Citigroup Reports $22 Billion of Private-Credit Exposure
Citigroup disclosed that its exposure to private‑credit lenders reached $22 billion in the first quarter, and the bank reported zero losses on those positions. The private‑credit exposure is part of a broader $118 billion portfolio of loans to non‑bank financial firms as of March 31. The data provides investors with a rare glimpse into Citi’s risk profile in the fast‑growing alternative‑credit market. The bank’s statement underscores its continued focus on diversified credit channels beyond traditional banking.
PSU Banks vs Private Banks: What Should Investors Pick This Earnings Season
Public sector banks (PSUs) have outperformed private lenders, with the Nifty PSU Bank index gaining 41% over the past year versus a 5% rise for private banks. Analysts note that PSU valuations are now around 1.3 times forward book value,...
THL Partners Appoints Dave Guilmette as Exec Partner in Fintech and Services Investment Group
Private equity firm THL Partners has appointed Dave Guilmette as an executive partner in its fintech and services investment group. Guilmette will lead the identification, sourcing, and growth of opportunities across insurance, employee benefits, and the broader financial services ecosystem....
How Liverpool FC Overhauled Its Fan Experience with Wasabi
Liverpool FC launched a cloud‑based digital content platform with Wasabi to streamline video storage, tagging and delivery. The AI‑powered Wasabi AiR solution cut cloud costs by roughly 80% and eliminated over 5,000 hours of manual media management each year. As...
Wholesale Prices Increased by 0.5% in the U.S. in March
The U.S. producer price index (PPI) rose 0.5% in March, well below the 1.1% consensus estimate. On a 12‑month basis the final‑demand index climbed 4.0%, the strongest annual gain since February 2023. Core PPI, which strips out food and energy,...
Last Click Captures Demand, But Creators Build It
Creator marketing has moved beyond simply capturing the last click, becoming a pivotal force in the middle of the funnel. While affiliate links still excel at converting intent that already exists, creators introduce brands to consumers and guide them toward...
Namibia’s Central Bank Lowers Economic Growth Forecasts
Namibia’s central bank slashed its GDP growth outlook, now projecting 2.6% for 2024 and 2.9% for 2025, trimming previous estimates by 1.2 and 1.4 percentage points respectively. The downgrade reflects a sharper-than‑expected decline in metal ore output and persistent weakness...
Veteran Architect Wants More Women on Jobsites
Veteran architect Gail Sullivan, founder of Boston‑based Studio G Architects, reflects on her 35‑year career and the evolving role of women in construction. She recalls that women comprised only 2.6% of registered architects in 1983, but today sees women working as...
Defense Tech Under Legal Scrutiny: How Regulation Is Reshaping Startup Investments in Europe
European defense technology is experiencing a rapid funding surge, now representing 6.2% of the continent’s venture‑capital market and attracting more than €1 billion (about $1.1 billion) in capital. New EU export‑control rules, the NIS2 directive and the upcoming Cyber Resilience Act have...
Morning Reads
Nvidia denied a report that it was negotiating to buy a PC maker, sending Dell and HP shares down more than 2% after earlier rallying. United Airlines CEO discussed a possible merger with American Airlines, lifting both stocks in pre‑market...
Malaysians Urged to Tighten Their Belts as Iran War Fallout Starts to Bite
Malaysia’s government warned citizens to brace for prolonged cost pressures as the Iran‑triggered energy crisis tightens. Crude oil supplies are expected to run out by May, pushing Brent to US$132.50 per barrel and prompting a diesel subsidy hike to 400...
Dollar General, QSIC Partner To Expand Chain's In-Store Audio Network
Dollar General has teamed up with QSIC to roll out an AI‑driven in‑store audio network across roughly 6,000 stores, doubling its reach to 12,000 locations by the second quarter of 2026. The QSIC platform will generate curated music playlists and...
Collision Handling Between Absences and Attendances in SAP SuccessFactors Time Tracking – 1H 2026
SAP SuccessFactors announced its 1H 2026 release adds collision handling for overlapping absence and attendance records in Time Tracking. Customers and implementation consultants can now define system reactions when such overlaps occur, eliminating manual adjustments. The update also resolves two highly...
