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...The concept would mirror an existing fund set up by Blue Owl, the asset manager of Dyal HomeCourt Partners, to invest exclusively in National Basketball Association teams....
...Public finances remain very tight and investors have recently scaled back their expectations on the number of interest rate cuts the Bank of England will be able to make in 2024....
...Microsoft has hired the co-founder of Google’s DeepMind, the Bank of Japan raised interest rates for the first time since 2007, and leading European and UK artificial intelligence start-ups have been lobbied...
...The largest US banks lent billions of dollars less in the first quarter, in a sign that corporate borrowers are paying down debt as interest rates hover at historically high levels....
...survey of banks and building societies....
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...The country is on the second of two days of national mourning declared after the deaths of at least 131 people in severe wildfires in the central Valparaíso region over the past week....
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...In Argentina, a fire in Patagonia has destroyed thousands of hectares of the Los Alerces national park and left firefighters battling to keep it away from two nearby towns....
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...The US Department of Justice has charged four Russian soldiers with war crimes for torturing an American national in Ukraine, the first indictment of its kind brought under US law....
...Rubasingham may be the NT’s first female artistic director and the first person of colour in the role but she owes her appointment to her own track record....
...Glapiński is a member of the ECB’s general council along with all heads of EU national central banks....
...The moves came after the Swiss National Bank became the first major central bank to start easing monetary policy as it unexpectedly cut its headline interest rate by 25 basis points to 1.5 per cent....
...But the Fed was not the only central bank that markets deemed surprisingly dovish. Two days before the Fed, the Bank of Japan wrapped its first interest rate increase in 17 years in dovish packaging....
...The European Central Bank has announced its first annual loss for almost two decades, prompting policymakers to carry forward an annual deficit to offset against future profits for the first time....
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...Scotland’s National Investment Bank almost doubled its losses in the last financial year after being hit by the collapse of the company set up to administer the government’s flagship recycling scheme....
...Autumn Variations teams him again with Aaron Dessner of US indie mainstays The National, who has become an A-list producer following his work on Taylor Swift’s Folklore and Evermore....
...Stocks tied to real estate listings tumbled after the National Association of Realtors settled a lawsuit related to sales commissions, which are expected to drop....
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