The Iran War Is Reshaping Global Aviation

Lufthansa, BA, Delta face a challenge to capitalize on the upheaval For years, airlines in the US and Europe have gawked at the rise of Middle East carriers funneling ever more passengers through their gleaming hubs in Dubai and Doha at competitive prices with the...

It May Take a Year to Restore Abu Dhabi Aluminum Output, EGA Says

The Middle East’s biggest aluminum producer said it may take as long as a year to restore full output at its Abu Dhabi plant, following an Iranian attack a week ago. Emirates Global Aluminium said the Al Taweelah smelter went into emergency shutdown, after suffering...

Blue Owl Reels as Investors Who Fueled Its Growth Now Want Out

The top-line numbers from Blue Owl Capital Inc.’s funds were unambiguous and, by just about any measure, ugly. Investors sought to cash in more than 20% of shares from its flagship $36 billion private credit fund. Its smaller, tech-focused vehicle saw redemption...

First Prediction Market Note Offers Nvidia Bets With Less Risk

Investors who like the binary bets on Kalshi and Polymarket but without the all-or-nothing risk are being offered an unlikely new asset: a bond-like note tied to prediction market outcomes. London-based Marex Group Plc created and sold the first instance of this new...