Two Blue Owl funds are reducing their dividends. Two funds that invest in private credit run by Blue Owl Capital said they're cutting dividends in the latest sign of stress to hit the sector. The $15.

The ECB last week left its key interest rate unchanged, but investors interpreted comments at a subsequent news conference as an indication that a rate rise is likely when officials next meet.

Oil prices edged lower and stocks gained in cautious trade, as markets await Iran's response to a U.S. memo that would declare an end to the conflict and gradually reopen the Strait of Hormuz.

Sinopec's access to China's strategic petroleum reserves--which can roughly cover up to 110 days of oil imports--provides a substantial buffer, but the prospect of a prolonged energy shortage has cast ...

Iveco Group said it expects its 3.8 billion-euro ($4.46 billion) acquisition by Tata Motors to be completed by the third quarter of this year. The Italian truck maker said Thursday that regulatory ...

Bank Negara Malaysia kept its overnight policy rate at 2.75% on Thursday, holding steady since it delivered a 25-basis-point cut in July last year. The decision was forecast by all eight economists ...

Asian stock benchmarks were broadly higher Thursday afternoon, led by Japan's Nikkei, which jumped 5.6% to close at a record high amid sharp gains in chip stocks. Index heavyweight SoftBank surged 18% ...

The update is the company's first since the outbreak of the Middle East conflict at the end of February. Since then, shipping in the area has been crippled. Container-shipping operators have suspended ...

Some of that resilience was evident in March, as orders climbed 5.0%, German statistics office Destatis said Thursday. That was a second straight climb after February's 1.4% and far better than the ...

In Europe, the Stoxx Europe 600 gained 0.2% in morning trading. Zealand Pharma rose 14.1% and Loomis added 6.8%. On the other hand, Davide Campari-Milano dropped 9.9%, and Lanxess lost 9.5%. The FTSE ...

As of early April, Samsung's share of the offline market in China stood at 3.62% for color TVs, 0.41% for refrigerators and 0.38% for washing machines. Chinese consumer electronics brands dominated ...

Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry. The company makes lump-sum payments in exchange for future ...