In this article.NSEIINR=HSBCPeople stand in a queue to refill fuel at a gas station in Guwahati, India, on March 26, 2026.David Talukdar | Anadolu | Getty ImagesForeign investors are on track to pull a record $12 billion from Indian equities this March as the Iran war disrupts oil and gas supplies, squeezing the economy and stoking fears of a growth slowdown.With just two trading days left in the month, foreign portfolio investors have already pulled out 1.12 trillion rupees ($12.1 billion) — likely marking ...

Blackstone Group's logo on display during the opening of the company's new office in Singapore.Since the pandemic, private equity funds focused on Asia have struggled to raise money, as the industry sat on massive unsold assets and idle dry powder. Signs of growing confidence began to emerge late last year as exit values picked up and cash distribution for investors started flowing again, encouraging private equity to resume preparations to launch new funds after a multiyear lull in activity. But now, that ...

After a decade in which private credit lenders grew rapidly and took over a large share of financing for leveraged buyouts, signs of strain in that sector, along with easing bank rules, may now be shifting the balance. "This is an opportune time for banks to regain market share from private credit funds," Moody's chief economist Mark Zandi told CNBC in an email. "Interest rates have declined and banking regulation has eased. Private credit lenders are also struggling with the fallout from their previously a ...

"They said, 'To show you the fact that we're real and solid and we're there, we're going to let you have eight boats of oil ... and they'll sail up tomorrow,'" Trump said, referring to Iran.Speaking during a Cabinet meeting on Thursday, Trump described the development as a goodwill gesture from Tehran amid what he characterized as ongoing diplomatic engagement.International benchmark Brent crude futures declined 1.92% to $105.94 per barrel, while U.S. West Texas Intermediate futures slipped 1.76% to $92.82 ...

An oil tanker unloads crude oil at a terminal at the port in Qingdao, in China's eastern Shandong province on March 11, 2026.Chinese industrial firms saw their profits surge in the first two months of this year as officials pressed ahead with efforts to contain the fallout from industrial overcapacity and lackluster consumer demand. Industrial profits jumped 15.2% from a year earlier in the January-February period, the National Bureau of Statistics data showed Friday, extending a sharp rebound from a 5.3% j ...

CEO and co-founder of Anthropic Dario Amodei speak onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center on December 03, 2025 in New York City.A federal judge in San Francisco granted Anthropic's request for a preliminary injunction in its lawsuit against the Trump administration. Judge Rita Lin issued the ruling on Thursday, two days after lawyers for the artificial intelligence startup and the U.S. government appeared in court for a hearing. Anthropic sued the administration to ...

Infiniti, Nissan's premium brand, sold a record 153,000 vehicles in 2017 in the U.S., one of the world's most important auto markets. Last year, it sold just a third of that, according to the company. The brand touted its American ambitions with the vehicle's launch, choosing New York City's Grand Central Terminal to unveil the QX65 and, as it has in the past, enlisting NFL stars Rob Gronkowski and Julian Edelman as hosts for the event. Brinley also said the QX65 draws on Infiniti's old FX line of sport uti ...

OpenAI's nascent ads business has surpassed $100 million in annual recurring revenue less than two months after launching its pilot in the U.S., according to a spokesperson. The artificial intelligence startup said in January that it planned to test ads with its free users and ChatGPT Go subscribers in the U.S., potentially opening up a lucrative new revenue stream. The move was ridiculed by rival Anthropic, which made OpenAI's ad push the focus of its first Super Bowl campaign. OpenAI is working with more ...

Bringing screens back to American Airlines' narrow-body planes is under "serious consideration" and a decision could be made as early as next month, according to a person familiar with the matter.It would be part of a major revamp of American's in-flight entertainment and Wi-Fi for narrow-body aircraft, said the person, who was not authorized to talk about the plans publicly. Part of those plans include discussions with SpaceX's Starlink and Amazon Leo to potentially become an in-flight Wi-Fi provider, acco ...

Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of the Senate Banking, Housing, and Urban Affairs Committee, during a hearing in Washington, DC, US, on Thursday, March 26, 2026.Sen. Elizabeth Warren sent a blistering letter to Federal Reserve chair nominee Kevin Warsh on Thursday, predicting he would serve as a "rubber stamp for President Trump's Wall Street First Agenda," and accusing him of having learned "nothing from your failures" during a prior stint at the central bank.Warr ...