Diginex ( DGNX ) announced on Thursday the appointment of Jacob Friedman as Diginex’s chief operating officer and Sandra Kovacheva as Diginex’s chief administrative officer. The company said that the appointments support and advance the company's unified business strategy, announced on March 30, 2026, under which Diginex is integrating its four operating entities, Diginex and its three subsidiarie...
Diginex ( DGNX ) announced on Thursday the appointment of Jacob Friedman as Diginex’s chief operating officer and Sandra Kovacheva as Diginex’s chief administrative officer. The company said that the appointments support and advance the company's unified business strategy, announced on March 30, 2026, under which Diginex is integrating its four operating entities, Diginex and its three subsidiaries, Plan A.Earth GmbH, Matter DK ApS, and The Remedy Project into a single operating company with an integrated technology platform serving banks, asset managers, and corporations worldwide. Since 2021, Friedman has served as chief customer officer at Plan A, where he built and led all customer-facing operations, including customer success, consulting, and commercial expansion across 15 markets. Previously, Friedman served as Head of Operations at Rewiring America and Director of Expansion at Via Transportation. As COO, Friedman will lead the integration of customer operations, commercial processes, and delivery infrastructure across Diginex’s four operating entities, establishing a unified global operating model. He will also serve as the managing director of Plan A, ensuring continuity of local management and regulatory compliance during the integration period. Since 2022, Kovacheva has served as General Counsel and Data Protection Officer at Plan A, where she progressively expanded her responsibilities to encompass legal affairs, compliance, people operations, and corporate governance functions across multiple European jurisdictions. Previously, Kovacheva served as Deputy Contract and Legal Director at Circana (formerly The NPD Group) and International Corporate Counsel at Bureau Veritas, advising on M&A, regulatory, and cross‑border legal matters across Europe , Asia , and Africa . As CAO, Kovacheva will work to consolidate legal, compliance, people operations, and corporate governance functions across all of Diginex's operating businesses, harmonizing policies and frame...
New tickets released for some group games and final Fans attempting to buy tickets encounter glitches Fifa raised its top ticket price for the World Cup final to $10,990 during the glitch-hampered reopening of sales on Wednesday after the 48-team field for this year’s tournament was finalized . The top price for the final had been $8,680 when Fifa sold tickets after the tournament draw in December...
New tickets released for some group games and final Fans attempting to buy tickets encounter glitches Fifa raised its top ticket price for the World Cup final to $10,990 during the glitch-hampered reopening of sales on Wednesday after the 48-team field for this year’s tournament was finalized . The top price for the final had been $8,680 when Fifa sold tickets after the tournament draw in December. Fifa’s Category 2 tickets for the 19 July game at MetLife Stadium are now $7,380, up from $5,575, and Category 3 now costs $5,785, an increase from $4,185. The most expensive ticket for the final of the 2022 World Cup was priced at about $1,600 . Continue reading...
MP Leonti/iStock via Getty Images On April 10, 2026, the Bureau of Labor Statistics will publish the Consumer Price Index for March. In February, the CPI increased 0.3% (seasonally adjusted), after it increased by 0.2% in January. A linear pattern would suggest that CPI in March increased 0.4%. Investors consider the median CPI and the longer-term trend in the last decade first. February Median CP...
