After the late-September collapse of U.S. auto-industry companies First Brands and Tricolor Holdings—both deep in bonded debt—Andrew Bailey, governor of the Bank of England, is hearing “alarm bells” in the private credit industry.
Category: 28 October 2025
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ANOTHER GOLDEN YEAR FOR GOLD
As Gerald Celente had forecast in his podcast on 16 October, there would be a sharp correction in gold, possibly going down some $500 per ounce when it was trading in the $4,350 per ounce range.
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SPOTLIGHT: BIGS GETTING BIGGER
Private equity heavyweights Blackstone and TPG have partnered to buy Hologic, which develops technologies to diagnose and treat health conditions. It specializes in women’s medical concerns.
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KERING REPORTS THIRD CONSECUTIVE DROP IN QUARTERLY REVENUE
Kering, the luxury conglomerate that owns Balenciaga, Brioni, and St. Laurent, among others, reported a 10-percent decline in third-quarter revenue to $3.96 billion year on year, marking its third losing quarter in a row.
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SPECIAL REPORT: NEW SANCTIONS ON RUSSIA’S OIL
Last week, Donald Trump hit Russia’s oil industry with the most severe sanctions since Russia invaded Ukraine more than three years ago, the first time his administration has imposed direct costs on the Kremlin.
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GAZA DEATH TOLL
The ceasefire between Hamas and Israel is technically holding, but the IDF continues to attack Palestinians at will, killing at least 94 since the truce went into effect, bringing the death toll inside the enclave to 68,531.
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TOP TREND 2022, SELF-SUFFICIENT ECONOMIES: CHINA VOWS TO BECOME SELF-SUFFICIENT IN ADVANCED TECHNOLOGIES
On 23 October, China’s top government leaders pledged to speed the country’s progress toward self-sufficiency in cutting-edge technologies as trade tensions with the U.S. continue unabated.
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HEDGE FUNDS DIVE INTO HONG KONG’S IPO MARKET
Hong Kong’s Hang Seng stock exchange has been rife with initial public offerings this year and Millennium Management, Qube Research & Technologies, and Oaktree Capital Management are among the Western hedge funds that arrived early at the party.
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CANADIAN BUSINESSES, CONSUMERS BRACE FOR A RECESSION
A third of Canadian businesses are preparing for a recession, according to a new survey by the Bank of Canada (BoC). A separate poll of the country’s households found two-thirds expect a recession during the next 12 months.
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HOW EXERCISE PROTECTS YOU FROM OSTEOPOROSIS
Osteoporosis affects 10 million Americans, and research shows resistance training effectively builds bone density by creating mechanical stress that signals bone-building cells to strengthen skeletal structure