits of utilities

As electric bills rise, some states are focusing on the growing profits of utilities

The artificial intelligence boom is leading to fights in some states over growing utility profits
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US prosecutors drop fraud charges against billionaire Indian businessman Gautaum Adani

US prosecutors drop fraud charges against billionaire Indian businessman Gautaum Adani

U.S. prosecutors are moving to drop charges against Indian billionaire Gautaum Adani, one of the world's richest men
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Evergrande liquidators seek $8.4 billion from PwC, accusing it of negligent audits

Evergrande liquidators seek $8.4 billion from PwC, accusing it of negligent audits

By Clare Jim HONG KONG, May 18 (Reuters) - Liquidators for Evergrande Group, the failed Chinese property giant, are seeking 57 billion yuan ($8.4 billion) in damages from PwC, accusing it of being negligent in its auditing work, a Hong Kong court was told on Monday.
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ADNOC and L'IMAD Launch $30 Billion Infrastructure Initiative in Gulf and Central Asia

ADNOC and L'IMAD Launch $30 Billion Infrastructure Initiative in Gulf and Central Asia

ADNOC and L'IMAD Launch $30 Billion Infrastructure Initiative in Gulf and Central Asia
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Private credit roundup: Downtime and depreciation

Private credit roundup: Downtime and depreciation

LONDON, May 15 (Reuters) - Private credit funds have begun marking down their loan books in a recognition of investor concerns over credit quality and broader market sentiment around artificial intelligence disruptions.
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Institutions bought more private credit as individuals balked, filings show

Institutions bought more private credit as individuals balked, filings show

By Isla Binnie, Suzanne McGee and Akash Sriram NEW YORK, May 15 (Reuters) - Institutional investors broadly raised their exposure to some of the private credit funds that have been battered by growing risk aversion during the first three months of the year, according to a Reuters analysis of filings
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Foreign Institutional Investors Sell Off Rs. 75,825 Crore in Indian Blue-Chip Stocks, Impacting Market Stability

Foreign Institutional Investors Sell Off Rs. 75,825 Crore in Indian Blue-Chip Stocks, Impacting Market Stability

Foreign Institutional Investors Sell Off Rs. 75,825 Crore in Indian Blue-Chip Stocks, Impacting Market Stability
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HSBC Pauses $4 Billion Private Credit Expansion Amid Market Volatility

HSBC Pauses $4 Billion Private Credit Expansion Amid Market Volatility

HSBC Pauses $4 Billion Private Credit Expansion Amid Market Volatility