From Jugaad to Systems: The Shift Indian Startups Can’t Ignore
Indian founders have long relied on low‑cost, ad‑hoc tools—so‑called "jugaad"—to validate product‑market fit, but the hidden operational debt soon throttles growth. The article argues that the real cost of saving roughly $6 a month is the three hours a day...
Herdez Gives Control of Nestlé Mexico Ice-Cream Business to Froneri
Grupo Herdez will hand operational control of its Nestlé‑licensed ice‑cream portfolio in Mexico to Froneri, creating a 50‑50 joint venture. Froneri will inject capital and assume full operational authority, while Herdez receives no cash inflow and will reclassify its stake...
Equinor Sells 8.07% Stake in Scatec for $169m
Equinor sold an 8.07% stake in Norwegian renewable developer Scatec for roughly $168.5 million, pricing shares at Nkr 125 ($13.16) each. After the transaction the oil major retains an 8.05% holding subject to a 90‑day lock‑up. Equinor first invested in Scatec in...
B&G Foods Strike Averted as New Contracts Agreed at US Plant
B&G Foods averted a strike at its Stoughton, Wisconsin plant after Teamsters Local 120 ratified a new three‑year contract. The agreement delivers a 19% wage increase, maintains robust health‑care benefits, and adds better vacation and workplace protections for the 59...
/file/attachments/orphans/Nurse_377976.jpg)
SPOTLIGHT: Survival over Compliance Drives Nurses Into the Shadows of an Unworkable Moonlighting System
South Africa’s public‑sector nurses are increasingly working off‑the‑books in private clinics to make ends meet, with only 20% holding formal permission compared with 85% of doctors. A 2025 survey of 1,397 health workers revealed widespread non‑compliance, while corruption at hospitals...
RWS Global Announces Executive Leadership Transition
RWS Global announced a leadership transition in which founder, chairman and CEO Ryan Stana will move to the role of executive chairman, while chief operating officer Jake McCoy steps in as interim CEO. The change, backed by minority investor Bluestone Equity...
1,000+ Hollywood Insiders Write Letter Opposing Paramount/Warner Bros Merger
More than 1,000 leading Hollywood professionals, including Glenn Close and Denis Villeneuve, have signed an open letter condemning the proposed $111 billion merger of Larry Ellison’s Paramount/CBS with Warner Bros. Discovery. The signatories argue the deal would shrink the U.S. studio...
Study Finds Office Workers Productive for Under 3 Hours Daily
A Vouchercloud survey of nearly 2,000 UK office workers finds the average employee is truly productive for just 2 hours and 53 minutes each day. Seventy‑nine percent admit they are not productive throughout the entire workday, with social media, news...
What’s Driving Hiring in 2026
Recruitment activity dipped in 2025, yet employers faced higher hiring expenses, according to Appcast’s chief economist and chief product officer. The duo released new full‑funnel benchmarks that map each stage of the talent acquisition process, alongside salary‑transparency data that reveal...
When Employee Engagement Gets Cut, Who’s to Blame?
When budgets tighten, employee‑engagement technology is often the first to be cut because HR struggles to prove its impact on the bottom line. Rebecca Wettemann of Valoir argues that without a clear link between engagement scores, retention and EBITDA, CFOs...
When Employee Engagement Gets Cut, Who’s to Blame?
When companies tighten budgets, employee‑engagement technology is frequently deemed expendable. Rebecca Wettemann, CEO of a HR‑tech firm, argues that HR’s failure to link engagement to retention and EBITDA makes the case for such tools weak. She stresses that without clear...
DSIT Seeks Job-Share Partner for UK Space Agency Boss
The UK Department for Science, Innovation and Technology (DSIT) is hiring a job‑share partner to co‑lead the newly re‑formed UK Space Agency alongside director Rebecca Evernden. The role, classified at Senior Civil Service pay band 2, offers a pro‑rated salary of...
