Apollo Global Management is buying Nippon Sheet Glass for about $3.7 billion.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Mar 31 2026
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TOP TREND 2023: CLEAN ENERGY SELF-SUFFICIENT ECONOMIES
The Iran War has refocused attention on the need to escape dependence on fossil fuels, which cause price spikes and supply shortages when wars break out and energy disruptions escalate.
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ARES IS LATEST PRIVATE LENDER TO CURTAIL REDEMPTIONS
Ares Management, a major player in the private lending industry, has been hit with redemption requests to its Ares Strategic Income Fund totaling 11.2 percent of the fund’s assets.
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UBS SUSPENDS WITHDRAWALS FROM REAL ESTATE FUND
UBS has halted all withdrawals from its €400-million European “Eurovest” real estate investment fund for up to 36 months.
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WITH CAR SALES DOWN, VW TURNS TO MAKING MISSILE PARTS
Iconic carmaker Volkswagen is in discussions with Israel’s Rafael Advanced Defense Systems, developer of the country’s “Iron Dome” defense infrastructure, to make military equipment at a car plant in Osnabrück that VW has slated for closing next year.
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MONTREAL BANK OFFERS TOKENIZED CASH TRANSFERS
The Bank of Montreal will offer institutional customers the ability to convert cash into digital tokens on a blockchain to facilitate instant payments and transfers any day, day or night.
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PLAN FOR DIGITAL EURO GETS KEY ENDORSEMENT
Fernando Navarette, the European parliament’s member in charge of guiding the debate over creation of a digital euro, has reversed his position and now endorses the concept.
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CHINA’S FACTORY PROFITS JUMPED 15 PERCENT AS 2026 BEGAN
China’s industrial profits shot up 15.2 percent year over year during this year’s first two months, after managing to grow just 0.6 percent in all of 2025, the National Bureau of Statistics (NBS) reported last week.
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ECB READY TO RAISE KEY INTEREST RATE, LAGARDE SAYS
The European Central Bank (ECB) is poised to raise its policy interest rate “at any meeting…if appropriate,” bank president Christine Lagarde said at a 24 March financial conference.
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GOING OUT OF BUSINESS TRENDS
Closures continue to hit the retail and restaurant industry due to rising costs, declining demand, shifting consumer habits and online shopping.