A BlackRock Inc. private credit fund in Asia has suffered the first default by a borrower in its portfolio after a Chinese company failed to repay a loan, according to people familiar with the matter.

"Claude has regressed to the point [that] it cannot be trusted to perform complex engineering," one developer wrote.

Care Ratings CEO Mehul Pandya said India can challenge global credit rating norms and reduce subjectivity in assessments. The ...

Merritt, 19, Ottawa, pleaded no contest to driving under suspension in violation of court suspension and was found guilty.

Banks are deepening their links to the murky world of private credit amid growing alarm about risks posed by the sector.

China Evergrande's founder Hui Ka Yan pleads guilty to fraud, misuse of funds, and illegal fundraising, deepening China's ...

Delta Air Lines might have unofficially kicked off the Q1 earnings season last week, but all things considered, it doesn't ...

The ratings upgrade follows completion of the transaction after receipt of necessary regulatory approvals.

On April 6, 2026, the President of India gave assent to the Insolvency and Bankruptcy Code (Amendment) Act, 2026–No. 6 of ...

Money market funds are popular with both individual savers and corporations, who often use them as a tool for managing the ...

Stronger core earnings, a 136% LICAT ratio and rating upgrades from Fitch and S&P are giving Sagicor more room to grow ...