MP Leonti/iStock via Getty Images On April 10, 2026, the Bureau of Labor Statistics will publish the Consumer Price Index for March. In February, the CPI increased 0.3% (seasonally adjusted), after it increased by 0.2% in January. A linear pattern would suggest that CPI in March increased 0.4%. Investors consider the median CPI and the longer-term trend in the last decade first. February Median CPI The Cleveland Fed calculated the February median CPI at 2.85%, compared to 2.41% in the last 12 months. The median CPI calculation is the one-month inflation rate of the component where the expenditure weight is in the 50 th percentile of price changes. The rationale for omitting the outliers allows the reader to focus on the interior of the distribution of price changes. The chart below shows a smoother long-term trend. The median CPI fell steadily since 2023, while the CPI (green line) exhibited more volatility, especially between 2024 and 2025. Despite the wider monthly changes, the CPI trended lower during that time. BLS Oil Price Shock in March The bar chart below shows that the one-month percent change in CPI barely changed. CPI rose by either 0.2% or 0.3%. On one occasion last May 2025, CPI increased 0.1%. CPI (BLS) In March, the BLS data will report the impact of surging oil prices. WTI crude ( CL1:COM ) rose from the low $70s. It stayed at elevated levels in the $90 - $98 range for most of the month. oilprice The index for energy already increased 0.6% in February, compared to a fall of 1.5% in January. This figure might increase to 0.6% - 0.9%. Inflation in shelter, food, medical care, and apparel might lead to an overall increase in CPI. The CPI for the last 12 months might top 3.0%. Stock markets already priced in a 97.4% chance that the Federal Reserve will hold interest rates at 350 – 375 basis points. FedWatch The odds of a rate cut to 325-350 bps were higher on February 27 at 23.3%. Not only is a rate cut probability at 0%, but the odds of a rate hike are ...
Blue Owl Capital Inc. will limit redemptions from two of its private credit funds after facing a surge in withdrawal requests that is unprecedented among major firms in the $1.8 trillion market. Investors in its $36 billion Blue Owl Credit Income Corp. fund, one of the industry’s largest, asked to pull 21.9% of shares in the three months ended March 31, according to an investor letter, up from 5.2...
Blue Owl Capital Inc. will limit redemptions from two of its private credit funds after facing a surge in withdrawal requests that is unprecedented among major firms in the $1.8 trillion market. Investors in its $36 billion Blue Owl Credit Income Corp. fund, one of the industry’s largest, asked to pull 21.9% of shares in the three months ended March 31, according to an investor letter, up from 5.2% in the prior period. The smaller Blue Owl Technology Income Corp. saw shareholders ask for 40.7% back, compared with 15.4% three months earlier, according to a separate letter. Both funds had previously met the requests in excess of its 5% tender offer. This time, though, Blue Owl said it would join industry peers in capping redemptions at that level, “in accordance with the fund structure, reflecting our commitment to balancing the interests of both tendering and remaining shareholders.” For the bigger fund, OCIC, that amounts to $988 million of redemptions honored and about $3.2 billion remaining in the fund, while for OTIC it means redeeming $179 million and keeping roughly $1 billion of investors’ cash. While Blue Owl joins industry peers including Apollo Global Management Inc. , Ares Management Corp. and BlackRock Inc. in sticking to their redemption threshold on non-traded business development companies, the magnitude of the requests underscores how Blue Owl has found itself squarely in the middle of worries about private credit. Read more: Blue Owl Anxiety Rattles $1.8 Trillion Private Credit Market Skittish Investors Investors have grown skittish about the market after some high-profile collapses and concerns over AI disrupting software companies that relied heavily on direct lenders. But Blue Owl found itself particularly in the spotlight after a scrapped merger between two BDCs in November and then outsized withdrawal requests from its tech-focused BDC in January. In February, it was scrutinized over a move to sell $1.4 billion of assets while restricting quarte...
OlekStock/iStock via Getty Images A Good Indicator of Undervaluation When REITs trade (far) below their intrinsic value, you don't want to see a management's team issuing new shares. Something that we saw with Macerich ( MAC ) during the COVID-years, in order to deleverage the balance-sheet. What you do want to see are: Unlocking value through lucrative asset sales (with proceeds used to pay down ...