Tim Miles Appointed EVP of BMG’s Global SYNC+ Division
BMG has named former Warner Music Group executive Tim Miles as EVP of its newly launched Global SYNC+ division. Miles, who oversaw WMG’s sync operations in more than 25 markets, will report to Chief Strategy Officer Johannes von Schwarzkopf and lead...
Sapient Perception Raises €2M to Give Drones a Wider View
Sapient Perception, a Danish AI sensor startup, secured €2 million (about $2.2 million) in pre‑seed funding led by Balnord and FORWARD.one. The company’s 10K sensor platform captures up to 100 times more ground area than conventional drone cameras while preserving detail, processing data...
Affiliate Earns a Seat at the Table: Meytal Markman Talks Innovation, Brand Safety and Micro-Influencers
Meytal Markman, VP of Product Management at Rakuten Advertising, told DealMaker that brands are now blending creator‑driven content with affiliate programs to reach niche audiences at scale. She highlighted the surge of micro‑influencers and closed‑user groups, which deliver higher trust...
Barclays, FIS Sign Multi-Year Extension of Their Core Banking Agreement
Barclays US Consumer Bank announced a multi‑year extension of its core‑banking partnership with FIS, deploying the cloud‑ready FIS Profile platform. The solution will manage deposits, accounts and balances while delivering real‑time, multi‑currency processing, supporting Barclays’ ambition to grow its retail...
Our Favorite Management Tips on Organizational Change
Harvard Business Review’s latest management tips outline a disciplined playbook for leading organizational change. The guide stresses triaging change capacity, conducting a “do‑nothing” analysis, building a guiding coalition, and delivering early wins before launch. It also highlights empathy, transparent communication,...
Trucking Profitability in 2026: Why Operational Discipline Drives Growth
Trucking profitability in 2026 is no longer dictated by market cycles but by precise operational discipline. Executives at Optimal Dynamics’ strategy session reported bid spreads narrowing to 5‑10% and fleets increasingly walking away from unprofitable freight. Data‑driven lane‑level analytics and...
Only 34% of Cyber Professionals Plan to Stay in Their Current Role
A 2026 IANS and Artico Search talent report finds only 34% of cybersecurity professionals intend to stay with their current employer over the next year. Turnover pressure stems from shrinking budgets, expanding responsibilities, and a desire for pay increases rather...
Turner Mining Group Taps Wingspire Equipment Finance for Fleet Expansion Plans
Turner Mining Group has secured a structured equipment financing facility with Wingspire Equipment Finance worth up to $150 million. An initial $20 million tranche is being used to acquire a mobile mining fleet for the GRP Pan Gold Mine in Nevada, with...
Givaudan Can Manage the Effects of War in the Middle East Short Term, CEO Says
Givaudan’s new CEO says the US‑Israel‑Iran conflict has not materially disrupted the Swiss fragrance and flavour maker’s operations so far. The company is absorbing inflationary pressure on freight and logistics by planning coordinated price hikes with customers. The Middle East...
Lucid Motors Names New CEO, Lands More Money From Uber and Saudis
Lucid Motors announced Silvio Napoli, a veteran of the Schindler Group, as its new chief executive, ending a year‑long search after Peter Rawlinson’s abrupt exit. At the same time, Uber pledged an additional $200 million for 25,000 robotaxi‑ready Gravity SUVs, bringing...
Thoma Bravo to Merge Construction Software Firm with Nemetschek’s Build and Construct Segment
Private equity firm Thoma Bravo is merging its construction‑software assets with Nemetschek SE’s Build and Construct segment, creating a combined entity focused on digital construction solutions. Under the agreement, Nemetschek will hold roughly 72% of the new business while Thoma...
Saxo Bank Sees 2% Revenue Decline, Posts Loss in H2 2025
Copenhagen‑based Saxo Bank reported a 2% dip in H2 2025 revenue to DKK 2.456 billion ($388 million) and posted a modest net loss of DKK 9 million ($1 million), a reversal from the $87 million profit recorded in the first half. Despite the slowdown, full‑year 2025 revenue...
Trump Alone Can’t Save College Sports. But Congress Can.
