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"Severely Curbed": Gold Shipments Through Dubai Stalled In Wake Of Strikes On Iran
"Severely Curbed": Gold Shipments Through Dubai Stalled In Wake Of Strikes On Iran
Gold shipments through Dubai are set to stall for several days after airlines suspended flights amid U.S. and Israeli strikes on Iran and Tehran’s response, according to three industry sources and Reuters.
Because gold is typically transported by air for security and insurance reasons, the cancellations are expected to sharply limit physical flows.
Reuters writes that Dubai is a key supplier to Switzerland, Hong Kong and India. Sources said the broader impact on global supply will depend on how long the...
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Feb 19, 2026 / Tyler Durden
Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund
Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund
Things are getting from bad to worse for Private Credit giant Blue Owl Capital.
The last time we looked at the firm's precarious liquidity situation about a month ago, we found that the Blue Owl BDC would allow for 17% redemptions as investors, burned by both the tumbling stock price and the company's massive exposure to ticking private credit time bombs, were storming for the exit.
Blue Owl BDC Allows for 17% Redemptions as Investors Storm Exit: BBG
— zerohedge (@zerohedge) January...
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Mar 31, 2026 / Tyler Durden
Solar Stocks Surge As Energy Shock Revives Renewables Trade
Solar Stocks Surge As Energy Shock Revives Renewables Trade
Goldman analyst Adam Wijaya asked clients whether this year's surge in SolarEdge, Enphase Energy, and other solar stocks is reviving a familiar trade: higher crude oil and natural gas prices in Europe and globally, strengthening the case for renewables as the energy shock sparks a return to coal switching.
"Are we back to running the 2022 playbook?" Wijaya asked in a note published Monday.
Wijaya said, "Certainly seems that way based on recent px action in residential solar."
"SEDG is +79% YTD vs ENPH...
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May 1, 2026 / Tyler Durden
Beijing Bad: Chinese Nationals Charged Building Meth Super Factory
Beijing Bad: Chinese Nationals Charged Building Meth Super Factory
Two Chinese citizens were indicted on by the DOJ on charges of conspiring to flood the United States with methamphetamine through a sophisticated, factory-style production operation, federal prosecutors announced this week.
Wenfeng Cui, 41, also known as “Vincen,” (no "t') and Fan Pang, 26, also known as “Jerry,” both nationals of the People’s Republic of China, were arrested in New York City on February 2, 2026, after allegedly meeting with undercover sources and providing detailed instructions on the chemical synthesis of methamphetamine...
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