Author: Editor-In-Chief
Apollo Global Management CEO Marc Rowan in an interview with Bloomberg TV in New York on December 5, 2023.Gina Moon | Bloomberg | Getty ImagesapolloThe asset management giant has told investors in its flagship private credit fund that it will limit withdrawals this quarter to just under half of requests, the latest sign of stress in the asset class.Apollo Debt Solutions BDC said in a filing with the Securities and Exchange Commission late Monday that it received redemption requests representing 11.2% of its outstanding shares in the first quarter, well above the 5% quarterly cap allowed by the fund.Unlike other…
US President Donald Trump’s about-face on his ultimatum to Iran has cooled oil prices even as Tehran denies Trump’s claims that the two countries have spoken. Iran and Israel continue to exchange attacks as violence against Palestinians escalates in the occupied West Bank, but President Trump’s five-day suspension of threats provides some respite for potential talks. Here’s what you need to know on day 25. What are the main headings? President Trump postpones threat: President Trump suspended his threat to attack Iranian power plants for five days after claiming that the United States and Iran reached “key points of agreement”…
England boss Rob Key said there was no “major falling out” between manager Brendon McCullum and Test captain Ben Stokes after the Ashes, and explained why he and ECB chief executive Richard Gould kept the New Zealander’s job.Under McCullum and Stokes, England lost 4-1 in Australia this winter. Their only victory came in the remarkable two-day Boxing Day Test in Melbourne. His preparation and aggressive style of play were criticized, leading to a number of off-field problems, some of which Gould described as “unprofessional”. There were some instances of differing messages between coach and captain, but Mr Key refuted the…
Sultan Ahmed Al Jaber, CEO of Abu Dhabi National Oil Company (ADNOC), during India Energy Week on Tuesday, January 27, 2026 in Goa, India. Dheeraj Singh | Bloomberg | Getty ImagesHOUSTON – The United Arab Emirates on Monday condemned Iran’s attacks on ships in the Strait of Hormuz as a form of “economic terrorism” that is holding the world hostage. “Let me be clear: the weaponization of the Strait of Hormuz is not an act of aggression against a country,” said Sultan Ahmed Al Jaber, CEO of Abu Dhabi National Oil Company (ADNOC). “This is economic terrorism against every country,…
On Monday, world No. 1 Aryna Sabalenka defeated Zheng Qinwen in straight sets to advance to the quarterfinals of the Miami Open. Sabalenka defeated her Chinese opponent 6-3, 6-4, setting up a matchup with Haley Baptiste, who knocked out Hezhena Ostapenko on Sunday. As of 2026, the only loss to the No. 1 player in the world was in the Australian Open final to Jelena Rybakina, and since then Sabalenka has won nine games in a row, including a victory in Indian Wells. “Right now, I can say I feel about six, seven, seven (out of 10),” Sabalenka told Sky…
OpenAI CEO Sam Altman speaks at the BlackRock Infrastructure Summit in Washington on March 11, 2026.Anna Moneymaker | Getty ImagesOpenAI outlined its close relationship with the company in a document similar to an IPO prospectus. microsoft This could be a potential risk to the company’s business, telling investors that the software company is responsible for “a significant portion of our financing and calculations.”OpenAI included sections titled “Risks Related to the Transaction” and “Risks Related to Our Business” in its financial documents seen by CNBC, which the company shared with prospective investors in connection with its recent record funding round. Last…
With four of the six teams representing the Premier League eliminated in the last 16, it is a tough time for the English team heading into the Champions League. But hope remains for next season, with as many as seven teams potentially qualifying for the 2026/27 competition. How can seven teams from the Premier League qualify for the Champions League?I’m glad you asked. A specific but very likely outcome is that England could have seven teams in next season’s tournament, or almost a fifth of all teams in the league. To do that, Liverpool must win this season’s Champions League…
Hello, I’m Evelyn. I am writing to you from Beijing. Welcome to the latest edition of The China Connection. This is a concise summary of what I have seen and heard from local companies.Today, we take a closer look at Alibaba’s latest efforts to take on the global animation market, just as Hollywood is working hard to win over Chinese movie fans. What do Chinese executive producers think is the path to success?enjoy!Do you have any thoughts about today’s newsletter? Share them with the team.big storyHow do Chinese animation studios operate? alibaba Deciding what kind of story to tell? The…
The Chelsea manager is always under pressure, especially when his team performed as well as they did away to Everton.Saturday’s performance in the 3-0 defeat was far from good enough, and of particular concern for Chelsea’s hierarchy is the perception among some Chelsea fans that the players do not appear to be playing for head coach Liam Rosenior. There is no escape from this situation. Chelsea have had a terrible 10 days. They humiliated PSG with two defeats and were eliminated from the Champions League, and lost to Newcastle and Everton in the Premier League. Fast forward to the beginning…
In a new viral video, Sen. Bernie Sanders tried to expose how the AI industry is a threat to Americans’ privacy, but ended up demonstrating how AI chatbots’ tendency to agree with and flatter users can make them less tools of discovery themselves and more like mirrors of users’ own beliefs. We have seen this problem before with the rise of people suffering from “AI psychosis” where AI chatbots reinforce the irrational thoughts and beliefs of mentally unstable people. In some cases, this dark pattern even led users to take their own lives, several lawsuits allege. In Sanders’ case, the…