Investors rushed out of Blue Owl’s flagship and technology-focused credit funds as jitters continue to sharpen in private credit. Blue Owl’s largest fund, a $36 billion pot of corporate loans known by its ticker, OCIC, received redemption requests for 22% of its assets, the firm said today. A smaller, $6 ...
Category: Semafor
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Trump ousts Bondi from atop the Justice DepartmentTrump ousts Bondi from atop the Justice Department
The News President Donald Trump has removed Pam Bondi as attorney general, ending her tumultuous 14 months at the helm of the Justice Department. Trump told Bondi on Wednesday that her time in the job was nearing an end, as Semafor first reported, and he made the announcement official a ...
Semafor Accelerates Gulf Editorial and Commercial PresenceSemafor Accelerates Gulf Editorial and Commercial Presence
The News Semafor today announced an expansion of Semafor Gulf, the latest step in the company’s sweeping 2026 editorial expansion and a doubling down on its investment in one of the world’s most consequential economic and geopolitical regions. Beginning this spring, Semafor Gulf will publish five days a week and ...
Oil prices surge over more Iran war uncertaintyOil prices surge over more Iran war uncertainty
Oil prices surged to more than $108 a barrel after US President Donald Trump offered an unclear timeline for ending the war in Iran, and equivocated on whether reopening the Strait of Hormuz is a key US military objective. In his first prime-time televised address on the conflict, Trump reiterated ...
Iran conflict has ripple effect on Ukraine warIran conflict has ripple effect on Ukraine war
The Iran war and the consequent global surge in energy prices is having a ripple effect on the war in Ukraine. US President Donald Trump threatened to withdraw aid for Kyiv unless European allies helped reopen the Strait of Hormuz, the Financial Times said; the move led some nations to ...
Shell eyes Venezuela gas fields investmentShell eyes Venezuela gas fields investment
Energy giant Shell is in talks with Venezuela to develop gas fields off the country’s coast, the latest sign of increased investor appetite in the country. Venezuela’s oil production remains far below its 1990s peak despite having the world’s biggest crude reserves. Still, investors are feeling bullish as the country ...
Hungary’s electoral transparency to be testedHungary’s electoral transparency to be tested
Hungary goes to the polls next week, with the country deeply doubtful over the trustworthiness of the electoral process. Prime Minister Viktor Orbán is seeking a fifth consecutive term, but a majority of voters believe the elections will be dishonest. Whereas people in most countries rank the economy as their ...
India embarks on yearlong population censusIndia embarks on yearlong population census
India began a yearlong effort to count the world’s (presumably) largest population. A 2011 headcount recorded 1.21 billion. COVID-19 delayed the 2021 edition, but estimates now place the figure at 1.47 billion. That probably isn’t too far off the mark, but any errors could starkly affect parliamentary seat allocations if ...
Trump asks Americans to stick with him on Iran warTrump asks Americans to stick with him on Iran war
The News During his first primetime address to the nation to discuss the war with Iran, President Donald Trump on Wednesday sought to reassure — and convince — Americans that the operation is necessary and will soon wrap up, as gas prices rise and foreign leaders grapple with the war’s ...
Europe’s far right sours on Trump over Iran warEurope’s far right sours on Trump over Iran war
Europe’s hard-right parties are breaking ranks with US President Donald Trump over the Iran war. Populist groups across the continent have broadly aligned themselves with Trump’s MAGA movement. But the partnership has been weakened by the US campaign against Iran, which undermines Trump’s isolationist “America First” vision and has pushed ...