OlekStock/iStock via Getty Images A Good Indicator of Undervaluation When REITs trade (far) below their intrinsic value, you don't want to see a management's team issuing new shares. Something that we saw with Macerich ( MAC ) during the COVID-years, in order to deleverage the balance-sheet. What you do want to see are: Unlocking value through lucrative asset sales (with proceeds used to pay down debt) Share buybacks Sure, you could argue that selling income-generating assets to deleverage the balance-sheet won't directly contribute to per share [A]FFO growth, but a more healthier leveraged REIT does provide you with more downside protection when things go south (like when a pandemic hits) and it also brings future interest expenses down because of the investment grade rating that REITs can lock-in when they run the portfolio in a prudent (low-leverage) matter. Why all of this is relevant to AH Realty Trust ( AHRT )? Because at the end of last month , the company reported the sale of two non-core assets (the company's investment in Solis North Creek and Solis Peachtree). These were financing investments to AH Realty Trust. In my previous articles I already discussed management's focus on simplifying the REITs portfolio. Getting rid of its real estate financing program was a part of this promise/goal. Let's focus on these sales first, before we are going to the share buybacks that management did in Q1 as well. Press release (March 31, 2026) The combined sale of AHRT's investment in Solis North Creek and Solis Peachtree were done at an aggregate purchase price of $63 million. So was this a good deal or not? In order to answer this question, we have to go to the most recent 10-K . On page 12 and ... we can read the following regarding North Creek and Peachtree respectively: The balance on the Solis North Creek note was $30.0 million as of December 31, 2025 , which includes $2.3 million of cumulative accrued interest and $1.0 million of cumulative accrued unused commitm...
英国石油 公司BP与阿布扎比国家石油公司(ADNOC)的合资企业Arcius Energy已做出最终投资决定,将开发埃及El Burg Offshore特许区块内的Harmattan天然气田。 该项投资估计约为50万美元,是Arcius在埃及的首批项目之一,旨在提高天然气产量以支持国内需求。 该决定是在Arcius于2026年2月收购El Burg Offshore特许区块之后做出的,项目正与埃及...
英国石油 公司BP与阿布扎比国家石油公司(ADNOC)的合资企业Arcius Energy已做出最终投资决定,将开发埃及El Burg Offshore特许区块内的Harmattan天然气田。 该项投资估计约为50万美元,是Arcius在埃及的首批项目之一,旨在提高天然气产量以支持国内需求。 该决定是在Arcius于2026年2月收购El Burg Offshore特许区块之后做出的,项目正与埃及天然气控股公司合作推进。 作为执行阶段的一部分,Pharaonic Petroleum Company代表El Burg Offshore Petroleum Company已将工程、采购、施工及安装合同授予ENPPI,Petroleum Marine Services和Petrojet作为分包商参与其中。 Arcius首席执行官Naser Al Yafei表示:“开发Harmattan气田的最终投资决定标志着我们在埃及的首批项目之一向投产迈出了重要里程碑。这反映了我们对埃及能源行业潜力的信心,以及我们与埃及政府、EGAS及我们的执行伙伴紧密合作,以加强埃及天然气供应、支持能源安全并巩固埃及作为东地中海区域能源枢纽地位的承诺。” Arcius成立于2024年,是BP与ADNOC投资部门XRG的合资企业,专注于开发埃及及更广泛的东地中海地区的天然气资产。 责任编辑:张俊 SF065
A month into the Iran war, Washington still says it expects to achieve its objectives in weeks, not months. That may prove optimistic. The terms on offer from the United States and Iran barely overlap, and markets remain unconvinced a durable settlement is close. But one fact is clear: the war’s most consequential effects may be felt not only in the Middle East but across East Asia. It would be a ...
A month into the Iran war, Washington still says it expects to achieve its objectives in weeks, not months. That may prove optimistic. The terms on offer from the United States and Iran barely overlap, and markets remain unconvinced a durable settlement is close. But one fact is clear: the war’s most consequential effects may be felt not only in the Middle East but across East Asia. It would be a mistake to see this as only an oil story. It is also about hierarchy. In East Asia, the war is...
Relaxing covenant requirements to win competitors in the race to fund deals is leaving sub-investment grade loan investors without their last line of defense, according to an analysis by Moody’s Ratings. Maintenance covenants, most common among revolving loans, serve to protect lenders from early signs of stress and constrain borrowers from heaping excessive leverage onto deals. But some are becom...