Bruce Pearl argues that former President Trump lacks the political leverage to rescue the financial and governance crises plaguing college athletics, but Congress holds the authority to enact lasting reforms. He highlights mounting revenue gaps, escalating player compensation demands, and...
Toshiba Appoints Kerstin Woods as Chief Solutions and Marketing Executive
Toshiba America Business Solutions promoted Kerstin Woods to chief solutions and marketing executive, a newly created role that underscores the company’s shift toward cloud, AI, and solutions-driven growth. Woods will continue to lead global solutions go‑to‑market and outbound marketing, aligning...
Why CIOs Are Moving Away From Legacy Consulting in the AI Era
CIOs are abandoning traditional consulting firms as AI accelerates transformation and exposes gaps in strategy‑execution alignment. Legacy firms’ sequential approach and post‑hoc security fail to meet the speed, precision, and accountability CIOs now demand. New‑generation firms that embed security and...
State Lawmakers Seek to Regulate Employer Use of AI for Wage Decisions
State legislators across California, Colorado, Illinois and Texas are moving to curb algorithmic wage setting by imposing AI transparency and anti‑discrimination rules. The Colorado Artificial Intelligence Act, Illinois amendments to the Human Rights Act, Texas Responsible AI Governance Act and...
State Lawmakers Seek to Regulate Employer Use of AI for Wage Decisions
State legislators across the United States are moving to curb the use of artificial intelligence and automated decision tools in setting employee wages. Lawmakers argue that opaque AI models can embed bias, leading to discriminatory pay outcomes. Proposed bills would...
What’s Driving the Wartime Stock Rebound
Global equity markets rallied on Tuesday as investors leaned on momentum trading, wiping out the S&P 500’s losses incurred since the February onset of the Iran‑U.S. war. Brent crude slipped to about $98 a barrel and West Texas Intermediate hovered near...
What Small Employers Are Telling Us About the Labor Market
ADP’s March payroll data shows turnover among firms with fewer than 50 employees dropped to 3.9%, the lowest level in nine years. The broader private‑sector turnover rate has hovered around 4.7% for the past three years, indicating relative stability. Small...
AI-Driven Media Quality Signals Move Into Campaign Activation
Basis and Protected by Mediaocean have launched a direct integration that embeds AI‑driven verification, attention, and quality signals into the Basis campaign activation platform. The partnership replaces static, post‑campaign checks with real‑time, pre‑bid intelligence that continuously adapts to performance data....
How Rest, FLC Marketing Re-Framed Sleep in a Heat-Driven Market
Rest introduced its Evercool by Rest bedding line in the UAE, positioning cooling as a core sleep requirement rather than a luxury feature. The campaign, orchestrated by FLC Marketing, used a three‑phase "Cool Sleep System" to move consumers from awareness...
CME Group to Launch Options on Eris SOFR Swap Futures
CME Group announced it will list options on Eris SOFR Swap futures starting June 16, 2026, pending regulatory approval. The options—available on 2‑year, 5‑year and 10‑year contracts—add a new layer of flexibility for managing U.S. dollar interest‑rate risk and complement...
GoWit & Numatec Forge Retail Media Partnership in Spain and Italy
GoWit announced a strategic partnership with Numatec to roll out its AI‑driven retail‑media platform across Spain and Italy, leveraging Numatec’s local martech network. The deal targets the fast‑growing European retail‑media market, projected to reach €31 bn (≈$33 bn) by 2028, with Spain...
Staff at Goldsmiths Art College Plan Industrial Action Ahead of Redundancies
Goldsmiths, University of London’s flagship art college, announced a two‑year "Future Goldsmiths" restructuring that aims to deliver roughly $27.5 million in savings by 2027. The plan builds on earlier programmes that generated about $9.5 million and $20.1 million in savings, but also revealed...
Meet the Swiss Distro Company Banking on Agentic AI to Power the ‘Next Generation’ of Indie Labels.
Swiss tech firm iGroove, founded by former rapper Dennis Hausammann, has rebuilt its platform from the ground up to embed agentic AI in a product called Label OS. The AI‑driven system automates core label functions—distribution, royalty accounting, payments, contracts and recoupments—while...