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Saudi Arabia’s PIF cuts US equity holdings ahead of Crown Prince’s White House visit
Sovereign wealth fund has exited positions in nine American companies, including Visa and Pinterest
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Britain’s Budget must put growth first — here’s how
Rachel Reeves can break the UK’s fiscal ‘doom loop’ by backing business and workers
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Blue Owl private credit fund merger leaves some investors facing 20% hit
Asset manager blocks redemptions from one of its first private debt vehicles targeting wealthy individuals
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China sends coastguard to disputed islands as row with Japan escalates
Ships sail near the Senkaku or Diaoyu chain as officials warn there is no straightforward way to ease tensions
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Vinted explores share sale at €8bn valuation
Deal would highlight second-hand fashion start-up’s rapid expansion and provide an exit for some early investors
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Wall St reins in rate cut bets on inflation concerns
Market expectations of further easing in December have almost halved as a split among Fed officials appears to widen
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Renault and Nissan in talks over reviving alliance after leadership changes
New possibilities open up after exit of CEO Luca de Meo, who wanted to offload French group’s stake in the Japanese carmaker
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The growing backlog behind Britain’s hotel asylum crisis
Appeals logjam reflects mounting dysfunction in a critical part of the immigration system
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