International Business - The Globe and Mail

BlackRock limits withdrawals from private credit fund after surge in redemption requests

Asset manager’s HPS Corporate Lending Fund received requests worth $1.2-billion in the first quarter

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BlackRock limits withdrawals from private credit fund after surge in redemption requests

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Yesterday

FILE - Construction workers install a lumber roof at a new home build Tuesday, April 1, 2025, in Laveen, Ariz. (AP Photo/Ross D. Franklin, File)

FILE - Construction workers install a lumber roof at a new home build Tuesday, April 1, 2025, in Laveen, Ariz. (AP Photo/Ross D. Franklin, File)

U.S. sheds 92,000 jobs in February, unemployment rate rises to 4.4%

5 min read

Yesterday

A shopper exits a Costco store in the Staten Island borough of New York City, U.S., January 16, 2026. REUTERS/Brendan McDermid

A shopper exits a Costco store in the Staten Island borough of New York City, U.S., January 16, 2026. REUTERS/Brendan McDermid

Costco says it would cut prices if it gets tariff refunds

2 min read

Yesterday

Shipping containers are stacked up at the port of Oakland, in Oakland, California, U.S., February 24, 2026. REUTERS/Carlos Barria

Shipping containers are stacked up at the port of Oakland, in Oakland, California, U.S., February 24, 2026. REUTERS/Carlos Barria

Tariff refund system should be ready in 45 days, U.S. customs official says

2 min read

Yesterday

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Wall Street stocks retreated early Thursday as oil market volatility triggered by the Middle East war kept investors on guard. (Photo by ANGELA WEISS / AFP via Getty Images)

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Wall Street stocks retreated early Thursday as oil market volatility triggered by the Middle East war kept investors on guard. (Photo by ANGELA WEISS / AFP via Getty Images)

earlier

Markets today: Stocks end sharply lower as oil surges to above US$90 amid Middle East turmoil and weak U.S. jobs report

March 5, 2026

WASHINGTON, DC - MARCH 03: U.S. President Donald Trump answers questions while meeting with German Chancellor Friedrich Merz in the Oval Office of the White House March 3, 2026 in Washington, DC. Trump and Merz are expected to discuss a range of topics including the recent U.S. and Israeli attacks on Iran and international tariffs imposed by the Trump administration. (Photo by Win McNamee/Getty Images)

WASHINGTON, DC - MARCH 03: U.S. President Donald Trump answers questions while meeting with German Chancellor Friedrich Merz in the Oval Office of the White House March 3, 2026 in Washington, DC. Trump and Merz are expected to discuss a range of topics including the recent U.S. and Israeli attacks on Iran and international tariffs imposed by the Trump administration. (Photo by Win McNamee/Getty Images)

Two dozen U.S. states sue over Trump’s new global tariffs

3 min read

March 5, 2026

FILE PHOTO: Gregory Abel, Vice Chairman overseeing non-insurance operations for Berkshire Hathaway, talks to shareholders during the Berkshire Hathaway Inc annual shareholders' meeting in Omaha, Nebraska, U.S. May 3, 2024. REUTERS/Scott Morgan/File Photo

FILE PHOTO: Gregory Abel, Vice Chairman overseeing non-insurance operations for Berkshire Hathaway, talks to shareholders during the Berkshire Hathaway Inc annual shareholders' meeting in Omaha, Nebraska, U.S. May 3, 2024. REUTERS/Scott Morgan/File Photo

Berkshire Hathaway resumes stock buybacks under CEO Abel after two-year break

3 min read

March 5, 2026

NEW YORK, NEW YORK - DECEMBER 10: Job seekers attend a career fair in Harlem hosted by Assemblymember Jordan Wright on December 10, 2025, in New York City. The career fair featured representatives from various agencies and companies and drew over 400 people. According to the Bureau of Labor Statistics, annual growth in U.S. labor costs slowed in the third quarter to the slowest rate in four years, raising concerns about a softening job market in America. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK - DECEMBER 10: Job seekers attend a career fair in Harlem hosted by Assemblymember Jordan Wright on December 10, 2025, in New York City. The career fair featured representatives from various agencies and companies and drew over 400 people. According to the Bureau of Labor Statistics, annual growth in U.S. labor costs slowed in the third quarter to the slowest rate in four years, raising concerns about a softening job market in America. (Photo by Spencer Platt/Getty Images)

U.S. weekly jobless claims steady in February, layoffs fall sharply

2 min read

March 5, 2026

Iranian flag overlayed with a rising stock graph and 3D printed gas pump miniature are seen in this illustration taken June 23, 2025. REUTERS/Dado Ruvic/Illustration

