Apollo chief warns private equity industry ‘in retreat’ as rates rise Buyout groups must ‘go back to investing in the old-fashioned way’, Marc Rowan says #press image
Russian central bank weighs rate rises to prop up floundering rouble Policymakers at odds over how to deal with economic fallout from invasion of Ukraine #press image
Argentina’s radical rightwinger wants tougher austerity to rebuild economy Javier Milei has pulled country’s political discourse to the right ahead of October elections #press
Airlines rush to avoid cancellations after engine recall More than 1,000 Pratt & Whitney engines are affected, forcing carriers to change schedules and ground craft #press
Private equity groups bet on UK healthcare as NHS waiting lists grow Number of deals in sector hits highest level in a decade despite wider M&A slowdown #press
Trump case shows America needs some special verdict options Too dangerous? Not convenient? Sometimes a simple conviction would just cause too many problems #press
ICE’s $12bn mortgage tech deal builds heft in US home loans Some lenders are anxious after FTC drops fight against exchange group’s takeover of Black Knight #press
Multinationals turn to generative AI to manage supply chains Geopolitical tensions and new laws requiring companies to monitor environmental and human rights abuses in their supply networks drive interest #press
Europe’s thriving businesses face mounting windfall tax hit Levies which initially focused on banks and energy are now spreading into other sectors #press
Six people die while attempting to cross English Channel Boat carrying migrants who were trying to reach the UK capsized, French authorities say #press