Two funds run by Blue Owl are cutting their dividend — and one sold half its SpaceX stake before IPO

Two funds that invest in private credit run by Blue Owl Capital said they’re cutting dividends in the latest sign of stress to hit the sector.

Source

MarketWatch

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Japan may have fired its yen bazooka twice, but markets are testing Tokyo’s resolve

Japan's Ministry of Finance has intervened in the yen over the country's Golden Week holiday.

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CNBC

Maersk said the Iran war had introduced an "additional layer of uncertainty" as it reported first-quarter earnings on Thursday.

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Forbes

The new wearable from Huawei further improves on health and fitness tracking.

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Bloomberg Markets

British builders posted the largest decline in output since November as the Iran war pushed up input prices and discouraged sales.

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