Investing.com -- In a note this week, analysts at Bernstein questioned whether India is “committing a blunder by siding with Russia,” warning that shifting geopolitical alignments could have “a significant impact on the India story.” The firm stated that while the recently imposed 50% U.S. tariff on Indian goods “is in our view the least of the country’s worries,” the “sudden shift ...
Investing.com -- U.S. President Donald Trump and his Russian counterpart Vladimir Putin met in Alaska but came away without a breakthrough on ending the war in Ukraine, even as the U.S. president struck an optimistic tone. Putin said agreements from his summit with Trump could be a platform for ending the war in Ukraine and rebuilding ties. He did not specify what the two sides had agreed, and the ...
Investing.com -- Fitch Ratings has downgraded BlackRock TCP Capital Corp.’s (NASDAQ:TCPC) long-term issuer default rating and debt ratings to ’BB+’ from ’BBB-’ with a stable outlook, citing deteriorating asset quality and elevated non-accrual levels. The business development company (BDC) reported net realized losses of 6% of its average portfolio at fair value in the first half of 2025 ...
By Mrinmay Dey (Reuters) -The World Economic Forum closed an investigation on its founder Klaus Schwab on Friday, clearing him of any wrongdoing, and appointed BlackRock CEO Larry Fink and Roche Holding’s vice-chair Andre Hoffmann as interim co-chairs of its board. The Geneva-based organisation had launched an investigation in April into 87-year-old Schwab following a whistleblower letter allegi ...