Relaxing covenant requirements to win competitors in the race to fund deals is leaving sub-investment grade loan investors without their last line of defense, according to an analysis by Moody’s Ratings. Maintenance covenants, most common among revolving loans, serve to protect lenders from early signs of stress and constrain borrowers from heaping excessive leverage onto deals. But some are becoming increasingly permissive, allowing borrowers to do just that, a group of analysts led by Derek Gluckman wrote in a report. Of over a hundred leveraged loans executed in 2024 and 2025 that Moody’s sampled, nearly half of deals with revolver—maintenance covenants set leverage thresholds at 8 times earnings, while 26% set leverage above 9 times, and 11% had leverage thresholds as high as 10 times or more, according to the report. In contrast, Moody’s pre-pandemic sample of maintenance covenants from 2019 to 2020 featured thresholds between 4 to 7.35 times. High leverage thresholds matter, in that they allow issuers to crank leverage without breaching the terms of their deal, which can quickly plunge companies into junkier credit territory. These covenants often do not become applicable — or able to protect lenders — until the issuer is under substantial stress, by which point it may be too late. “Once such elevated thresholds are breached, investors are more likely facing the borrower’s final curtain call,” Moody’s analysts said. Springing covenants — which trigger when a company has used more than a fixed percentage of its revolving facilities on the testing date — have also grown to a higher threshold compared to the 2019-20 sample. Spring levels are commonly set at 40% nowadays, making it easier for borrowers to tap on its revolver without triggering the covenant. By including maintenance covenants, pro rata loan tranches — which include term loan As and revolving loans — historically had a benefit over term B lenders, the vast majority of which are now “cov-lite”. But a...
WILMINGTON, Del., April 02, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video, and AI technology research and development company, today announced that the company has signed a new patent license agreement with Buffalo Americas, Inc. and new agreements with a global TV manufacturer. The agreement with Buffalo Americas, Inc. covers Buffalo Americas’ network devices under...
WILMINGTON, Del., April 02, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video, and AI technology research and development company, today announced that the company has signed a new patent license agreement with Buffalo Americas, Inc. and new agreements with a global TV manufacturer. The agreement with Buffalo Americas, Inc. covers Buffalo Americas’ network devices under InterDigital’s global patent portfolio related to the Wi-Fi 5 and Wi-Fi 6 standards. Buffalo is a l
Since October, the crypto market has lost about $2 trillion in value. Bear markets are never fun, but if you believe in the long-term value of cryptocurrencies and blockchain technology, then this is a good time to add to your holdings. I believe Bitcoin is an important part of any crypto portfolio, as it's the most successful coin by far. However, there are also quite a few exciting crypto invest...
Since October, the crypto market has lost about $2 trillion in value. Bear markets are never fun, but if you believe in the long-term value of cryptocurrencies and blockchain technology, then this is a good time to add to your holdings. I believe Bitcoin is an important part of any crypto portfolio, as it's the most successful coin by far. However, there are also quite a few exciting crypto investment opportunities with altcoins -- a term for all cryptocurrencies other than Bitcoin. Here are my top two picks right now. Image source: Getty Images. Continue reading
Metals Creek Resources ( MEK:CA ) plans a non-brokered private placement of flow-through and non-flow-through units, expected to close by April 15, 2026. The company will issue up to 7.5M flow-through units at $0.035 each to raise up to $262,500 for exploration funding. It will also issue up to 2.5M non-flow-through units at $0.035 each to raise up to $87,500. Warrants from both unit types will al...
Metals Creek Resources ( MEK:CA ) plans a non-brokered private placement of flow-through and non-flow-through units, expected to close by April 15, 2026. The company will issue up to 7.5M flow-through units at $0.035 each to raise up to $262,500 for exploration funding. It will also issue up to 2.5M non-flow-through units at $0.035 each to raise up to $87,500. Warrants from both unit types will allow share purchases at $0.06 per share for 36 months. Proceeds from flow-through units will fund exploration in Newfoundland and Ontario, including the Ogden Gold Project. More on Metals Creek Resources Corp. Metals Creek Resources appoints Kevin Ramsay as CFO following retirement of Nick Tsimidis Financial information for Metals Creek Resources Corp.