Iranian flag overlayed with a rising stock graph and 3D printed gas pump miniature are seen in this illustration taken June 23, 2025. REUTERS/Dado Ruvic/Illustration

Tanker attack in the northern Persian Gulf boosts oil and gas prices, signals Iran war is widening

3 min read

March 5, 2026

Financial information is displayed on the floor at the New York Stock Exchange in New York, Wednesday, March 4, 2026. (AP Photo/Seth Wenig)

Financial information is displayed on the floor at the New York Stock Exchange in New York, Wednesday, March 4, 2026. (AP Photo/Seth Wenig)

earlier

Markets Thursday: Oil spikes, traders begin to price in BoC rate hikes this year, and Rosenberg on when he’ll be buying stocks

March 4, 2026

FILE PHOTO: FILE PHOTO: Oil tankers pass through the Strait of Hormuz, December 21, 2018. REUTERS/Hamad I Mohammed/File Photo/File Photo

FILE PHOTO: FILE PHOTO: Oil tankers pass through the Strait of Hormuz, December 21, 2018. REUTERS/Hamad I Mohammed/File Photo/File Photo

How the closing of the Strait of Hormuz is affecting global oil markets

3 min read

March 4, 2026

FILE PHOTO: The Federal Reserve Board building in Washington, D.C., U.S., November 14, 2025. REUTERS/Elizabeth Frantz/File Photo

FILE PHOTO: The Federal Reserve Board building in Washington, D.C., U.S., November 14, 2025. REUTERS/Elizabeth Frantz/File Photo

Fed report says U.S. economy solid but notes disruption from Minnesota immigration crackdown

4 min read

March 4, 2026

A Moderna employee conducts tests at the company's vaccine facility in Laval, Que.

A Moderna employee conducts tests at the company's vaccine facility in Laval, Que.

Moderna shares rise on $2.25-billion settlement over COVID-19 vaccine technology

2 min read

March 4, 2026

NEW YORK, NEW YORK - JANUARY 09: A 'now hiring' sign is displayed in a business's window in Manhattan on January 09, 2026, in New York City. The Labor Department reported on Friday that employers added 50,000 jobs in December, bringing the unemployment rate down to 4.4% (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK - JANUARY 09: A 'now hiring' sign is displayed in a business's window in Manhattan on January 09, 2026, in New York City. The Labor Department reported on Friday that employers added 50,000 jobs in December, bringing the unemployment rate down to 4.4% (Photo by Spencer Platt/Getty Images)

U.S. private payrolls see largest increase in seven months in February, ADP data show

2 min read

March 4, 2026

Bank towers are seen from Bay Street in Toronto's financial district on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Veczan

Bank towers are seen from Bay Street in Toronto's financial district on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Veczan

SSR Mining to sell stake in Turkey’s Copler mine for $1.5-billion

1 min read

March 4, 2026

FILE - Japanese Prime Minister Sanae Takaichi, with President Donald Trump, reacts as she was speaking to members of the military aboard the USS George Washington, an aircraft carrier docked at an American naval base, in Yokosuka, on Oct. 28, 2025. (AP Photo/Mark Schiefelbein, File)

FILE - Japanese Prime Minister Sanae Takaichi, with President Donald Trump, reacts as she was speaking to members of the military aboard the USS George Washington, an aircraft carrier docked at an American naval base, in Yokosuka, on Oct. 28, 2025. (AP Photo/Mark Schiefelbein, File)

Japan, U.S. aim to add nuclear power project to $550-billion investment package, sources say

2 min read

March 4, 2026

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 3, 2026.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 3, 2026.

earlier

Markets Wednesday: Indexes rise as oil steadies. Plus, Rosenberg’s top stock pick and TSX equities with the biggest analyst price target hikes

March 3, 2026

FILE PHOTO: New York Federal Reserve Bank President John Williams speaks to Economic Club of New York, in New York City, U.S., May 30, 2024. REUTERS/Andrew Kelly/File Photo

FILE PHOTO: New York Federal Reserve Bank President John Williams speaks to Economic Club of New York, in New York City, U.S., May 30, 2024. REUTERS/Andrew Kelly/File Photo

Fed official says Middle East conflict could pose inflation, growth risks for U.S.

4 min read

March 3, 2026

Spain's Prime Minister Pedro Sanchez at the EU summit in Brussels in January.

Spain's Prime Minister Pedro Sanchez at the EU summit in Brussels in January.

Trump says U.S. will cut off all trade with Spain

3 min read

March 3, 2026

Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon

Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon

Blackstone sees surge in withdrawals from flagship private credit fund amid sector woes

2 min read

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